University of maryland university college version a final examination – acct 221: principles of accounting ii for this exam, omit all general journal entry explanations be sure to include correct dollar signs, underlines & double underlines. Acct 221 principles of accounting ii quiz 1 homework answers the common stock account for alpha corporation on january 1, 2017 was $37,500 on june 1, 2017 alpha issued an additional 4,500 shares of common stock. Acct& 201 principles of accounting i • 5 cr description presents the nature and social setting of accounting, uses of accounting information, and. Principles of accounting i acct 220 | 3 credits an introduction to the basic theory and techniques of contemporary financial accounting the objective is to identify the fundamental principles of accounting, identify and analyze business transactions, prepare financial statements, and communicate this information to users with different needs. Acct 221 - principles of acct i hours: 3 (acct 2301) an introduction to financial accounting concepts and financial reporting, with the focus being on how decision makers analyze, interpret, and use accounting information. Answer to final exam course: principles of accounting li course number: acct 221 semester: summer 2014 administrative notes: you m.
Acct 221 principles of accounting ii quiz 2 homework answers on january 1, 2017, alpha company purchased a significant influence shares investment in the bravo-zulu company for $250,000. Topics include the accounting cycle, cash and receivables, inventory valuation, and the use of special journals and subsidiary ledgers course content introduction to accounting concepts the fundamental accounting equation. Acct 221 principles of accounting ii multipleacct 221 principles of accounting buy now to view full solution. Easily share your publications and get them in front of issuu’s millions of monthly readers title: acct 221 (principles of accounting ii) final exam – latest. Acct 221 financial accounting interpretation and application of accounting principles to financial reporting issues of business and nonbusiness organizations.
Final review acct 221 question 1: 30% points: on december 31, 2014, frick incorporated, had the following balances (all balances are normal): accounts. Assume that actual overhead consisted of $30,000 for indirect labor, $20,000 for indirect material, and $10,000 for depreciation of factory equipment based on the preset rates, $65,000 of overhead was applied to work in process. Acct 221 principles of accounting ii homework 1 quiz answers (fall 2017) alpha corporation started the 2017 fiscal year with 100,000 shares common stock outstanding on april 1 an additional 20,000 shares were issued. Acct 221 principles of accounting ii quiz 3 homework answers question 1: items: cash $45,000, accounts receivable $160,000, inventories $150,000, prepaid expenses.
Tutorials for question #00535102 categorized under general questions and college life. Acct221 – principles of accounting ii team assignment subject: business / accounting question for all short exercises, assume the weighted-average method is to be used unless you are told otherwise s20-1 comparing job order costing versus process costing identify each costing system characteristic as job order costing or process.
Principlesofaccountingcom is a high-quality, comprehensive, free, financial and managerial accounting textbook online and more. Financial accounting 2 acct-221 course a follow-up to financial accounting statements in accordance with generally accepted accounting principles. Below is an essay on acct 221 (principles of accounting ii) final exam – latest one from anti essays, your source for research papers, essays, and term paper examples. Acct 221 principles of accounting ii final exam answers part a on january 1, 2014, flip corporation had 560,000 shares of $1 par.
Here is the best resource for homework help with acct 221 : principles of accounting at nc a&t find acct221 study guides, notes, and practice tests from. For sb&m students, and programs that designate the course as a required/specified elective course this is the first course of the principles of accounting sequence. Malor program requirements semester hours 30 acct 221 acct 222 acct 331 acct 332 acct 362 acct 443 344 acct 455 acct 461 acct 492 principles of accounting i.
Read this essay on acct 221 (principles of accounting ii) final exam - latest one come browse our large digital warehouse of free sample essays get the knowledge you need in order to pass your classes and more. Prerequisite: acct 221 a study of basic cost accounting concepts the goal is to apply basic cost accounting concepts, use technology to prepare financial deliverables, evaluate business and financial data, and communicate financial information. Acct 221 principles of accounting ii quiz 2 homework answers on january 1, 2017, alpha company purchased a significant influence shares investment in the bravo-zulu company for $250,000 this investment balance represents 40% of the equity of the bravo-zulu company. Final exam acct 221 – principles of accounting ii fall 2013 multiple choice (2 pts each) 1 cody industries owns 35% of macarthy company for the current year, macarthy reports net income of.