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ACC 290 Week 2 WileyPLUS Assignment



ACC 290 Week 2 WileyPLUS Assignment Resource: WileyPLUS Click Assignment: Week 2 Assignment within WileyPLUS to complete the following exercises: BYP 2-2 IFRS 2-6 Exercise 3-4 BYP 3-2 IFRS 3-2 Problem 3-5 Problem 3-6 Problem 3-5A Foyle Architects incorporated as licensed architects on April 1, 2014. During the first month of the operation of the business, these events and transactions occurred Post to the ledger T-accounts. (Post entries in the order of journal entries presented in the question.) Prepare a trial balance on April 30, 2014 Prepare a general ledger using T-accounts. Enter the opening balances in the ledger accounts as of October 1. Exercise 3-4 A tabular analysis of the transactions made during August 2014 by Colaw Company during its first month of operations is shown below. Each increase and decrease in stockholders’ equity is explained Broadening Your Perspective 2-2 The financial statements of The Hershey Company and Tootsie Roll are presented below. Assume Hershey’s average number of shares outstanding was 220,688,000, and Tootsie Roll’s was 57,892,000 Broadening Your Perspective 3-2 The financial statements of The Hershey Company and Tootsie Roll are presented below IFRS 2-6 The following information is available for Cole Bowling Alley at December 31, 2014 Prepare a classified statement of financial position; assume that $13,900 of the notes payable will be paid in 2015. (List Property, plant and equipment in order of land, buildings and equipment. List current assets in reverse order of liquidity.) IFRS 3-2 The Zetar plc’s complete annual report, including the notes to its financial statements, is available in the Investors section at www.zetarplc.com. Describe in which statement each of the following items is reported, and the position in the statement (e.g., current asset).


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