ACCT 304 ACCT304 ACCT/304 ENTIRE COURSE HELP – DEVRY UNIVERSITY

Description

ACCT 304 ACCT304 ACCT/304 ENTIRE COURSE HELP – DEVRY UNIVERSITY

ACCT 304 Week 1 Quiz

ACCT 304 Week 2 Quiz

ACCT 304 Week 2 You Decide Assignment

ACCT 304 Week 3 Quiz

ACCT 304 Week 7 Course Project

ACCT 304 ACCT304 ACCT/304 ENTIRE COURSE HELP – DEVRY UNIVERSITY

ACCT 304 Week 1 Quiz

1. (TCO 1) The capitalized cost of equipment excludes:

2. (TCO 1) On July 1, 2011, Larkin Co. purchased a $400,000 tract of land that is intended to be the site of a new office complex. Larkin incurred additional costs and realized salvage proceeds during 2011 as follows:

What would be the balance in the land account as of December 31, 2011?

3. (TCO 3) In a nonmonetary exchange of equipment, if the exchange has commercial substance, a gain is recognized if:

4. (TCO 1) Interest may be capitalized:

5. (TCO 3) Horton Stores exchanged land and cash of $5,000 for similar land. The book value and the fair value of the land were $90,000 and $100,000, respectively.

Assuming that the exchange has commercial substance, Horton would record land-new at and record a gain/(loss) of:

ACCT 304 ACCT304 ACCT/304 ENTIRE COURSE HELP – DEVRY UNIVERSITY

ACCT 304 Week 2 Quiz

1. (TCO 2) The exclusive right to display a symbol of product identification is a:

2. (TCO 2) Lake Incorporated purchased all of the outstanding stock of Huron Company paying $950,000 cash. Lake assumed all of the liabilities of Huron. Book values and fair values of acquired assets and liabilities were:

3. (TCO 2) Research and development (R&D) costs:

4. (TCO 2) Under U.S. GAAP, research expenditures are:

5. (TCO 2) Goodwill is:

ACCT 304 ACCT304 ACCT/304 ENTIRE COURSE HELP – DEVRY UNIVERSITY

ACCT 304 Week 2 You Decide Assignment

ACCT 304 Week 2 You Decide Assignment

ACCT 304 ACCT304 ACCT/304 ENTIRE COURSE HELP – DEVRY UNIVERSITY

ACCT 304 Week 3 Quiz

1. (TCO 4)In the first year of an asset’s life, which of the following methods has the smallest depreciation?

2. (TCO 4)Depletion refers to the cost allocation for:

3. (TCO 4)Depreciation, depletion, and amortization:

4. (TCO 4)Cutter Enterprises purchased equipment for $72,000 on January 1, 2011. The equipment is expected to have a five-year life and a residual value of $6,000. Using the straight-line method, the book value at December 31, 2011 would be:

5. (TCO 4)A change from the straight-line method to the sum-of-years’-digits method of depreciation is handled as:

ACCT 304 ACCT304 ACCT/304 ENTIRE COURSE HELP – DEVRY UNIVERSITY

ACCT 304 Week 7 Course Project

ACCT 304 Week 7 Course Project

ACCT 304 ACCT304 ACCT/304 ENTIRE COURSE HELP – DEVRY UNIVERSITY

ACCT 304 Week 1 Quiz

ACCT 304 Week 2 Quiz

ACCT 304 Week 2 You Decide Assignment

ACCT 304 Week 3 Quiz

ACCT 304 Week 7 Course Project

ACCT 304 ACCT304 ACCT/304 ENTIRE COURSE HELP – DEVRY UNIVERSITY

ACCT 304 Week 1 Quiz

1. (TCO 1) The capitalized cost of equipment excludes:

2. (TCO 1) On July 1, 2011, Larkin Co. purchased a $400,000 tract of land that is intended to be the site of a new office complex. Larkin incurred additional costs and realized salvage proceeds during 2011 as follows:

What would be the balance in the land account as of December 31, 2011?

3. (TCO 3) In a nonmonetary exchange of equipment, if the exchange has commercial substance, a gain is recognized if:

4. (TCO 1) Interest may be capitalized:

5. (TCO 3) Horton Stores exchanged land and cash of $5,000 for similar land. The book value and the fair value of the land were $90,000 and $100,000, respectively.

Assuming that the exchange has commercial substance, Horton would record land-new at and record a gain/(loss) of:

ACCT 304 ACCT304 ACCT/304 ENTIRE COURSE HELP – DEVRY UNIVERSITY

ACCT 304 Week 2 Quiz

1. (TCO 2) The exclusive right to display a symbol of product identification is a:

2. (TCO 2) Lake Incorporated purchased all of the outstanding stock of Huron Company paying $950,000 cash. Lake assumed all of the liabilities of Huron. Book values and fair values of acquired assets and liabilities were:

3. (TCO 2) Research and development (R&D) costs:

4. (TCO 2) Under U.S. GAAP, research expenditures are:

5. (TCO 2) Goodwill is: