ACC 205 Week 4 Complete Work

$30.00

SKU:08. Category: .

Product Description

ACC 205 Week 4 Complete Work

WEEK 4

ACC 205_Week Four Solution

1. Payroll accounting:

a. The entry to record Brookhaven’s February payroll:

b. The journal entry to record Brookhaven’s payroll tax expense:

2. Current liabilities:

a. Journal entries to record the transactions:

b. Prepare adjusting entries on October 31 to record accrued interest:

c. The Current Liability section of Red Bank’s balance sheet as of October 31:

3. Notes payable:

a. Journal entries to record the transactions:

b. Prepare adjusting entries on October 31 to record accrued interest:

c. The Current Liability section of Red Bank’s balance sheet as of October 31:

ACC 205_Week_Four_Exercise_Assignment

Liability

  1.  Payroll accounting.
  2. 2.   2.  Current liabilities: entries and disclosure.
  3. 3.   3. Notes payable.

 

Acc 205 Week 4_DQs and Journal

DQ: 01

What is a current liability?  From the perspective of a user of financial statements, why do you believe current liabilities are separated from long-term liabilities?  Based on your current experience as well as any additional research you may have done provide two examples of situations where businesses collect monies from customers and employees and reports these amounts as a current liability.

DQ: 02

A client comes to you thinking about starting a consulting business.  Your client is specifically interested in what type of entity should be created for this new business.  Based on your readings or any additional research you may have done, discuss the advantages and disadvantages of the following: sole proprietorship, partnership, and corporation.  Based on these advantages and disadvantages provide a clear recommendation to your client.

Journal

The current liability section of the balance sheet lists the liabilities that are due within the next 12 months.  Reflecting on your current financial situation, apply the concept of current liabilities.  What does this analysis tell you about your future obligations?  What did you learn from this experience?

  • Click Here to Buy this;

    http://www.coursehomework.com/acc-205-week-4-complete-work/

    Course Home Work aims to provide quality study notes and tutorials to the students of ACC 205 Week 4 Complete Work in order to ace their studies.

    Course Home Work – Best Home Work Tutorials

    Home Work ACC 205 Week 4 Complete Work

    ACC 205 Week 4 Complete Work

    Course Home Work, ACC 205 Week 4 Complete Work, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting),  ACCT 344 (Entire Course) – Devry, ACCT 344 Final Exam Latest 2014 – Devry,  ACCT 346 (Managerial Accounting), ACCT 346 Midterm Exam Updated DeVry, ACCT 504, ACCT 504 Week 8, ACCT 553, ART 101 Week 8, Ashford BUS 401, ASHFORD BUS 640, Ashford HIS 204, ASHFORD MAT 222 Week 3, BA 215 (Business Statistics), BA 215 All Assignments Week 1 -8 – Grantham, BA 225, BA 260, BA 265 (Business Law II), BA 265 (Business Law II) FINAL EXAM, BA 340 All Course Assignments, BA 340 Human Resource, BA 370 (Employment Law), BA 405 Multinational Management, BA 470 Week 3 – 5 – 6 – 7, BA 470 Entrepreneurship, BA350 Principles Of Finance, BIS 155 Final Exam – DeVry, BIS 220 Final Exam, BSOP 429, BSOP 434 Entire Course – Devry, BUS 303 Week 2, BUS 303 Week 3, BUS 303 Week 5, BUS 311 Business Law, BUS 330 Week 1, BUS 330 Week 3, BUS 330 Week 5, BUS 401 Week 4 DQ 1, BUS 401 Week 4 DQ 2, BUS 402 WEEK 4, BUS 405 (Principles of Investment), BUS 475, BUS 475 Final Exam 100 MCQS, BUS 475 Final Exam 600 MCQS, BUS 599 (STRAYER), BUS 599 Assignment, BUS 620 Week 4, BUS 640 Week 1, BUS499 Asignment 4, BUS508 Asignment 1, BUS499 Assignment 3

    For more courses visit

    http://www.coursehomework.com