Premium Essay

Acct 220 Quiz 3 Latest

In:

Submitted By arnitaetsitty
Words 905
Pages 4
ACCT 220 Quiz 3 latest
Click Link Below To Buy:

http://hwaid.com/shop/acct-220-quiz-3-latest/
A company buys a new parcel of land. Which of the following items is properly debited to the land account?
Question 1 options:
a. paving a road to access the land
b. demolishing an existing structure c. the fees on a mortgage loan on the land d. planting of trees and shrubs Question 2 (5 points)
What type of asset is subject to depletion?
Question 2 options:
a. natural resources
b. a literary work c. an intangible asset
d. a computer Question 3 (5 points)
Which is NOT an intangible asset?
Question 3 options:
a. a patent on a new invention b. a copyright on a musical work c. an estimated amount of coal in a piece of owned land that has not yet been mined d. a contract granting the company a right-of-way
Question 4 (5 points)
Which is NOT an advantage of a corporation compared with a partnership or sole proprietorship?
Question 4 options:
a. The corporation's existence is unaffected by the death of an owner. b. Owners enjoy limited liability. c. It is easier to raise large amounts of capital. d. The total tax burden is lower. Question 5 (5 points)
If a corporation's stock is purchased by the corporation on the open market but is held in treasury and not retired, which of the following is correct?
Question 5 options:
a. A credit will be recorded to the treasury stock account, which is a liability account. b. A debit will be recorded to the treasury stock account, which is an equity account. c. A debit will be recorded to the treasury stock account, which is a liability account. d. A credit will be recorded to the treasury stock account, which is an equity account. Short Answer
Prepare the following journal entries. Dates and descriptions are not required.
Question 6 (5 points)
A company sells a fixed asset

Similar Documents

Free Essay

Bshs 441 Entire Course

...2 Team Assignment Interview of a Social Service Agency Using Advocates BSHS 441 Week 2 DQ 1 BSHS 441 Week 2 DQ 2 BSHS 441 Week 3 Individual Assignment Paper on the Challenges of Being an Advocate and Neutral Facilitator (Mediator) BSHS 441 Week 3 Team Assignment Interview of a Social Service Agency on Their Use of Mediation BSHS 441 Week 3 DQ 1 BSHS 441 Week 3 DQ 2 BSHS 441 Week 4 Individual Assignment Paper Based on Literature Review BSHS 441 week 4 Team Assignment Interview With a Social Services Lobbyist BSHS 441 Week 4 DQ 1 BSHS 441 Week 4 DQ 2 BSHS 441 Week 5 Individual Quiz BSHS 441 Week 5 Team Assignment Presentation on the Use of Mediation within an Agency Setting BSHS 441 Week 5 DQ 1 BSHS 441 Week 5 DQ 2 Activity mode aims to provide quality study notes and tutorials to the students of BSHS 441 ENTIRE COURSE in order to ace their studies. Activity mode, BSHS 441 ENTIRE COURSE, 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...

Words: 1003 - Pages: 5

Free Essay

Bshs 441 Complete Class

...Team Assignment Interview of a Social Service Agency Using Advocates BSHS 441 Week 2 DQ 1 BSHS 441 Week 2 DQ 2 BSHS 441 Week 3 Individual Assignment Paper on the Challenges of Being an Advocate and Neutral Facilitator (Mediator) BSHS 441 Week 3 Team Assignment Interview of a Social Service Agency on Their Use of Mediation BSHS 441 Week 3 DQ 1 BSHS 441 Week 3 DQ 2 BSHS 441 Week 4 Individual Assignment Paper Based on Literature Review BSHS 441 week 4 Team Assignment Interview With a Social Services Lobbyist BSHS 441 Week 4 DQ 1 BSHS 441 Week 4 DQ 2 BSHS 441 Week 5 Individual Quiz BSHS 441 Week 5 Team Assignment Presentation on the Use of Mediation within an Agency Setting BSHS 441 Week 5 DQ 1 BSHS 441 Week 5 DQ 2 Activity mode aims to provide quality study notes and tutorials to the students of BSHS 441 COMPLETE COURSE in order to ace their studies. Activity mode, BSHS 441 COMPLETE COURSE, 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...

Words: 1003 - Pages: 5

Premium Essay

Mgt 521 Week 2

...Preferences. Note. Access to Career Plan Building Activity: Work Culture Preferences is only available after you complete the Career Plan Building Activity: Competencies. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies. Reflect on your results.  How can knowing your ideal work culture help you in developing strategic and operational plans to achieve organizational goals?  Which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis?  How do your competencies relate to the essential competencies for conducting a SWOT analysis? Click the Assignment Files tab to submit your assignment. 3- You have decided to pursue an MBA degree either to further your career, start a new career, or achieve a personal goal. In this program, you will study the functional areas of business. Use the MBA Overview and Effective Research and Writing at University of Phoenix Modules you reviewed to complete this assignment. Write a paper that analyzes the role of a manager within the functional areas of business: Required elements:  No more than1050 words  Two articles, including at least one peer-reviewed article, from the University Library cited in your paper to support your...

Words: 2623 - Pages: 11

Premium Essay

Mgt 521 Week 5

...the personality assessment.  Evaluate the situation in terms of urgency, culture, and so forth.  Determine leadership approaches, based on individuals and the situation. Highlight the principles you have applied from various leadership theories. Format your memo consistent with APA guidelines. Click the Assignment Files tab to submit your assignment 2- Your Learning Team is a team of managers of a customer call center for timeshare vacations. Discuss, with your team, the types of control measures you would use to see how efficient and effective an employee is. Discuss, with your team, the measures you would use to evaluate the entire call center. Prepare a 350- to 1,050-word paper detailing the findings of your discussion. 3 QUIZ The control process assumes that ________. employees require clear directions from management employees...

Words: 2512 - Pages: 11

Free Essay

Nsci 280 Anatomy and Physiology 1 Complete Week 1

...of anatomy differ from the study of physiology? 2. What is studied in gross anatomy? In surface anatomy?  Chapter-2 1. Define Matter and the difference between mass and weight. 2. State the six roles of lipids in the body and give an example of each. Chapter-3 1. What are the main chemical components of the plasma membrane? 2. Differentiate among intracellular, extracellular, and intercellular. 3. List three ways that substances can move across the plasma membrane? Week 1 Quiz worksheet 1 worksheet 2 Click Here to Buy this; http://www.coursehomework.com/product/nsci-280-anatomy-and-physiology-1-complete-week-1 Course Home Work aims to provide quality study notes and tutorials to the students of NSCI 280 Anatomy and  Physiology 1 Complete Week 1  in order to ace their studies. Course Home Work - Best Home Work Tutorials NSCI 280 Anatomy and Physiology 1 Complete Week 1 Course Home Work, NSCI 280 Anatomy and  Physiology 1 Complete Week 1, 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...

Words: 522 - Pages: 3

Premium Essay

Mgt 521 Week 3

...MGT 521 WEEK 3 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-3/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 3 MGT 521 Week 3 Career Plan Building Activity Reasoning Aptitude,MGT 521 week 3 organizational planning,Week 3 Quiz, Reflection A++ GRADED!!! Navigate to the My Career Plan in Phoenix Career Services through the My Career Plan link. Complete the Career Plan Building Activity: Reasoning Aptitude. Review the Reasoning Aptitude results page.  Add tips to your career plan by selecting the opportunities tab and click the “tips” next to the competency you want to add to your career plan.  Click the “my career plan” tab on top of your page to view your populated career plan. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Reasoning Aptitude.  What do your results tell you about your individual thinking style or your thought process range?  How does knowing this information and your Competencies and Work culture Preferences help you to understand how work is done in teams?  What adjustments can you make to your own teamwork style based on your Career Plan Building Activities? Click the Assignment Files tab to submit your assignment. 2- Review the example SWOT Analyses located in this week’s Electronic Reserve Readings to see the types of information companies include. Complete the following tasks in the University of Phoenix Material: Organizational Planning...

Words: 1795 - Pages: 8

Premium Essay

Mgt 521 Week 6

...visit here: http://www.activitymode.com/product/mgt-521-week-6/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 6 MGT 521 Week 6 Balanced Scorecard, MGT 521 Week 6 Career Plan Reflection, MGT 521 Week 6 Learning Team Reflection,Week 6 Quiz 1- Write a reflection paper of no more than 350 words based on the Career Plan Building Activities completed throughout this course. In the paper, consider the following questions:  What are the next steps in your career plan?  What milestones have you established in the Career Plan to monitor your progress towards your career goals? Why do you think these steps are important in helping you progress?  How can you focus your time and attention in future courses based on your career competencies and goals? Click the Assignment Files tab to submit your assignment. 2- Read Case Application 1, “Lessons from Lehman Brothers: Will We Ever Learn?” at the end of Ch. 5 of Management. Discuss the scenario with your team. Discuss the second, third, and fifth discussion questions at the end of the case with your team. Answer each question based on your team’s discussion in no more than 350 words per question. Click the Assignment Files tab to submit your assignment. 3-1. As a university student, your institution’s social principles and practices reflect on you, as a stakeholder, in the organization. Therefore, it is your right to question how these practices should be evaluated in relation to the social issues that...

Words: 2347 - Pages: 10

Premium Essay

Form

...OFFICIAL CATALOG This Catalog contains information, policies, procedures, regulations and requirements that were correct at the time of publication and are subject to the terms and conditions of the Enrollment Agreement entered into between the Student and ECPI University. In keeping with the educational mission of the University, the information, policies, procedures, regulations and requirements contained herein are continually being reviewed, changed and updated. Consequently, this document cannot be considered binding. Students are responsible for keeping informed of official policies and meeting all relevant requirements. When required changes to the Catalog occur, they will be communicated through catalog inserts and other means until a revised edition of the Catalog is published. The policies in this Catalog have been approved under the authority of the ECPI University Board of Trustees and, therefore, constitute official University policy. Students should become familiar with the policies in this Catalog. These policies outline both student rights and student responsibilities. The University reserves the right and authority at any time to alter any or all of the statements contained herein, to modify the requirements for admission and graduation, to change or discontinue programs of study, to amend any regulation or policy affecting the student body, to increase tuition and fees, to deny admission, to revoke an offer of admission and to dismiss from the...

Words: 149595 - Pages: 599

Premium Essay

Accounting for Taxation

...CPA QUESTIONS CHAPTER 3 1. For “qualifying widow(er)” filing status, which of the following requirements must be met? I. The surviving spouse does not remarry before the end of the current year II. The surviving spouse was eligible to file a joint tax return in the year of the spouse’s death III. The surviving spouse maintains the cost of the principal residence for six months. A. I, II, and III B. I and II, but not III C. I and III, but not II D. I only A. Incorrect. A taxpayer may file a tax return as a qualifying widow or widower for 2 tax years after the year in which a spouse dies provided the couple qualified to file a joint return for the year of death; that the taxpayer provided over 50% of the cost of maintaining the principal residence of a dependent child or stepchild; and that the taxpayer has not remarried as of the end of the current year. Maintaining the cost of the taxpayer’s principal residence for six months is not sufficient. B. Correct! A taxpayer may file a tax return as a qualifying widow or widower for 2 tax years after the year in which a spouse dies provided the couple qualified to file a joint return for the year of death; that the taxpayer provided over 50% of the cost of maintaining the principal residence of a dependent child or stepchild; and that the taxpayer has not remarried as of the end of the current year. Maintaining the cost of the taxpayer’s principal residence for six months...

Words: 139931 - Pages: 560