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ACC 291 Week 3 Reflection Summary

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Oct 22nd, 2014
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  1. ACC 291 Week 3 Reflection Summary
  2. Click this link Now for Complete Course - http://entire-courses.com/ACC-291-Week-3-Reflection-Summary
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  5. In the file ACC 291 Week 3 Reflection Summary you will find overview of the following parts:
  6.  
  7.  
  8. Calculating stock, dividends, and stock splits
  9. Differentiate types of stocks issued by corporations.
  10. Reference
  11.  
  12. Business - Accounting
  13. ACC 291 All Week 3 Assignments - Individual WileyPlus Assignment
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  17. Includes:
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  19. Week 3 Chapter 11 practice quiz 1
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  21. Week 3 Chapter 12 Practice quiz 1
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  23. Week 3 reflection summary
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  25. Week 3 Discussion questions 1 and 2
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  27. Week 3 Individual WileyPlus assignment as described below:
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  31. Exercise E9-7
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  33. Brainiac Company purchased a delivery truck for $30,000 on January 1, 2011. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2011 and 12,000 in 2012. 
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  35. Exercise E10-5
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  37. Don Walls's gross earnings for the week were $1,780, his federal income tax withholding was $301.63, and his FICA total was $135.73.
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  39. Exercise E10-10
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  41. On January 1, Neuer Company issued $500,000, 10%, 10-year bonds at par. Interest is payable semiannually on July 1 and January 1
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  43. Exercise E10-11
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  45. On January 1, Flory Company issued $300,000, 8%, 5-year bonds at face value. Interest is payable semiannually on July 1 and January 1
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  47. Exercise E10-15
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  49. Leoni Co. receives $240,000 when it issues a $240,000, 10%, mortgage note payable to finance the construction of a building at December 31, 2011. The terms provide for semiannual installment payments of $20,000 on June 30 and December 31
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  51. Exercise E10-18
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  53. Hrabik Corporation issued $600,000, 9%, 10-year bonds on January 1, 2011, for $562,613. This price resulted in an effective-interest rate of 10% on the bonds. Interest is payable semiannually on July 1 and January 1. Hrabik uses the effective-interest method to amortize bond premium or discount
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  55. Problem P10-5A
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  57. Fordyce Electronics issues a $400,000, 8%, 10-year mortgage note on December 31, 2010. The proceeds from the note are to be used in financing a new research laboratory. The terms of the note provide for semiannual installment payments, exclusive of real estate taxes and insurance, of $29,433. Payments are due June 30 and December 31
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  59. Problem P10-9A
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  61. Elkins Company sold $2,500,000, 8%, 10-year bonds on July 1, 2011. The bonds were dated July 1, 2011, and pay interest July 1 and January 1. Elkins Company uses the straight-line method to amortize bond premium or discount. Assume no interest is accrued on June 30
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  63. Study every day. Even though you may find other things to do, make sure to find time to study. Working study time into your daily schedule is critical to your success and can save you from performing poorly. Study every day, whether you need to or not. It gets you in the habit of doing it.
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