ACC 422 Week 4 Learning Team

Topics: Depreciation, Balance sheet, Intangible asset Pages: 3 (404 words) Published: October 27, 2014

This work of ACC 422 Week 4 Learning Team contains:

Team Problems

Prepare solutions to the following problems from the text:

1) Chapter 11: P11-10

(Comprehensive Depreciation Computations) Sheryl Crow Corporation, a manufacturer of steel products, began operations on October 1, 2006. The accounting department of Crow has started the fixed-asset and depreciation schedule presented on page 563. You have been asked to assist in completing this schedule.

In addition to ascertaining that the data already on the schedule are correct, you have obtained the following information from the company's records and personnel.

2) Chapter 12: P12-3

a. Prepare a schedule showing the intangible assets section of Haerhpin's balance sheet at December 31, 2007. Show supporting computations in good form.

b. Prepare a schedule showing all expenses resulting from the transactions that would appear on Haerhpin's income statement for the year ended December 31, 2007. Show supporting computations in good form.

General Questions - General General Questions

Discuss the objectives for Week Three and answer the following questions:

  In terms of the balance sheet and the income statement, what is the effect of using different depreciation methods?

  Why is the reporting of intangible assets often challenging for accountants?

Write a 350- to 500-word summary of your Learning Team’s discussion.  

Are you under a lot of pressure for a certain class you are not sure you will pass? You should talk to your academic adviser or to your instructor about credit no credit. Most schools will let you take one class where you will get credit but your grade will not impact your GPA.

This work of ACC 422 Week 4 Learning Team contains:

Team Problems

Prepare solutions to the following problem...

Complete course guide available here - https://bitly.com/12BNXyu

Are you under a lot of...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Essay about ACC 422 Week 4 WileyPLUS Assignment
  • ACC 340 Week 4 Learning Team Assignment Essay
  • Week 4 Team Activity ACC 543 Essay
  • 101664305 ACC421 ACC 421 Week 4 Learning Team Assignments From the Text Essay
  • ACC 422 WEEK 2 LEARNING TEAM Essay
  • ACC 421 Week 4 Learning Team Assignments Essay
  • Acc 422 Week 4 Wileyplus Assignment
  • ACC 492 Week 4 Learning Team Assignments from the Text Study Guide Essay

Become a StudyMode Member

Sign Up - It's Free