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Check My Assignment!In this Assignment you will identify the terms of business entities, (i.e., manufacturing, service or merchandising), and the items found on the financial statements (i.e., revenue, expenses, assets, liabilities) and identify the activities found on the statement of cash flow.
Your Assignment consists of the following:
Exercises 1-1, 1-6, 1-12, and 1-18
Templates are requiredto use for the Assignments. Download the template from the spreadsheet icon below. To assist you in making sure that you are on the right track with your Assignment,view the solutions to self-check your work. If you have questions, please contact your instructor.
Upload your Excel file to the Assignment Dropbox by the end of the unit.
Note:In order to ensure full functionality for these Assignment templates, it is recommended that you download/save each Excel template to your computer in the .xlsx format.
Unit 2 Assignment:
This week’s Assignment will provide you with information on how transactions affect the accounting equation. In addition, the Assignment will help to understand how to prepare an income statement, retained earnings statement, and a balance sheet.
Your Assignment consists of the following:
Exercises 2-7, 2-17, 2-18 and 2-19
Templates are requiredto use for the Assignments. Download the template from the spreadsheet icon below. To assist you in making sure that you are on the right track with your Assignment,view the solutions to self-check your work. If you have questions, please contact your instructor.
Upload your Excel file to the Assignment Dropbox by the end of the unit.
Note:In order to ensure full functionality for these homework templates, it is recommended that you download/save each Excel template to your computer in the .xlsx format.
Unit 3 Assignment:
This week’s Assignment will introduce you to accruals and deferral along with how to make adjustments for accrued expenses, adjustments for depreciation, and how to prepare a classified balance sheet.
Your Assignment consists of the following:
Exercises 3-6, 3-13, 3-23 and 3-26
Templates are required to use for the Assignments. Download the template from the spreadsheet icon below. To assist you in making sure that you are on the right track with your Assignment,view the solutions to self-check your work. If you have questions, please contact your instructor.
Upload your Excel file to the Assignment Dropbox by the end of the unit.
Note: In order to ensure full functionality for these homework templates, it is recommended that you download/save each Excel template to your computer in the .xlsx format.
Unit 4 Assignment:
This week’s Assignment will introduce you to accruals and deferral along with how to make adjustments for accrued expenses, adjustments for depreciation, and how to prepare a classified balance sheet.
Your Assignment consists of the following:
Exercises 3-7, 3-8, and 3-20
Templates are required to use for the Assignments. Download the template from the spreadsheet icon below. To assist you in making sure that you are on the right track with your Assignment,view the solutions to self-check your work. If you have questions, please contact your instructor.
Upload your Excel file to the Assignment Dropbox by the end of the unit.
Note: In order to ensure full functionality for these homework templates, it is recommended that you download/save each Excel template to your computer in the .xlsx format.
Unit 5 Assignment:
This week’s Assignment will introduce gross profit for a merchandising business, review the income statement and understand how to determine net sales, gross profit, and expenses.
Your Assignment consists of the following:
Exercises 4-1, 4-6 and 4-7
Templates are required to use for the Assignments. Download the template from the spreadsheet icon below. To assist you in making sure that you are on the right track with your Assignment,view the solutions to self-check your work. If you have questions, please contact your instructor.
Upload your Excel file to the Assignment Dropbox by the end of the unit.
Note: In order to ensure full functionality for these homework templates, it is recommended that you download/save each Excel template to your computer in the .xlsx format.
Unit 6 Assignment:
This week you have TWO Assignments. You need to complete the PowerPoint Assignment below, as well as your Homework Assignment from the textbook.
Assignment 1
This week’s Assignment will introduce how to record sales from a service provided or sales of a product. Additionally, it will help you to prepare a bank reconciliation.
Your Assignment consists of the following:
Exercises 5-13 and 5-18
Templates are required to use for the Assignments. Download the template from the spreadsheet icon below. To assist you in making sure that you are on the right track with your Assignment,view the solutions to self-check your work. If you have questions, please contact your instructor.
Upload your Excel file to the Assignment Dropbox by the end of the unit.
Note: In order to ensure full functionality for these homework templates, it is recommended that you download/save each Excel template to your computer in the .xlsx format.
Assignment 2
Using Wikipedia (www.wikipedia.org.), look up the entry for the Sarbanes-Oxley Act. Look over the table of contents and find the section that describes Section 404. What does Section 404 require of management’s internal control report?
Look at Exercise 5-1 in your textbook, complete the research indicated in the Exercise using www.wikipedia.org
You will need to create a PowerPoint presentation that includes 10 slides.
Include in the Presentation:
Title Slide
Introduction
Basic Background of Sarbanes Oxley Act
Timeline of Sarbanes Oxley Act
Section 404
Description of Section 404
Section 404 requirements of management’s internal control
Reference Slide
Add presentation design, clip art, animation, and transition as applicable .
Your presentation should contain a title slide, a properly formatted APA style references page, must contain speaker’s notes at the bottom of each slide, and addresses the bulleted items above. You want to use appropriate written spelling and grammar. Be sure to review the Writing Centers literature on APA writing style.
Submit your PowerPoint presentation to the Unit 6 Assignment 2 Dropbox.
Unit 7 Assignment:
This week’s Assignment will introduce you to how to determine due dates and interest amounts on notes, calculate and estimate doubtful accounts, and review lower of cost or marketing analysis for inventory.
Your Assignment consists of the following:
Exercises 6-2, 6-7 and 6-18
Templates are required to use for the Assignments. Download the template from the spreadsheet icon below. To assist you in making sure that you are on the right track with your Assignment,view the solutions to self-check your work. If you have questions, please contact your instructor.
Upload your Excel file to the Assignment Dropbox by the end of the unit.
Note: In order to ensure full functionality for these homework templates, it is recommended that you download/save each Excel template to your computer in the .xlsx format.
Unit 8 Assignment:
There are TWO Assignments due this unit.
Assignment 1: Exercises Assignment: complete the following Exercises: 7-3, 7-4, and 7-8.
Download the required Template to complete the Exercises. View the grading rubric as well as the solutions to self-check your work.
Assignment 2: Writing Assignment: view instructions and grading rubric.
Upload your two files, the Excel file plus your writing Assignment to the corresponding Dropboxes by the end of the unit.
Writing Assignment
Read the scenario below and answer questions 1–3 in a Microsoft Word document. For question 1, give your answer and show your work. For Questions 2 and 3 answer each question in a paragraph of at least 100 words. Use APA format and cite any sources.
Sanders Construction Co. specializes in building replicas of historic houses. Brett Sanders, president of Sanders Construction, is considering the purchase of various items of equipment on July 1, 2014 for $300,000. The equipment would have a useful life of 5 years and no residual value. Brett is considering depreciating the equipment by the straight-line method or the double declining balance method.
Answer the following questions:
Calculate the depreciation for the first year using the straight-line method and the Double declining balance method, show your work.
In a short paragraph, explain the straight-line depreciation method and the Double declining balance method.
In your opinion, which method would be better for the company to use, why? Explain your answer.
In this Assignment on calculating depreciation using different methods, you will engage in developing the following professional competency:
Make sure your document includes:
Your Name
Date
Course Name and Section Number
Unit Number
Assignment Name
Page Numbers
Directions for Submitting your Assignment
Compose your Assignment in a Microsoft Word document and save it as Username AC113 Writing Assignment (Example: Jsmith AC113 Unit 8 Writing Assignment.doc). Submit your file by selecting the appropriate Unit 8: Writing Assignment Dropbox by the end of Unit 8.
Unit 9 Assignment:
This week’s Assignment will introduce you to notes payable, interest, warranty liabilities, and payroll tax liabilities.
Your Assignment consists of the following:
Exercises 8-2, 8-5 and 8-11
Templates are required to use for the Assignments. Download the template from the spreadsheet icon below. To assist you in making sure that you are on the right track with your Assignment,view the solutions to self-check your work. If you have questions, please contact your instructor.
Upload your Excel file to the Assignment Dropbox by the end of the unit.
Note: In order to ensure full functionality for these homework templates, it is recommended that you download/save each Excel template to your computer in the .xlsx format.
Unit 10 Final Assignment:
The Unit 10 Assignment will introduce you to understand transactions for issuing stocks and cash dividends.
Your Assignment consists of the following:
Exercises 8-17 and 8-22
Templates are required to use for the Assignments. Download the template from the spreadsheet icon below. To assist you in making sure that you are on the right track with your Assignment,view the solutions to self-check your work. If you have questions, please contact your instructor.
Upload your Excel file to the Assignment Dropbox by the end of the unit.
Note: In order to ensure full functionality for these homework templates, it is recommended that you download/save each Excel template to your computer in the .xlsx format
