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ACC 291 Entire Class + Exam (University of Phoenix)
Examen • 124
pages
• 2022
This includes the most comprehensive and organized collection of the entire ACC 291 class - From discussions, quizzes, WileyPlus exercises, and final exam with answers.
ACC 291 Entire Class + Exam (University of Phoenix)
Dernier document publié:
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This includes the most comprehensive and organized collection of the entire ACC 291 class - From discussions, quizzes, WileyPlus exercises, and final exam with answers.
ACC 291 > Final Exam Guide (New, 2019, 100% Score) - University Of Phoenix.
Examen • 7
pages
• 2022
ACC 291 Final Exam Guide (New, 2019, 100% Score)

1.The term "receivables" refers to

a) amounts due from individuals or companies.

b) cash to be paid to debtors.

c) merchandise to be collected from individuals or companies.

d) cash to be paid to creditors.

2.Three accounting issues associated with accounts receivable are

a) depreciating, valuing, and collecting.

b) accrual, bad debts, and accelerating collections.

c) depreciating, returns, and valuing.

d) recognizing, valuing, and acc...
ACC 291 > Final Exam Guide (New, 2019, 100% Score) - University Of Phoenix.
Dernier document publié:
de cela
ACC 291 Final Exam Guide (New, 2019, 100% Score)

1.The term "receivables" refers to

a) amounts due from individuals or companies.

b) cash to be paid to debtors.

c) merchandise to be collected from individuals or companies.

d) cash to be paid to creditors.

2.Three accounting issues associated with accounts receivable are

a) depreciating, valuing, and collecting.

b) accrual, bad debts, and accelerating collections.

c) depreciating, returns, and valuing.

d) recognizing, valuing, and acc...
ACC 291 Week 5 Quiz /ACC291 Week 5 Test Questions and Answers Latest Study Guide
Examen • 6
pages
• 2021
Acc 291 Week 5 Quiz



Practice Question 10

Which of the following is an operating activity?







Sale of equipment



Payment of a cash dividend



Making a loan to another entity



Payment of interest





 	Correct! Investing activities include acquiring and disposing of investments and property, plant, and equipment, and lending money and collecting loans.

 	

Which is an example of a cash flow from an investing activity?







Payment of cash to suppliers for inventory



Re...
ACC 291 Week 5 Quiz /ACC291 Week 5 Test Questions and Answers Latest Study Guide
Dernier document publié:
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Acc 291 Week 5 Quiz



Practice Question 10

Which of the following is an operating activity?







Sale of equipment



Payment of a cash dividend



Making a loan to another entity



Payment of interest





 	Correct! Investing activities include acquiring and disposing of investments and property, plant, and equipment, and lending money and collecting loans.

 	

Which is an example of a cash flow from an investing activity?







Payment of cash to suppliers for inventory



Re...
ACC 291 Wk-5 Final Exam

1) Hahn Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $300,000 and credit sales are $1,200,000. Management estimates that 1% is the sales percentage to use. What adjusting entry will Hahn Company make to record the bad debts expense?

A. Bad Debts Expense 15000 Allowances for Doubtful Accounts 15000

B. Bad Debts Expense 12000 Allowances for Doubtful Accounts 12000

C. Bad Debts Expense $12,000 Accounts Receivab...
ACC 291 WEEK 5 FINAL EXAM.Graded A+
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ACC 291 Wk-5 Final Exam

1) Hahn Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $300,000 and credit sales are $1,200,000. Management estimates that 1% is the sales percentage to use. What adjusting entry will Hahn Company make to record the bad debts expense?

A. Bad Debts Expense 15000 Allowances for Doubtful Accounts 15000

B. Bad Debts Expense 12000 Allowances for Doubtful Accounts 12000

C. Bad Debts Expense $12,000 Accounts Receivab...
Hahn Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $300,000 and credit sales are $1,200,000. Management estimates that 1% is the sales percentage to use. acc 291 final exam. What adjusting entry will Hahn Company make to record the bad debts expense?

2) Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $15,000. acc 291 final exam. If the balance of the Allowance for Doubtfu...
ACC 291 Final Exam,100% CORRECT
Dernier document publié:
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Hahn Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $300,000 and credit sales are $1,200,000. Management estimates that 1% is the sales percentage to use. acc 291 final exam. What adjusting entry will Hahn Company make to record the bad debts expense?

2) Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $15,000. acc 291 final exam. If the balance of the Allowance for Doubtfu...
Acc 291 Final Exam Answers,100% CORRECT
Examen • 5
pages
• 2020
Ordinary repairs are expenditures to maintain the operating efficiency of a plant asset and are referred to as
2. Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $15,000. If the balance of the Allowance for Doubtful Accounts is $3,000 credit before adjustment, what is the amount of bad debts expense for that period?
3. Intangible assets
4. Intangible assets are the rights and privileges that result from ownership of long-lived asse...
Acc 291 Final Exam Answers,100% CORRECT
Dernier document publié:
de cela
Ordinary repairs are expenditures to maintain the operating efficiency of a plant asset and are referred to as
2. Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $15,000. If the balance of the Allowance for Doubtful Accounts is $3,000 credit before adjustment, what is the amount of bad debts expense for that period?
3. Intangible assets
4. Intangible assets are the rights and privileges that result from ownership of long-lived asse...
ACC 291 Final Exam Guide (New, 2020), New Complete Solution, Already Graded A.
Examen • 7
pages
• 2020
ACC 291 Final Exam Guide (New, 2020) NEW, University Of Phoenix.

1. The term “receivables” refers to
cash to be paid to debtors.
merchandise to be collected from individuals or companies.
cash to be paid to creditors.
amounts due from individuals or companies.
 
2. Three accounting issues associated with accounts receivable are
 
depreciating, valuing, and collecting.
depreciating, returns, and valuing.
accrual, bad debts, and accelerating collections.
recognizing, valuing, and accelerating...
ACC 291 Final Exam Guide (New, 2020), New Complete Solution, Already Graded A.
Dernier document publié:
de cela
ACC 291 Final Exam Guide (New, 2020) NEW, University Of Phoenix.

1. The term “receivables” refers to
cash to be paid to debtors.
merchandise to be collected from individuals or companies.
cash to be paid to creditors.
amounts due from individuals or companies.
 
2. Three accounting issues associated with accounts receivable are
 
depreciating, valuing, and collecting.
depreciating, returns, and valuing.
accrual, bad debts, and accelerating collections.
recognizing, valuing, and accelerating...
ACC 291 > Final Exam Guide (New, 2019, 100% Score) - University Of Phoenix.
Examen • 7
pages
• 2019
1.The term "receivables" refers to
a)	amounts due from individuals or companies.

b)	cash to be paid to debtors.

c)	merchandise to be collected from individuals or companies.

d)	cash to be paid to creditors.


2.Three accounting issues associated with accounts receivable are
a)	depreciating, valuing, and collecting.

b)	accrual, bad debts, and accelerating collections.

c)	depreciating, returns, and valuing.

d)	recognizing, valuing, and accelerating collections.



3.When the allowance meth...
ACC 291 > Final Exam Guide (New, 2019, 100% Score) - University Of Phoenix.
Dernier document publié:
de cela
1.The term "receivables" refers to
a)	amounts due from individuals or companies.

b)	cash to be paid to debtors.

c)	merchandise to be collected from individuals or companies.

d)	cash to be paid to creditors.


2.Three accounting issues associated with accounts receivable are
a)	depreciating, valuing, and collecting.

b)	accrual, bad debts, and accelerating collections.

c)	depreciating, returns, and valuing.

d)	recognizing, valuing, and accelerating collections.



3.When the allowance meth...
ACC 291- Week 4 Wileyplus Assignment >11-1, E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A (New) Rated A+ > University Of Phoenix
Study guide • 19
pages
• 2019
University of Phoenix

ACC 291 WileyPLUS Week 4 Assignment
 Questions 1-5Exercise Do It! 11-1 Exercise E11-15 Exercise E11-16 Problem P11-6AProblem P11-8A
Do not copy directly. Please use as a guide. 
•	Do It! 11-1
•	Exercise 11-5 Garcia Corporation
•	Exercise 11-7 Pele Company
•	Broadening Your Perspective 11-1 Tootsie Roll
•	Broadening Your Perspective 11-2 Tootsie Roll & Hershey
•	Problem 11-5A Pringle Corporation
•	Problem 11-8A Everett Corporation
ACC 291- Week 4 Wileyplus Assignment >11-1, E11-5, E11-7, BYP11-1, BYP11-2, P11-5A, P11-8A (New) Rated A+ > University Of Phoenix
Dernier document publié:
de cela
University of Phoenix

ACC 291 WileyPLUS Week 4 Assignment
 Questions 1-5Exercise Do It! 11-1 Exercise E11-15 Exercise E11-16 Problem P11-6AProblem P11-8A
Do not copy directly. Please use as a guide. 
•	Do It! 11-1
•	Exercise 11-5 Garcia Corporation
•	Exercise 11-7 Pele Company
•	Broadening Your Perspective 11-1 Tootsie Roll
•	Broadening Your Perspective 11-2 Tootsie Roll & Hershey
•	Problem 11-5A Pringle Corporation
•	Problem 11-8A Everett Corporation