ACC 205 (New) Ash Courses/ uophelp

ACC 205 (New) Ash Courses/ uophelp

  • Submitted By: puja2
  • Date Submitted: 03/16/2015 3:41 AM
  • Category: Book Reports
  • Words: 363
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ACC 205 Week 1 DQ 1 Accounting Equation

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As you have learned in this week’s readings the Accounting Equation is + Owners’ Equity. Is the accounting equation true in all instances? Provide sample transactions from your own experiences to demonstrate the validity of the Accounting Equation.

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ACC 205 Week 2 DQ 1 Accounting Cycle

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Financial statements are a product of the accounting cycle. Think about two different companies, one a manufacturing company, the other a retail company. Why would different companies have different accounting cycles? Would you expect the steps of the accounting cycle to be the same for each company? Why or why not?

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ACC 205 Week 3 DQ 2 Depreciation

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There is a variety of depreciation methods used to allocate the cost of an asset to all of the accounting periods benefited by the use of the asset. Your client has just purchased a piece of equipment for $100,000. Explain the concept of depreciation. Which of the following depreciation methods would you recommend: straight-line depreciation, double declining balance method, or an alternative method?

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ACC 205 Week 4 DQ 2 Client Recommendations

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A client comes to you thinking about starting a consulting business. Specifically your client is interested in what type of entity should be created for this new business. Based on your readings or any additional...

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