ACC 309 Final Project Student Workbook - Brittany Graham.xlsx - Southern New Hampshire University ACC309 Intermediate Accounting III MILESTONE 1(Due in

ACC 309 Final Project Student Workbook - Brittany Graham.xlsx

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Southern New Hampshire University ACC309 - Intermediate Accounting III 1. 1. 1. Prepare adjusting entries for: Unrealized loss tax issues 2 Calculate pension payouts 2 3 3 Prepare adjusting entries for: Capital leases Pension payouts 4 MILESTONE 1 (Due in Module 3) MILESTONE 2 (Due in Module 5) F Calculate capital lease obligations See rubric for written portion of milestone 1 See rubric for written portion of milestone 2 Adjusting entries Instructions Milestone 1
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Prepare adjusting entries for: Patent Major repair capitalization Complete adjusted trial balance FINAL PROJECT (Due in Module 7) Prepare revised financial statements Prepare a statement of comprehensive income - include on the revised income statement Determine the impact of expansion options on earnings per share See rubric for written portion of the final project
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Southern New Hampshire University ACC309 - Intermediate Accounting III IMPORTANT NOTE: Use the data from this Milestone and begin working on your final presentation due in Week 7 ITEMS TO COMPLETE FOR THIS MILESTONE: GENERAL In preparation of the annual audit, prepare appropriate adjusting entries and post to the trial ba ADJUSTING ENTRIES Prepare adjusting entries for unrealized loss Prepare adjusting entries for tax issues FINANCIAL INFORMATION FOR THIS MILESTONE Comprehensive income items INSTRUCTIONS FOR MILESTONE 1 (Due Week 3) Make sure to completely review the Rubric for Milestone 1 MANAGEMENT BRIEF - Prepare i n a Word document - see the rubric for milestone 1 A. Identify sources of other comprehensive income not included in net income. B. Explain rationale for the inclusion as comprehensive income (as opposed to net income) of nondisc C. Evaluate impacts of company goals and finances for their implications on stockholder equity , using D. Evaluate impacts of company goals and finances for their implications on retained earnings per sha E. Explain the impact of issuing preferred stock or debt for determining changes to equity structures. F. Assess the impact of changes to current tax structure for articulating changes relevant to the compa · Marketable securities on the balance sheet at a cost of $5,500,000 are available-for-sale · Market value at the balance sheet date is $5,235,00 · Prepare the adjusting entry to record the unrealized loss and include in comprehensive inco
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Tax information and implications Stockholder Equity · $1,500 in meal and entertainment expenses show as a permanent difference for tax. Prepar · The company uses straight line depreciation for book and MACRS depreciation for the tax ret · MACRS depreciation was $209,301 higher than book. Prepare the adjusting entry for the de · There have been recent tax structure changes the could impact the company. Peyton Appro beginning of these changes. Peyton provides for taxes at 25% of pretax income (20% Federal, 5% Peyton Approved prides itself on transparency with shareholders and investors. The company has added launched a new marketing campaign, which is estimated to bring in 20,000 new customers over the next 6 m
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  • Balance Sheet, Generally Accepted Accounting Principles, Peyton

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