ACC 201 Complete Class

Question 1

ACC 201 Complete Class

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ACC 201 Week 1 Chapter 1 and 2 Practice Exercises

ACC 201 Week 1 Memo to Blair

ACC 201 Week 2 DQ1 Fraud

ACC 201 Week 2 DQ2 Debit Credit

ACC 201 Week 2 Chapter 3 Problems

Answer 1

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Question 2

ACC 201 Week 1 Chapter 1 and 2 Practice Exercises

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Complete the following practice exercises from Chapter 1 and 2 and submit them to your instructor. This assignment will be graded as a completion only to allow you to transition into the subject matter during the first week. The instructor will post the answers to these exercises by the end of Day 6 for you to check your accuracy and comprehension on the subject matter. Exercises: 1-2, 1-4, 1-9, 1-12, 1-18, 2-1, 2-3, 2-19, 2-22, 2-25.

Answer 2

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Question 3

ACC 201 Week 1 Memo to Blair

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Complete the writing assignment, ATC 1-4 from Chapter 1 and submit to your instructor.

Answer 3

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Question 4

ACC 201 Week 2 Assignment FASB Paper

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Go to the website of the Financial Accounting Standards Board, www.fasb.org. Write a paper, in at least 400 words, that describes the mission of FASB, how it is organized, how it functions, and who grants the authority of FASB to issue accounting standards. Also, research the most recent accounting issues that FASB is taking into consideration.

Answer 4

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Question 5

ACC 201 Week 2 Chapter 3 Problems

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Complete the following problems from Chapter 3 and submit to your instructor. These problems will be graded for accuracy. Problems: 3-22, 3-25

Answer 5

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Question 6

ACC 201 Week 2 Chapter 4 Problems

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Complete the following problems from Chapter 4 and submit to your instructor. These problems will be graded for accuracy. Problems: 4-20, 4-21

Answer 6

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Question 7

ACC 201 Week 2 DQ 1 Fraud

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Discuss in general the ethical issues when employees are tempted to defraud their employer or when companies defraud the public. What sort of situations can lead to this behavior? What are the costs of fraudulent behavior?

What kind of controls can help prevent ethical problems? Cite an example of unethical behavior (not necessarily limited to fraud) that you are aware of from personal experience or have read about that is related to business. After you have posted your original thread be sure to respond to at least two other students’ original threads.

Answer 7

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Question 8

ACC 201 Week 2 DQ 2 Debit Credit

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Read and answer Chapter 4, Question 21 on the effects of debit and credit memo’s on the Cash account. Explain in 200 words.

Answer 8

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Question 9

ACC 201 Week 3 Assignment GAAP & Ethics

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Read ATC 6-5 of Chapter 6 and answer part a. Additionally, given what you have learned about financial accounting so far, think of as many ways that you could “adjust” the financial records to make your company look better yet still follow GAAP and ethical guidelines. (Hint: think of the choices that can be used in the various accounting methods you have learned: i.e., inventory valuation methods.)

Answer 9

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Question 10

ACC 201 Week 3 Chapter 5 Problems

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Complete the following problems from Chapter 5 and submit to your instructor. These problems will be graded for accuracy. Problems: 5-24, 5-26

Answer 10

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Question 11

ACC 201 Week 3 Chapter 6 Problems

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Complete the following problems from Chapter 6 and submit to your instructor. These problems will be graded for accuracy. Problems: 6-27, 6-28, 6-32

Answer 11

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Question 12

ACC 201 Week 4 Chapter 7 Problems

Complete the following problems from Chapter 7 and submit to your instructor. These problems will be graded for accuracy. Problems: 7-26, 7-27, 7-28

Answer 12

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Question 13

ACC 201 Week 4 Chapters 8 Problems

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Complete the following problems from Chapter 8 and submit to your instructor. These problems will be graded for accuracy. Problems: 8-18, 8-23

Answer 13

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Question 14

ACC 201 Week 4 DQ 1 Enron

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Read ATC 7-5 in Chapter 7. This situation is very similar to what a company called Enron did several years ago. Use the internet or the university library to research exactly what Enron did in their accounting procedures and what eventually happened to the company.

Answer 14

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Question 15

ACC 201 Week 4 Memo to Baku and Hanson

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Read ATC 8-4 in Chapter 8 and write a memo describing the advantages and disadvantages of organizational forms. You may research other sources regarding accounting internal controls. The paper should be at least 400 words and should include your personal observations and conclusions.

Answer 15

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Question 16

ACC 201 Week 5 Chapter 9 Problem

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Complete the following problem from Chapter 9 and submit to your instructor. Problem: 9-23. This problem will be graded for accuracy

Answer 16

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Question 17

ACC 201 Week 5 DQ 1 Financial Analysis

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Read ATC 9-3 in Chapter 9 and post your analysis of Whirlpool’s acquisition of Maytag. Respond to at least two other students with critiques and challenges to their assertions by the end of Day 7.

Answer 17

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Question 18

ACC 201 Week 5 Stock Options Paper

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In recent months there have been many news stories in the press about executive compensation with stock options. This type of compensation occurs when an executive is granted the “option” to purchase the company’s stock at a certain price sometime in the future.

Answer 18

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