ACC 205 ASH Courses / Tutorialrank
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ASHFORD ACC 205 Week 1 Assignment P2–53B Correcting errors in a trial balance
ASHFORD ACC 205 Week 1 DQ 1 Ethical Issues
ASHFORD ACC 205 Week 1 DQ 2 Debit and Credit
ASHFORD ACC 205 Week 2 Assignment P3–32A, P3–33A, E4–21, P4–25A
ASHFORD ACC 205 Week 2 DQ 1 Ethical Issue 3–1
ASHFORD ACC 205 Week 2 DQ 2 Adjusting Entries
ASHFORD ACC 205 Week 3 Assignment E5–16 ,E6–23 ,E6–28, P5–29A
ASHFORD ACC 205 Week 3 DQ 1 Ethical Issue 5–1
ASHFORD ACC 205 Week 3 DQ 2 FIFO and LIFO
ASHFORD ACC 205 Week 4 Assignment P7–31A, P8–32A, P8–26A, P8–27A, P7–27A
ASHFORD ACC 205 Week 4 DQ 1 Fraud Case 7–1
ASHFORD ACC 205 Week 4 DQ 2 Bad Debts
ASHFORD ACC 205 Week 5 Assignment P10–18A ,E9–24, E9–21, P9–28A, P10–15A
ASHFORD ACC 205 Week 5 DQ 1 Fraud Case 9–1
ASHFORD ACC 205 Week 5 DQ 2 Current Liabilities
ASHFORD ACC 205 Week 5 Final Paper
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ASHFORD ACC 205 Week 1 Assignment P2–53B Correcting errors in a trial balance
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The trial balance for Treasure Hunt Exploration Company does not balance.
Treasure Hunt Exploration Company
Trial Balance
July 31, 2012
Cash 6,600
Accounts receivable 9,000
Supplies 200
Exploration equipment 22,600
Computers 46,000
Accounts payable 2,900
Note payable 18,900
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ASHFORD ACC 205 Week 1 DQ 1 Ethical Issues
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What is the fundamental ethical issue in this situation?How do the two suggestions of the company owner differ?
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ASHFORD ACC 205 Week 1 DQ 2 Debit and Credit
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Define the terms “debit” and “credit”. Explain how debits and credits affect the following: assets, liabilities, owner’s capital account, revenues and expenses. Respond to at least two of your classmates’ postings
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ASHFORD ACC 205 Week 2 Assignment P3–32A, P3–33A, E4–21, P4–25A
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ACC 205 Week 2 Assignment P3–32A, P3–33A, E4–21, P4–25A
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ASHFORD ACC 205 Week 2 DQ 1 Ethical Issue 3–1
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Compute the overall effects of these transaction o the store’s reported income 2014.
Why is Steinbach taking this action? Is his action ethical? Give your reason, identifying the parties helped and the parties harmed by Steinbach’s action.
As a personal friend, what advice would you give the accountant?
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ASHFORD ACC 205 Week 2 DQ 2 Adjusting Entries
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Explain the purpose of adjusting entries. How is net income affected if adjusting entries are not made? Describe the four closing entries and explain their purpose. Respond to at least two of your classmates’ postings.
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ASHFORD ACC 205 Week 3 Assignment E5–16 ,E6–23 ,E6–28, P5–29A
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ACC 205 Week 3 Assignment E5–16 ,E6–23 ,E6–28, P5–29A
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ASHFORD ACC 205 Week 3 DQ 1 Ethical Issue 5–1
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Under Dobbs’ FOB policy, when should the company record a sale?
Do you approve or disapprove of Dobbs’ manner of deciding when to ship goods to customers and record the sales revenue? If you approve, give your reason. If you disapprove, identify a better way to decide when to ship goods.
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ASHFORD ACC 205 Week 3 DQ 2 FIFO and LIFO
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Describe the inventory valuation methods FIFO and LIFO. Which items are included in ending inventory under each method? Respond to at least two of your classmates’ postings.
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ASHFORD ACC 205 Week 4 Assignment P7–31A, P8–32A, P8–26A, P8–27A, P7–27A
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ACC 205 Week 4 Assignment P7–31A, P8–32A, P8–26A, P8–27A, P7–27A
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ASHFORD ACC 205 Week 4 DQ 1 Fraud Case 7–1
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What was the key control weakness in this case?
Many small businesses cannot afford to hire enough people for adequate separation of duties. What can they do to compensate for this?
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ASHFORD ACC 205 Week 4 DQ 2 Bad Debts
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Discuss the allowance method and the direct write-off method of accounting for bad debts. When is the expense for uncollected accounts receivable recognized under each method? Respond to at least two of your classmates’ postings.
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ASHFORD ACC 205 Week 5 Assignment Final Paper
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Submit a paper on one of the major topics listed below using course topics previously referenced as the basis for the paper and incorporating at least two other related articles of the student’s choice:
How have modern accounting systems made a difference in modern organizations?
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ASHFORD ACC 205 Week 5 Assignment P10–18A ,E9–24, E9–21, P9–28A, P10–15A
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ACC 205 Week 5 Assignment P10–18A ,E9–24, E9–21, P9–28A, P10–15A
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ASHFORD ACC 205 Week 5 DQ 1 Fraud Case 9–1
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When a business sells a fully depreciated asset for its salvage value, is a gain or loss recognized?
How do businesses determine what salvage values to use for their various assets? Are there “hard and fast” rules for salvage values?
How would an organization prevent the kind of fraud depicted here?
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ASHFORD ACC 205 Week 5 DQ 2 Current Liabilities
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There are two types of current liabilities that must be estimated. Describe them and explain why they must be estimated. How are the financial statements affected if they are not estimated? Respond to at least two of your classmates’ postings.
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