Acct 525 - Study guides, Class notes & Summaries

Chapter 03 1. Which of the following is/are not true about a proper journal entry? a. An explanation is needed immediately after each debit and immediately after each credit. b. All credits are indented. c. A debit is never indented, even if a liability or owner's equity account is involved. d. All debits are listed before the first credit. e. In a compound entry, the largest amounts are listed first. ANSWER: POINTS: DIFFICULTY: LEARNING OBJECTIVES: NATIONAL STANDARDS: STATE STANDARD...

ACCT 525 QUIZ 1 WITH QUESTIONS 1-10 WELL SET Question: (TCO A) (CPA-06619) A company is required to file quarterly financial statements with the United States Securities and Exchange Commission on Form 10-Q. The company operates in an industry that is not subject to seasonal fluctuations that could have a significant impact on its financial condition. In addition to the most recent quarter end, ………. to present balance sheets on Form 10-Q? Question: (TCO A) (CPA-00125) Taft Corp. discl...

ACCT 525 Week 7 Homework Assignment ASSURED GRADE A SCORE WITH CORRECT RESEARCH ANSWERS Read CPA Horizons 2025 found in the DeVry online library. In the document, 10 themes emerged that give insight into how the profession is conducting and will conduct business, serve clients and employers, attract and retain employees and new business and remain competitive in the marketplace throughout the next 15 years. In 3-4 pages (12-pt type, double-spaced) summarize the four themes that you believe ar...

ACCT-525 Week 1 Discussion Questions Read the article “Ethics Evolution in the Era of Sarbanes-Oxley.” This article is part of the readings for the week and can be found through the DeVry online library. The last sentence of the article says “Maintaining a culture that emphasizes ethics and compliance is challenging.” Do you agree or disagree with this statement? Choose one of the 11 titles in the Sarbanes-Oxley Act of 2002 and describe it. Do you believe this section is an effective d...

Four Important Themes In Accounting Profession Pre-certification and lifelong Learning: Pride in the profession: Value Proposition: World-wide Profession: ACCT 525 Week 7 Homework Assignment

Question: (TCO A) (CPA-06619) A company is required to file quarterly financial statements with the United States Securities and Exchange Commission on Form 10-Q. The company operates in an industry that is not subject to seasonal fluctuations that could have a significant impact on its financial condition. In addition to the most recent quarter end, ………. to present balance sheets on Form 10-Q? Question: (TCO A) (CPA-00125) Taft Corp. discloses supplemental industry segment information. T...

Question: (TCO A) (CPA-06619) A company is required to file quarterly financial statements with the United States Securities and Exchange Commission on Form 10-Q. The company operates in an industry t hat is not subject to seasonal fluctuations that could have a significant impact on its financial condition. In addition to the most recent quarter end, ………. to present balance sheets on Form 10-Q? Question: (TCO A) (CPA-00125) Taft Corp. discloses supplemental industry segment information. T...

(Course Project Title: Analysis of regulation fairness & admin. costs for the IRS Innocent Spouse Relief)ACCT 525 Week 7 Course Project

Exam (elaborations) Acct 525 Fall 2017 Exam 1 (ACCT525) Acct 525 Fall 2017 Exam 1 Submitted 1. A partial listing of costs incurred at Archut Corporation during September appears below: Direct materials $ 113,0 00 Utilities, factory $ 5,000 Administrative salaries $ 81,00 0 Indirect labor $ 25,00 0 Sales commissions $ 48,00 0 Depreciation of production equipment $ 20,00 0 Depreciation of administrative equipment $ 30,00 0 Direct labor $ 129,0 00 Advertising $ 135,0 00 The t...

Exam (elaborations) Acct 525 Fall 2017 Exam 1 (Acct525) 1. A partial listing of costs incurred at Archut Corporation during September appears below: Direct materials $ 113,0 00 Utilities, factory $ 5,000 Administrative salaries $ 81,00 0 Indirect labor $ 25,00 0 Sales commissions $ 48,00 0 Depreciation of production equipment $ 20,00 0 Depreciation of administrative equipment $ 30,00 0 Direct labor $ 129,0 00 Advertising $ 135,0 00 The total of the period costs listed abov...