ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

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ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 1 Individual Work

ACG 4201 Week 10 Individual Work

ACG 4201 Week 11 Individual Work

ACG 4201 Week 12 Individual Work

ACG 4201 Week 2 Individual Work

ACG 4201 Week 3 Individual Work

ACG 4201 Week 4 Individual Work 1

ACG 4201 Week 4 Individual Work 2

ACG 4201 Week 5 Individual Work

ACG 4201 Week 6 Individual Work

ACG 4201 Week 7 Individual Work

ACG 4201 Week 9 Individual Work 1

ACG 4201 Week 9 Individual Work 2

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 1 Individual Work

Problem 1-7 page 47

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 10 Individual Work

Problem M-3
This requires you to analyze the impact on earnings on three hedged relationships – Futures Contract, Forward Contract, and Option. A clear understanding of how each of these hedging instruments “works”. Below are templates and a few of the answers.

For example: For the “Futures Contract To Sell” on March 31 is $600, calculated by multiplying 10,000 units (number of units per contract) by the difference between the futures price per unit ($3.50) as of February 28 and the Futures price per unit as of March 31 ($3.44).

Note that the $600 is a gain since the seller can buy the commodity at $3.44 per unit on March 31 and sells it at a committed price of $3.50 per unit. However, the net impact of earnings will be the difference between this gain ($600) and the $500 ([$3.45 – $3.40] x 10,000) decline in the value of the inventory.  Thus, the seller without hedging with the futures contract, the seller would have lost $500, and had gained $100 by hedging with the futures contract.

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 11 Individual Work

IMPORTANT: To understand and do this work correctly and adequately, you MUST review and understand chapter 11 in its entirety, including the examples, illustrations, journal entries, and REFLECTIONS. Also, you should review Week 11 Learning Activities practice problems. Specifically, you should review and understand the section “Basic Translation Process: Functional Currency to Reporting Currency” starting on page 612 of the book.

Problem 11-3 is divided into two parts. Part 1 is to translate Sorenson Company’s (the subsidiary) trial into the USD. Part 2 is to prepare the consolidated financial statements of Pueblo Company and Sorenson Company. Use the templates provided below. Templates for (A) and (D) in the worksheet are provided after the “consolidation” template. Note that these templates MUST be completed before the “consolidation” template.

Part 1 – Note that the exchange rate as of December 31, 2018 is used to translate the balance sheet items and the 2018 Average is used to translate income statement items. For Retained Earnings, use the “Note A” template after the trial balance. Note that income is translated at the average exchange rate. Also, note that the total of Sorenson’s trial balance in dollars should be zero, just as it is in FC.

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 12 Individual Work

IMPORTANT: To understand and do this work correctly and adequately, you MUST review and understand chapter 11 in its entirety, including the examples, illustrations, journal entries, and REFLECTIONS. Also, you should review Week 11 Learning Activities practice problems. Specifically, you should review and understand the section “Basic Translation Process: Functional Currency to Reporting Currency” starting on page 612 of the book.

Problem 11-3 is divided into two parts. Part 1 is to translate Sorenson Company’s (the subsidiary) trial into the USD. Part 2 is to prepare the consolidated financial statements of Pueblo Company and Sorenson Company. Use the templates provided below. Templates for (A) and (D) in the worksheet are provided after the “consolidation” template. Note that these templates MUST be completed before the “consolidation” template.

Part 1 – Note that the exchange rate as of December 31, 2018 is used to translate the balance sheet items and the 2018 Average is used to translate income statement items. For Retained Earnings, use the “Note A” template after the trial balance. Note that income is translated at the average exchange rate. Also, note that the total of Sorenson’s trial balance in dollars should be zero, just as it is in FC.

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 2 Individual Work

Does the price asked seem to be a real bargain?

Consider the fair value of the entire equity of Al’s Hardware; then decided if the price is reasonable a 60% interest.

If the deal were completed, what accounting methods would you recommend either on the books of Al’s Hardware or in the consolidation process? Al’s Hardware would remain a separate legal entity with a substantial noncontroling interest.

What if Great Value Hardware Stores was less concerned about being associated with statements that were not accurate and felt strongly about closing the deal for non-financial reasons?

How would you proceed?

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 3 Individual Work

Problem 3-2

Problem 3-3

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 4 Individual Work 1

Problem 3-10

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 4 Individual Work 2

Chapter 3, Exercise 11

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 5 Individual Work

Problem 4-14

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 6 Individual Work

Case 5-3: Alternative Ways to Transfer Asset to Subsidiary

The Case has four parts to complete. Part 1is to do journal entries to record the sale of the equipment in the books of Pannier and purchase of the equipment in the books of Jodestar. These are the same journal entries you did in your Introductory accounting class. The accounts to use are Sales, Notes Receivable, Cost of Goods Sold, and Inventory. There are three entries (note that a debit and a credit is considered one entry); two in the books of Pannier and one in the books of Jodestar.

Part 2 is to prepare a consolidated Income Statement and a consolidated balance sheet. Note that the sale or purchase of the equipment is not included in the trial balances. Use the templates provided. Check figures for net income provided and the balance sheet total are provided. Note that the ownership of Pannier of Jodestar is 80%.

Part 3 is to complete journal entries assuming a sales-type lease. Accounts to use are Minimum Lease Payments Receivable, Inventory, Cash, Unearned Interest Income, Sales-Type profit on Lease, Asset Under Capital Lease, and Obligation Under Capital Lease. There is one compound entry of five accounts (two debits and three credits) in the books of Pannier and one entry of three accounts (one debit and two credits) in the books of Jodestar. All these accounts and entries are illustrated in the book.

Part 4 is This is to simply indicate whether or not there will be a difference in the consolidated
statements assuming a sales-type capital lease instead of intercompany purchase/sale of
the equipment.

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 7 Individual Work

The objective for this paper is to explain what I have learned about from our class discussion, learning activities, and our readings of Chapter 6 in our text, Advanced Accounting. It will show my personal understanding through analyzing and explaining in my own words, and sited sources, my analysis of the concepts that we have learned.

In this assignment, we were to use what you have learned in this course and from prior financial accounting courses to calculate earnings per share for a consolidated firm. The guidelines for this assignment are as follows:

Complete Problem 6-4 on page 366 of Advanced Accounting to calculate basic and diluted consolidated earnings per share.

Complete Problem 6-6 on page 367 of Advanced Accounting to prepare a consolidated worksheet for taxation, simple equity, inventory, and land.

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 9 Individual Work 1

Problem 8-6

ACG 4201 ACG4201 ACG/4201 ENTIRE COURSE HELP – EVEREST COLLEGE, TAMPA

ACG 4201 Week 9 Individual Work 2

Problem 8-4