ACC 330 Module Six Assignment

Question 3  Specify what data you think should be collected on each of the following four  documents: sales invoice, purchase order, receiving report, employee time card

Question 4 For each of the following records, indicate the appropriate related file structure: master file,transaction file, reference file, or archive file customer ledgers purchase orders list of authorized vendors records related to prior pay periods vendor ledgers hours each employee has worked during the current pay period tax tables sales orders that have been processed and recorded

compliance requirements in terms of documenting transactions and reporting .you should list the elements required in a tax invoice which a computerized accounting system will quickly and accurately procedure

Download the spreadsheet here which includes a tax table in each tab. Edit the spreadsheet so you can use it to answer the following questions. Then upload images of your spreadsheet in the last part of the question. Hint: create a spreadsheet with a tax table you have already used (in a practice), use it to answer questions that you answered in that practice for which you have correct answers. That will help you be sure that your ideas here work. a. Suppose Erick has a total taxable income of $181,860. They are taxed at the Married Jointly rates. What is Erick's total tax bill? $ 39,913.3 Erick pays taxes at the following tax brackets (pick all that apply). 10% 15% 25% 28% 33% 35%

Access the FASB’s Accounting Standards Codification at the FASB website (www.fasb.org) and select Basic View for free access. Required: Determine the specific nine-digit Codification citation (XXX-XX-XX-XX) for accounting for each of the following items: What are the five key steps to applying the revenue recognition principle? What are indicators that control has passed from the seller to the buyer, such that it is appropriate to recognize revenue at a point in time? Under what circumstances can sellers recognize revenue over time?

Write an analysis of the five revenue-recognition steps.  Apply the five revenue-recognition steps per ASC Topic 606 or FASB Accounting Standards Update (ASU) No. 2014-09 to Stella’s sales transaction on the next page.  Before applying each step, describe the requirements of that step, and quote relevant ASC 606 sub-topics using Revenue Recognition-Brief-Roadmap-by-AICPA.pdf.  Provide an explanation/justification for how you apply the requirement by referring to the relevant guideline in the standard.    Tip for Step 2: You will identify the number of performance obligations in the contract and describe what they are along with why they are separate performance obligations. Step 2 is related to Steps 4 & 5.  So make sure that your answers in Steps 4 and 5 are consistent with each other and with the answer in Step 2.   Tip for Step 4: Show the computation of the transaction price of each performance obligation.  Be sure to consider the discount.   Tip for Step 5: Specify (1) how…

Which of the following statements is true?   Question 50 options:   Exporting a report is useful for changing report formats.   Importing the balance sheet is required before printing financial statements.   Exporting an income statement requires a separate software package.   Journal entries can be imported from an excel spreadsheet.

Typical accounting tasks include all of the following tasks except ________.A. auditingB. recording and tracking costsC. tax compliance and planningD. consultingE. purchasing direct materials

Please see below. Be sure to include the appropriate mathematical formulas and cell referencing for this question. These two items are required!!!!

For each of the following records, indicate the appropriate related file structure: master file, transaction file, reference file, or archive file.a. customer ledgersb. purchase ordersc. list of authorized vendorsd. records related to prior pay periodse. vendor ledgersf. hours each employee has worked during the current pay periodg. tax tablesh. sales orders that have been processed and recorded

Custom fields can be created ____________________.Select all that apply. Select one or more: A. on the Advanced tab of Account and Settings B. on the Expenses tab of Account and Settings C. on the Sales tab of Account and Settings D. on the Company tab of Account and Settings

Review Later Which function of the S&P Capital IQ Excel plug-in allows users to extract company data directly from CaplQ's database and calculate the desired financial metrics using the CaplQ formulas? Screening Auditing Templates Formula Builder Page 9 of 10 00