Acct 220 - Study guides, Class notes & Summaries

Exam (elaborations) Liberty University ACCT 370 Exam 2 Complete solution Liberty University ACCT 370 Exam 2 Complete solution 100% satisfied: solutions 1. The Common Stock account is reported on the balance sheet at the: 2. The time that the performance obligation is satisfied for revenue recognition is usually: 3. When reporting a change in an accounting principle, the general rule requires that the current year’s income from continuing operations reflect: 4. Using the same account...

Exam (elaborations) Liberty University ACCT 370 Exam 4 Complete solution Liberty University ACCT 370 Exam 4 Complete solution 100% satisfied: solutions 1. Condensed financial data are presented below for the Phoenix Corporation: 2. 3. 2019 4. 5. 2018 6. Accounts receivabl e 8. 267,500 9. 10.11.$ 12.230,00 0 13. 14.Inventory 15. 16.312,500 17. 18.19. 20.257,50 0 21. 22.Total current assets 23. 24.670,000 25. 26.27. 28.565,00 0 29. 30.Intangibl e assets 31. 32.50,000 3...

Liberty University ACCT 370 Exam 4 Complete solution Liberty University ACCT 370 Exam 4 Complete solution 100% satisfied: solutions 1. Condensed financial data are presented below for the Phoenix Corporation: 2. 3. 2019 4. 5. 2018 6. Accounts receivabl e 8. 267,500 9. 10.11.$ 12.230,00 0 13. 14.Inventory 15. 16.312,500 17. 18.19. 20.257,50 0 21. 22.Total current assets 23. 24.670,000 25. 26.27. 28.565,00 0 29. 30.Intangibl e assets 31. 32.50,000 33. 34.35. 36.60,0003...

Liberty University ACCT 370 Exam 2 Complete solution Liberty University ACCT 370 Exam 2 Complete solution 100% satisfied: solutions 1. The Common Stock account is reported on the balance sheet at the: 2. The time that the performance obligation is satisfied for revenue recognition is usually: 3. When reporting a change in an accounting principle, the general rule requires that the current year’s income from continuing operations reflect: 4. Using the same accounting methods to recor...

Weeks 1-5 of ACCT 220

Weeks 1-5 of ACCT 220

ACCT 505 FINAL EXAM GUIDE (NEW) SET 3 (TCO E) Preparing purchase orders is a(n) (Points : 5) batch-level activity. product-level activity. unit-level activity. organization sustaining activity. 2. (TCO G) Given the following data, what would ROI be? Sales $70,000 Net operating income $10,000 Contribution margin $20,000 Average operating assets $50,000 Stockholder's equity $25,000 (Points : 5) 28.6% 20.0% 40.0% 50.0% 3. (TCO C) Heckaman Corporation produces an...

ACCT 505 FINAL EXAM. Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10) batch-level activity. product-level activity. unit-level activity. organization sustaining activity. Question 2.2. (TCO G) Given the following data, what would ROI be? Sales $70,000 Net operating income $10,000 Contribution margin $20,000 Average operating assets $50,000 Stockholder's equity $25,000 (Points : 10) 28.6% 20.0% 40.0% 50.0% Page 2 Question 1.1. (TCO C) Aziz ...

Exam (elaborations) Acct 525 Fall 2017 Exam 1 (Acct525) 1. A partial listing of costs incurred at Archut Corporation during September appears below: Direct materials $ 113,0 00 Utilities, factory $ 5,000 Administrative salaries $ 81,00 0 Indirect labor $ 25,00 0 Sales commissions $ 48,00 0 Depreciation of production equipment $ 20,00 0 Depreciation of administrative equipment $ 30,00 0 Direct labor $ 129,0 00 Advertising $ 135,0 00 The total of the period costs listed abov...

Exam (elaborations) Acct 525 Fall 2017 Exam 1 (ACCT525) Acct 525 Fall 2017 Exam 1 Submitted 1. A partial listing of costs incurred at Archut Corporation during September appears below: Direct materials $ 113,0 00 Utilities, factory $ 5,000 Administrative salaries $ 81,00 0 Indirect labor $ 25,00 0 Sales commissions $ 48,00 0 Depreciation of production equipment $ 20,00 0 Depreciation of administrative equipment $ 30,00 0 Direct labor $ 129,0 00 Advertising $ 135,0 00 The t...