28.09.2018 Views

ACC 502 Introduction to the Accounting Cycle GCU

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>ACC</strong> <strong>502</strong> <strong>Introduction</strong> <strong>to</strong> <strong>the</strong> <strong>Accounting</strong> <strong>Cycle</strong> <strong>GCU</strong><br />

Just Click on Below Link To Download This Course:<br />

https://www.coursetu<strong>to</strong>r.us/product/acc-<strong>502</strong>-introduction-<strong>to</strong>-<strong>the</strong>-accounting-cycle-gcu/<br />

Or<br />

Email us on<br />

help@coursetu<strong>to</strong>r.us<br />

<strong>ACC</strong> <strong>502</strong> <strong>Introduction</strong> <strong>to</strong> <strong>the</strong> <strong>Accounting</strong> <strong>Cycle</strong> <strong>GCU</strong><br />

<strong>ACC</strong> <strong>502</strong> Full Course Discussions <strong>GCU</strong><br />

<strong>ACC</strong> <strong>502</strong> Week 1 Discussion 1<br />

If you were <strong>to</strong> open a business, what form of business organization would you use, and why?<br />

<strong>ACC</strong> <strong>502</strong> Week 1 Discussion 2<br />

Review <strong>the</strong> available materials for <strong>the</strong> chapters covered this week, including <strong>the</strong> lecture, reading,<br />

publisher materials, demonstration problems and exercises at <strong>the</strong> end of <strong>the</strong> chapters. After<br />

reviewing <strong>the</strong>se materials and attempting <strong>the</strong> assignment for <strong>the</strong> week, what challenges did you<br />

face? Do you have any questions on <strong>the</strong> material? Participate in follow up discussion by helping<br />

your classmates and sharing your tips for understanding materials, when possible.<br />

<strong>ACC</strong> <strong>502</strong> Week 2 Discussion 1<br />

The term “adjusting entries” refers <strong>to</strong> a very important step in <strong>the</strong> accounting cycle. Explain when,<br />

why, and how <strong>the</strong> adjusting process is used. Provide an example <strong>to</strong> clarify your statements.<br />

<strong>ACC</strong> <strong>502</strong> Week 2 Discussion 2<br />

Review <strong>the</strong> available materials for <strong>the</strong> chapters covered this week, including <strong>the</strong> lecture, reading,<br />

publisher materials, demonstration problems and exercises at <strong>the</strong> end of <strong>the</strong> chapters. After<br />

reviewing <strong>the</strong>se materials and attempting <strong>the</strong> assignment for <strong>the</strong> week, what challenges did you<br />

face? Do you have any questions on <strong>the</strong> material? Participate in follow up discussion by helping<br />

your classmates and sharing your tips for understanding materials, when possible.<br />

<strong>ACC</strong> <strong>502</strong> Week 3 Discussion 1<br />

The choice of inven<strong>to</strong>ry method is critical <strong>to</strong> <strong>the</strong> merchandising operation. Identify a well-known<br />

company, and state what inven<strong>to</strong>ry method you think would be best for that company, and why.


<strong>ACC</strong> <strong>502</strong> Week 3 Discussion 2<br />

Review <strong>the</strong> available materials for <strong>the</strong> chapters covered this week, including <strong>the</strong> lecture, reading,<br />

publisher materials, demonstration problems and exercises at <strong>the</strong> end of <strong>the</strong> chapters. After<br />

reviewing <strong>the</strong>se materials and attempting <strong>the</strong> assignment for <strong>the</strong> week, what challenges did you<br />

face? Do you have any questions on <strong>the</strong> material? Participate in follow up discussion by helping<br />

your classmates and sharing your tips for understanding materials, when possible.<br />

<strong>ACC</strong> <strong>502</strong> Week 4 Discussion 1<br />

Consider your workplace (current or former) and identify any internal control procedures that you<br />

have seen implemented. Were <strong>the</strong>y effective? Why, or why not? (If you do not have current or prior<br />

work experience, identify a place that you have observed internal controls in place, such as a s<strong>to</strong>re<br />

where you shop.<br />

<strong>ACC</strong> <strong>502</strong> Week 4 Discussion 2<br />

Review <strong>the</strong> available materials for <strong>the</strong> chapters covered this week, including <strong>the</strong> lecture, reading,<br />

publisher materials, demonstration problems and exercises at <strong>the</strong> end of <strong>the</strong> chapters. After<br />

reviewing <strong>the</strong>se materials and attempting <strong>the</strong> assignment for <strong>the</strong> week, what challenges did you<br />

face? Do you have any questions on <strong>the</strong> material? Participate in follow up discussion by helping<br />

your classmates and sharing your tips for understanding materials, when possible.<br />

<strong>ACC</strong> <strong>502</strong> Week 5 Discussion 1<br />

The cost of maintaining assets can be a challenge. How do you determine when and why <strong>to</strong><br />

dispose of plant assets? What are <strong>the</strong> options for accounting for <strong>the</strong>se dispositions? Provide<br />

examples <strong>to</strong> illustrate your response. You may not give examples mentioned in <strong>the</strong> text. Participate<br />

in follow-up discussion by adding <strong>to</strong> your classmates’ comments.<br />

<strong>ACC</strong> <strong>502</strong> Week 5 Discussion 2<br />

Review <strong>the</strong> available materials for <strong>the</strong> chapters covered this week, including <strong>the</strong> lecture, reading,<br />

publisher materials, demonstration problems and exercises at <strong>the</strong> end of <strong>the</strong> chapters. After<br />

reviewing <strong>the</strong>se materials and attempting <strong>the</strong> assignment for <strong>the</strong> week, what challenges did you<br />

face? Do you have any questions on <strong>the</strong> material? Participate in follow up discussion by helping<br />

your classmates and sharing your tips for understanding materials, when possible.<br />

<strong>ACC</strong> <strong>502</strong> Week 6 Discussion 1<br />

Find <strong>the</strong> financial statements of a publicly traded company and review its liability section of <strong>the</strong><br />

balance sheet. What liabilities are included? What is <strong>the</strong> mix of current and long-term liabilities?


What is <strong>the</strong> company’s current ratio and debt ratio, and what do <strong>the</strong>se ratios tell us about <strong>the</strong><br />

company?<br />

<strong>ACC</strong> <strong>502</strong> Week 6 Discussion 2<br />

Review <strong>the</strong> available materials for <strong>the</strong> chapters covered this week, including <strong>the</strong> lecture, reading,<br />

publisher materials, demonstration problems and exercises at <strong>the</strong> end of <strong>the</strong> chapters. After<br />

reviewing <strong>the</strong>se materials and attempting <strong>the</strong> assignment for <strong>the</strong> week, what challenges did you<br />

face? Do you have any questions on <strong>the</strong> material? Participate in follow up discussion by helping<br />

your classmates and sharing your tips for understanding materials, when possible.<br />

<strong>ACC</strong> <strong>502</strong> Week 7 Discussion 1<br />

Find <strong>the</strong> financial statements of a publicly traded company and review its s<strong>to</strong>ckholders’ equity<br />

section of <strong>the</strong> balance sheet. Does <strong>the</strong> company have common s<strong>to</strong>ck? Preferred s<strong>to</strong>ck? Treasury<br />

s<strong>to</strong>ck? Do you see anything unusual in this section of <strong>the</strong> balance sheet?<br />

<strong>ACC</strong> <strong>502</strong> Week 7 Discussion 2<br />

Review <strong>the</strong> available materials for <strong>the</strong> chapters covered this week, including <strong>the</strong> lecture, reading,<br />

publisher materials, demonstration problems and exercises at <strong>the</strong> end of <strong>the</strong> chapters. After<br />

reviewing <strong>the</strong>se materials and attempting <strong>the</strong> assignment for <strong>the</strong> week, what challenges did you<br />

face? Do you have any questions on <strong>the</strong> material? Participate in follow up discussion by helping<br />

your classmates and sharing your tips for understanding materials, when possible.<br />

<strong>ACC</strong> <strong>502</strong> Week 8 Discussion 1<br />

Find <strong>the</strong> financial statements of a publicly traded company and review its statement of cash flows.<br />

Of <strong>the</strong> company’s cash flows from operating activities, investing activities, and financing activities,<br />

which ones are net cash inflows and which are net cash outflows? What does this indicate about<br />

<strong>the</strong> company? Do you see anything unusual in this statement?<br />

<strong>ACC</strong> <strong>502</strong> Week 8 Discussion 2<br />

Review <strong>the</strong> available materials for <strong>the</strong> chapters covered this week, including <strong>the</strong> lecture, reading,<br />

publisher materials, demonstration problems and exercises at <strong>the</strong> end of <strong>the</strong> chapters. After<br />

reviewing <strong>the</strong>se materials and attempting <strong>the</strong> assignment for <strong>the</strong> week, what challenges did you<br />

face? Do you have any questions on <strong>the</strong> material? Participate in follow up discussion by helping<br />

your classmates and sharing your tips for understanding materials, when possible.


<strong>ACC</strong> <strong>502</strong> Full Course Assignments <strong>GCU</strong><br />

<strong>ACC</strong> <strong>502</strong> Week 1 Assignment <strong>GCU</strong><br />

Details:<br />

Complete <strong>the</strong> following exercises and problems in Excel:<br />

<br />

<br />

<br />

P1-41A<br />

P1-42A<br />

P2-29A<br />

Save <strong>the</strong> file using <strong>the</strong> filename “LastnameFirstinitial.<strong>ACC</strong><strong>502</strong>.M#” where <strong>the</strong> # is <strong>the</strong> module<br />

number. For example, John Doe’s homework for module 1 would be saved as DoeJ.<strong>ACC</strong><strong>502</strong>.M1.<br />

<strong>ACC</strong> <strong>502</strong> Week 2 Assignment <strong>GCU</strong><br />

Details:<br />

Complete <strong>the</strong> following exercises and problems in Excel:<br />

<br />

<br />

P3-35A<br />

P4-27A<br />

Save <strong>the</strong> file using <strong>the</strong> filename “LastnameFirstinitial.<strong>ACC</strong><strong>502</strong>.M#” where <strong>the</strong> # is <strong>the</strong> module<br />

number. For example, John Doe’s homework for module 1 would be saved as DoeJ.<strong>ACC</strong><strong>502</strong>.M1.<br />

<strong>ACC</strong> <strong>502</strong> Week 3 Assignment <strong>GCU</strong><br />

Details:<br />

Complete <strong>the</strong> following exercises and problems in Excel:<br />

<br />

<br />

<br />

P5-31A<br />

P5-35A<br />

P6-32A<br />

Save <strong>the</strong> file using <strong>the</strong> filename “LastnameFirstinitial.<strong>ACC</strong><strong>502</strong>.M#” where <strong>the</strong> # is <strong>the</strong> module<br />

number. For example, John Doe’s homework for module 1 would be saved as DoeJ.<strong>ACC</strong><strong>502</strong>.M1.<br />

<strong>ACC</strong> <strong>502</strong> Week 4 Assignment <strong>GCU</strong><br />

Details:<br />

Complete <strong>the</strong> following exercises and problems in Excel:<br />

P8-22A<br />

P8-25A<br />

P9-28A<br />

P9-31A<br />

Save <strong>the</strong> file using <strong>the</strong> filename “LastnameFirstinitial.<strong>ACC</strong><strong>502</strong>.M#” where <strong>the</strong> # is <strong>the</strong> module<br />

number. For example, John Doe’s homework for module 1 would be saved as DoeJ.<strong>ACC</strong><strong>502</strong>.M1.


<strong>ACC</strong> <strong>502</strong> Week 5 Assignment <strong>GCU</strong><br />

Details:<br />

Complete <strong>the</strong> following exercises and problems in Excel:<br />

<br />

<br />

<br />

P10-32A<br />

P10-33A<br />

P10-34A<br />

Save <strong>the</strong> file using <strong>the</strong> filename “LastnameFirstinitial.<strong>ACC</strong><strong>502</strong>.M#” where <strong>the</strong> # is <strong>the</strong> module<br />

number. For example, John Doe’s homework for module 1 would be saved as DoeJ.<strong>ACC</strong><strong>502</strong>.M1.<br />

<strong>ACC</strong> <strong>502</strong> Week 6 Assignment <strong>GCU</strong><br />

Details:<br />

Complete <strong>the</strong> following exercises and problems in Excel:<br />

<br />

<br />

<br />

<br />

P11-26A<br />

P11-27A<br />

P14-30A<br />

P14-31A<br />

Save <strong>the</strong> file using <strong>the</strong> filename “LastnameFirstinitial.<strong>ACC</strong><strong>502</strong>.M#” where <strong>the</strong> # is <strong>the</strong> module<br />

number. For example, John Doe’s homework for module 1 would be saved as DoeJ.<strong>ACC</strong><strong>502</strong>.M1.<br />

<strong>ACC</strong> <strong>502</strong> Week 7 Assignment <strong>GCU</strong><br />

Details:<br />

Complete <strong>the</strong> following exercises and problems in Excel:<br />

<br />

<br />

<br />

<br />

P12-26A<br />

P12-31A<br />

P13-37A<br />

P13-38A<br />

Save <strong>the</strong> file using <strong>the</strong> filename “LastnameFirstinitial.<strong>ACC</strong><strong>502</strong>.M#” where <strong>the</strong> # is <strong>the</strong> module<br />

number. For example, John Doe’s homework for module 1 would be saved as DoeJ.<strong>ACC</strong><strong>502</strong>.M1.<br />

<strong>ACC</strong> <strong>502</strong> Week 8 Assignment <strong>GCU</strong><br />

Details:<br />

Complete <strong>the</strong> following exercises and problems in Excel:<br />

P16-34A<br />

P16A-37A<br />

Save <strong>the</strong> file using <strong>the</strong> filename “LastnameFirstinitial.<strong>ACC</strong><strong>502</strong>.M#” where <strong>the</strong> # is <strong>the</strong> module<br />

number. For example, John Doe’s homework for module 1 would be saved as DoeJ.<strong>ACC</strong><strong>502</strong>.M1.


Download Now

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!