ACC 305 ASH Courses / ashtutorial

ACC 305 ASH Courses / ashtutorial

ACC 305 Entire Course

For more course tutorials visit
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ACC 305 Week 1 Assignments E 3-18, E 3-20, J Case 3-5
ACC 305 Week 1 DQ 1 FASB and Ethics
ACC 305 Week 1 DQ 2 Cash versus Accrual & Financial Disclosures
ACC 305 Week 2 DQ 1 Earnings Management Case 4-3
ACC 305 Week 2 DQ 2 Revenue Recognition Case 5-2
ACC 305 Week 2 Problem E4-16 Bluebonnet Bakers
ACC 305 Week 2 Problem E4-19 Wainwright Corporation
ACC 305 Week 2 Problem E4-22 Tiger Enterprises
ACC 305 Week 2 Problem E5-3 Installment sales
ACC 305 Week 2 Problem E5-10 Project Contracts
ACC 305 Week 2 Problem Integrating Case 5-23
ACC 305 Week 2 Problem Judgment Case 4-9
ACC 305 Week 3 Communication Case 6-3
ACC 305 Week 3 Judgment Case 7-5
ACC 305 Week 3 P7-10, P7-14
ACC 305 Week 3 P7-14 El Gato Painting Company
ACC 305 Week 4 Communication Case 8-4
ACC 305 Week 4 Assignment E8-13, E8-14, E8-18, P8-5, E9-19, E9-21, P9-1.
ACC 305 Week 4 Ethics Case 9-11
ACC 305 Week 5 Ethics Case 10-12
ACC 305 Week 5 P11-5, P11-7
ACC 305 Week 5 Problem E11-5, E11-10



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ACC 305 Week 1 DQ 2 Cash versus Accrual & Financial Disclosures

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Judgment Case 2-1 (page 109)
You have recently been hired by Davis & Company, a small public accounting firm. One of the firm’s partners, Alice Davis, has asked you to deal with a disgruntled client, Mr. Sean Pitt, owner of the city’s largest hardware store. Mr. Pitt is applying to a local bank for a substantial loan to remodel his store. The bank requires accrual based financial statements but Mr. Pitt has always kept the company’s records on a cash basis. He does not see the purpose of accrual based statements. His most recent outburst went something like this: “After all, I collect cash from customers, pay my bills in...

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