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Do you work hard to achieve good grades, but does not get success at that level? Studentwhiz has found out a simple yet interesting way to help its students achieve good grades by learning in a smart way through University of Phoenix ACC 422 - Week 3 - Complete Solutions and ACC 422 - Week 3 - Complete Course. Our main motive is that our students should pass their exams with flying colors. ACC 422 - Week 3 - Complete Study Material and ACC 422 - Week 3 - Complete Guide are also been provided so that students can learn from them. On our learning portal you will get study material which is 100% updated and imparted by our experts.

ACC 422 - Week 3 - Complete

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Course Detail:

DQ1.What is the purpose of depreciation?

Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not.

Should the financial statements reflect the value of fixed assets? Explain why or why not.

 

DQ2.What are the different methods used to calculate depreciation?

How does a company decide which method it should utilize?

How does its choice affect the financial statements?

Should companies standardize the method of depreciation to enhance comparability? Explain your answer.

 

DQ3.Why are research and development costs expensed?

Is this consistent with how other similar costs are handled? Explain why or why not.

Should research and development costs be expensed? Explain why or why not.

 

DQ4.What is an intangible asset?

Should all intangible assets be subject to amortization? Explain why or why not.

Why are some intangible assets not amortized?

What is the implication to the financial statements?

 

Individual Assignment - WileyPLUS

Week Three Assignment

Resource: WileyPLUS

Complete the following in WileyPLUS:

• Exercise E9-1 (20 Points)

• Exercise E9-12 (20 Points)

• Exercise E10-5 (25 Points)

• Exercise E10-12 (20 Points)

 

Learning Team Assignment - Textbook Assignments 2    

Prepare written responses to the following assignments from Ch. 9 & 10 of Intermediate Accounting:

• Problem P9-9 (35 Points)

• Problem P10-5 (35 Points)

 

Learning Team Assignment - Weekly Reflection     

Discuss the objectives for Week Two and answer the following two questions:

• Why is inventory valuation important to the presentation of the balance sheet and the income statement?  

• What do accountants mean by capitalizing fixed assets and how does that affect the balance sheet and the income statement?

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

(Use Microsoft Word)

 

Individual Assignment - Weekly Summary     

Post Weekly Summary in the Main Forum 

 
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