DU ACCT510 Complete course (discussions+assignment) latest
DU ACCT510 Complete course (discussions+assignment) latest https://hwguiders.com/downloads/du-acct510-complete-course-discussionsassignment-latest/ DU ACCT510 Complete course (discussions+assignment) latest Week 1 Discussion To receive full credit for Week One of the discussion board, you must post the following: • At leastone answer for each chapter assigned (Chapters 1-3) • At least two replies to the posts of other students For full credit you must complete a total of five significant posts Keep in mind that five posts is the minimum required, but more involvement on your part will increase the benefit you will receive from this class Chapter 1Introduction to Accounting and Business Describe the types and forms of businesses, how businesses make money, and business stakeholders Describe the three business activities of financing, investing, and operating Define accounting and describe its role in business Describe and illustrate the basic financial statements and how they interrelate Describe eight accounting concepts underlying financial reporting Chapter 2 Analyzing Transactions Describe the basic elements of a financial accounting information system How do you analyze, record, and summarize transactions for a corporation’s first period of operations? How do you prepare financial statements for a corporation’s first period of operations? How do you analyze, record, and summarize transactions for a corporation’s second period of operations? How do you prepare financial statements for a corporation’s second period of operations? Chapter 3 The Adjusting Process Describe basic accrual accounting concepts, including the matching concept How do you use accrual concepts to analyze, record, and summarize transactions? Describe and illustrate the end-of-period adjustment process How do you prepare financial statements using accrual concepts of accounting, including a classified balance sheet? Describe how the accrual basis of accounting enhances the interpretation of financial statements Week 2, answer any 3 of the following questions Chapter 4 Completing the Accounting Cycle Define and discuss actions to complete the Accounting Cycle Define and discuss why the Accounting Cycle must be completed Define and discuss temporary and why they must be closed What are the characteristics of a Classified Balance sheet? What does the current ratio reveal about a company’s financial condition? Define and discuss the post-closing trial balance and its purpose Chapter 5Accounting Systems Describe Accounting systems, their structure and purpose What are Subsidiary ledgers and special journals and what purpose do they serve? Describe a computerized accounting system- describe advantages/disadvantages? Discuss the features of E-Commerce What is a segment analysis and what purpose does it serve? Answer any 3 of the following items-1 from each chapter Chapter 6 — Accounting for Merchandising Businesses Define and discuss Cost of Goods sold Define and discuss the several inventory control systems Discuss the Operating Cycle for a Merchandiser Discuss the sales of merchandise and the sales discounts, How are Sales Returns and Allowances handled? Define and discuss How do you perform the Adjusting Entries for Merchandiser? Discuss how to prepare adjustments and close accounts for a merchandising company Define and discuss Financial Statements What purpose do these Financial Statements play? What purpose do closing entries provide? Chapter 7 – Inventories What is the purpose of inventory? Define and discuss Goods in Transit, Goods on Consignment, Goods Damaged or Obsolete What methods are used to value inventory? Define and discuss Internal Controls and Taking a Physical Count What is the Perpetual Inventory System, and its structure? Discuss the advantages and disadvantages What is the Last-in, First-out System, how the inventory is valued? Discuss the advantages and disadvantages What is the Weighted Average System and how the inventory is valued? Discuss the advantages and disadvantages What is the Lower of Cost or Market and how the inventory is valued? Discuss the advantages and disadvantages Chapter 8 – Sarbanes-Oxley, Internal Control, and Cash What is the purpose ofSarbanes-Oxley legislation requirements? What are the principles of Internal Controls? What is the purpose of Internal Controls? Define and discuss Internal Controls Why should responsibilities and documentation be established for Internal Controls? Why should separation / segregation of duties be established? Provide examples How do management reviews help establish a strong Internal Controls system? What would limit Internal Controls? Answer any 3 of the following items Chapter 9 Receivables Define and discuss when an Account Receivable should be established Is a receivable an asset or a liability? Provide reasoning What happens when a Receivable is uncollectable? What is a Note Receivable? What types of terms usually exist? How is the interest calculated? What is done to record an Honored Note? Discuss What is done to record a Dishonored Note? Discuss How are Receivables sold / factored? What are the advantages? What are the disadvantages? Discuss Tom Answer any three of the following items One from each chapter Chapter 13– Corporations: Organization, Stock Transaction, and Dividends Discuss the characteristic of corporations and their related organization Define and discuss the item of corporate stock What are the classes of stock? How do these classes differ? What are retained earnings? Define and discuss the items contained in retained earnings Define and discuss earnings per share; price-earnings ratio and dividend yield Define the book value and explain its use in financial / corporate analysis Chapter 15– Investments and Fair Value Accounting Distinguish between debt and equity securities and between short-term and long-term investments- discuss details Describe how to report equity securities with controlling influence Appendix 15A—Explain foreign exchange rates and record transactions listed in a foreign currency Distinguish between debt and equity securities and between short-term and long-term investments Discuss how to compute and analyze the components of return on total assets Chapter 16– Statement of Cash Flows Distinguish between operating, investing, and financing activities, and describe how noncash investing and financing activities are disclosed Discuss the statement of cash flows- what is its purpose? Answer any THREE[3] of the following questions Chapter 17 — Analysis of financial Statements Define and discuss the basics of financial statement analysis What is the purpose of this analysis? What additional useful information may be produced by the analysis activities? Define and discuss the basics of horizontal analysis of financial statement analysis What is the purpose of this type of analysis? Define and discuss the basics of vertical analysis of financial statement analysis What is the purpose of this type of analysis? Define and discuss the basics of ratio analysis of financial statement analysis What is the purpose of this type of analysis? Answer any three of the following items Chapter 19 — Job Order Costing Describe important features of job order production How is the accounting system tailored to capture the expenditures? Explain job cost sheets and how they are used in job order cost accounting Apply job order costing in pricing services Chapter 20 — Process Cost Systems Explain process operations and the way they differ from job order operations Define and discuss how to compute equivalent units and explain their use in process cost accounting Describe and discuss accounting for production activity and preparation of a process cost summary using weighted average Appendix 20A—Describe and discuss accounting for production activity and preparation of a process cost summary using FIFO Compare process cost accounting and job order cost accounting Explain and illustrate a hybrid costing system This is a large homework problem requiring you to record transactions for a merchandising company in special journals (see chapter seven), post to the general ledger and subsidiary ledgers and prepare adjusting entries, financial statements, closing entries and a post-closing trial balance This problem is assigned at course beginning but not due until Week 6 Click on the link directly above to submit your assignment for grading Start early and pace yourself Here are all the files you will need
