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                                    ACCOUNTING 2 - Spring 2022

FINAL EXAMINATION PREPARATION:

SEE THE ITEMS WITH THE BIG RED ARROWS BELOW (LIKE THIS

Check back for updates  !

Students may bring to the practice Final Exam(s) and Final Exam (and class quizzes) a reference source consisting of 6 pages in length (on 8-1/2” x 11” standard typing paper - front and back), with notes containing such formulas, notes, etc… as the student deems important. This page, should be updated and modified throughout the entire course by each student. No other resources are allowed.

    A simple calculator may be used in class, and during in class exams. YOU WILLL NEED YOUR COMPUTER TO ACCESS MCGRAW DURING THE FINAL EXAMINATION.

     No other electronic devices may be used. 

     You may wish to bring a small calendar reference for number of days in a month.

SOURCE OF FINAL EXAMINATION QUESTIONS / CONCEPTS WILL BE FROM THE FOLLOWING SOURCES SET FORTH BELOW:  
 THE FOLLOWING ARE OPEN FOR UNLIMITED ATTEMPTS - WITH HIGH POINTS. SO BUILD UP YOUR POINTS WHILE STUDYING FOR THE FINAL. AFTER 4/17/2022 - THESE ITEMS ARE YOUR HOMEWORK ASSIGNMENTS!
CHAPTER 13                    MUST GO TO MCGRAW - AAA CH 13 FINAL PREP  300 POINTS

                                                    Ratio Analysis - use as Flash Card

CHAPTER 14                    MUST GO TO MCGRAW - AAA CH 14 FINAL PREP  300 POINTS
CHAPTER 15                    MUST GO TO MCGRAW - AAA CH 15 FINAL PREP  300 POINTS
CHAPTER 16                    MUST GO TO MCGRAW - AAA CH 16 FINAL PREP  300 POINTS
CHAPTER 17                    MUST GO TO  MCGRAW - AAA CH 17 FINAL PREP  300 POINTS
CHAPTER 18                    MUST GO TO  MCGRAW - AAA CH 18 FINAL PREP  300 POINTS
CHAPTER 19                    MUST GO TO  MCGRAW - AAA CH 19 FINAL PREP  300 POINTS
CHAPTER 20                    MUST GO TO  MCGRAW - AAA CH 20 FINAL PREP  300 POINTS
CHAPTER 21                     MUST GO TO  MCGRAW - AAA CH 21 FINAL PREP  300 POINTS
CHAPTER 22                    MUST GO TO  MCGRAW - AAA CH 22 FINAL PREP  300 POINTS
CHAPTER 23                    MUST GO TO  MCGRAW - AAA CH 23 FINAL PREP  300 POINTS
CHAPTER 24                    MUST GO TO  MCGRAW - AAA CH 24 FINAL PREP  300 POINTS

REVIEW THE ABOVE ITEMS - THEY ARE THE SOURCE OF QUESTIONS / PROBLEMS WHICH WILL BE ON THE FINAL. THE ABOVE ARE ALSO YOUR HOMEWORK FOR THE WEEKS BEFORE THE FINAL!

 

 

CH 13

CH 13 Power Point  Chapter 13 outline - word version - Mcgraw Chapter 13 Alternate  Demonstration Problem Mcgraw
     
Power Point Aids - below   Ratio Analysis - use as Flash Card
CH 13 - EXAM PREP  In Class and study    

CH 14 

CH 14 Power Point  Chapter 14 outline - word version - Mcgraw Chapter 14 Alternate  Demonstration Problem Mcgraw
     
Power Point Aids - below    
CH 14 - EXAM PREP; In Class and study    

CH 15 

CH 15 Power Point  Chapter 15 outline - word version - Mcgraw Chapter 15 Alternate  Demonstration Problem Mcgraw
     
Power Point Aids - below    
CH 15 -EXAM PREP;  In Class and study    

 

CH 16 

CH 16 Power Point  Chapter 16 outline - word version - Mcgraw Chapter 16 Alternate  Demonstration Problem Mcgraw
  Process Costing Weighted Average - overview Slide  
  Process Costing Fifo - overview Slide  
Power Point Aids - below    
CH 16 - EXAM PREP; In Class and study    
     
 "SUCCESS IS NOT FINAL. FAILURE IS NOT FATAL. IT IS THE COURAGE TO CONTINUE THAT COUNTS." WINSTON CHURCHILL.

CH 17 

CH 17 Power Point  Chapter 17 outline - word version - Mcgraw Chapter 17 Alternate  Demonstration Problem Mcgraw
     
Power Point Aids - below    
     
     
CH 17 - EXAM PREP NO 2, IN CLASS AND STUDY    

CH 18 

CH 18 Power Point  Chapter 18 outline - word version - Mcgraw   Mcgraw formating error -waiting for response.

Chapter 18 outline - pdf scanned to fix Mcgraw formatting problem

Chapter 18 Alternate  Demonstration Problem Mcgraw  Mcgraw formating error - waiting for response
  Some Notes Pages:  
Power Point Aids - below Contribution Margin Break Even Formulas  
  Profit Equation  
CH 18 - EXAM PREP NO 1, IN CLASS AND STUDY summary formulas Components of Product Costs  
     
     

CH 19 

CH 19 Power Point  Chapter 19 outline - word version - Mcgraw Chapter 19 Alternate  Demonstration Problem Mcgraw
     
Power Point Aids - below    
z-PP CH 19 pages 9 10 11 Absorption and Variable Costing    
     
     

CH 20 

CH 20 Power Point  Chapter 20 outline - word version - Mcgraw Chapter 20 Alternate  Demonstration Problem Mcgraw
     
Power Point Aids - below    
     

CH 21 

CH 21 Power Point  Chapter 21 outline - word version - Mcgraw Chapter 21 Alternate  Demonstration Problem Mcgraw
     
Power Point Aids - below    
     

CH 22 

CH 22 Power Point  Chapter 22 outline - word version - Mcgraw Chapter 22 Alternate  Demonstration Problem Mcgraw
     
Power Point Aids - below    
     

 

CH 23 

CH 23 Power Point  Chapter 23 outline - word version - Mcgraw Chapter 23 Alternate  Demonstration Problem Mcgraw
CH 23 - EXAM PREP  IN CLASS AND STUDY    
Power Point Aids - below    
 

 

   

 

CH 24 

CH 24 Power Point     
see top of page for chapter 24 final exam prep    
Power Point Aids - below    
 

 

   

 

===============================END=================================

 

 

 

ACCOUNTING I - FALL 2021

Power Points  (BE SURE TO STUDY WITH THE "NOTES VIEW" OPEN):

Below are some study aids for you.

FINAL EXAMINATION:

FINAL EXAMINATION PREPARATION:

SEE THE ITEMS WITH THE BIG RED ARROWS BELOW (LIKE THIS

Check back for updates  !

Students may bring to the practice Final Exam(s) and Final Exam (and class quizzes) a reference source consisting of 6 pages in length (on 8-1/2” x 11” standard typing paper - front and back), with notes containing such formulas, notes, etc… as the student deems important. This page, should be updated and modified throughout the entire course by each student. No other resources are allowed.

    A simple calculator may be used in class, and during in class exams (and non in class exams).  

     No other electronic devices may be used. 

     You may wish to bring a small calendar reference for number of days in a month.

SOURCE OF FINAL EXAMINATION QUESTIONS / CONCEPTS WILL BE FROM THE FOLLOWING SOURCES SET FORTH BELOW:

BE ABLE TO ACTUALLY WORK THE PROBLEM TYPES. You can use copies which are here or go to Mcgraw.

THIS IS UPDATED AS OF 12/06/2021  for all source material for the final examination.

 

MUST GO TO  MCGRAW - ZZZ FINAL EXAM QUESTION POOL #1 - low points - it is for you to practice.

 

MUST GO TO  MCGRAW - ZZZ FINAL EXAM QUESTION POOL   # 2 - low points - it is for you to practice.

 

PLUS ON MCGRAW THE FOLLOWING (OR YOU CAN STUDY FROM THE COPIES LINKED HERE:

ZZ CH 4 ADDITIONAL COPY HERE

ZZ CH 5 ADDITIONAL COPY HERE

 ZZ CH 6 ADDITIONAL COPY HERE

ZZ CH 7 ADDITIONAL COPY HERE

 ZZ CH 8 ADDITIONAL COPY HERE

 

ABOVE IS THE END OF THE FINAL EXAM QUESTION POOLS AS OF 12/06/2021
     

STUDY AIDS:

CH 1 

CH 1 Power Point  Chapter 1 outline - word version - Mcgraw  
     
Power Point Aids - below    
     

CH 2 

CH 2 Power Point Chapter 2 outline - word version - Mcgraw Chapter 2 Demonstration Problem
     
Power Point Aids - below    
     

CH 3

CH 3 Power Point Chapter 3 outline - word version - Mcgraw Chapter 3 Demonstration Problem
    Chapter 3 Assessment Problem #1 with solution
Power Point Aids - below    
     

CH 4

          ACCOUNTING EQUATION -  IMAGE (jpg) AND EXPLANATION - HERE

CH 4 Power Point Chapter 4 outline - word version - Mcgraw Chapter 4 Demonstration Problem
Power Point Aids - below    
Page 27 - Sales without Discounts Page 31 Sales with Returns NOT defective  Page 36 Closing Entries for Merchandisers
Page 29 - Sales with Discounts Page 32 buyer granted allowance for defective goods  
PAGE 37A  MERCH ENTRIES SALES.  GROSS METHOD- DISCOUNTS   Page 21 TRANSPORATION COSTS - PURCHASES FOB SHIP PT / FOB DESTINATION
PAGE 37 MERCH ENTRIES PURCHASES. GROSS METHOD - DISCOUNTS    
Cash Discouts: Supplements

#1 - summary and examples

#2 -T accounts

   
     

CH 5    INVENTORIES AND COST OF SALES

CH 5 Power Point   Chapter 5 outline - word version - Mcgraw Chapter 5 Demonstration Problem
Power Point Aids - below    
Fifo-Lifo  Example problem  
Page 5 Goods in Transit Page 32 - Lower of Cost or Market Page 50 Inventory Estimation - Cost Retail Inventory Method
Page 10 Inventory cost methods Fifo flow Lifo Flow   Page 50 A Inventory Estimation Gross Profit Method

CH 6    CASH, FRAUD, AND INTERNAL CONTROL

CH 6 Power Point Chapter 6 outline - word version - Mcgraw Chapter 6 Demonstration Problem
Power Point Aids - below    
Problem & Solution - petty cash Problem & solution - Bank Stmt Reconciliation  
Power Point Aids - below:    
Page 24 - petty cash / short / over page 32- 35 petty cash; set up; reimburse; increase; decrease Page 36 - petty cash short / over

   

CH 7   ACCOUNTING FOR RECEIVABLES:

CH 7 Power Point Chapter 7 outline - word version - Mcgraw Chapter 7 Demonstration Problem
     
Power Point Aids - below    
Sales on Credit - page 5 Credit Card Sales page 7  
Direct Write Off - Bad Debt Page 10 Direct Write Off - Bad Debt Recovery Page 11 Allowance Method - Bad Debts Pages 14 - 19

CH 8    ACCOUNTING FOR LONG - TERM ASSETS

CH 8 Power Point Chapter 8 outline - word version - Mcgraw Chapter 8 Demonstration Problem
     
Power Point Aids - below    
     

CH 9     ACCOUNTING FOR CURRENT LIABILITIES

CH 9 Power Point Chapter 9 outline - word version - Mcgraw  
     
Power Point Aids - below    

CH 10    ACCOUNTING FOR LONG-TERM LIABILITIES

CH 10 Power Point Chapter 10 outline - word version - Mcgraw  
     
Power Point Aids:   Present Value PP page 29 - comparison of tables B1 and B3 to determine PV
  Overview - Bond Disc  / Prem  Present Value  PP page 29
  PP pages 14-17 Bond Discount S/L amortization  Time Value Tables  B1  B2
  PP pages 18-23 Bond Premium S/L amortizationn Time Value Tables B3  B4
  PP page 45 Effective Interest Amortization Bond Discount  
     

CH 11

CH 11 Power Point Chapter 11 outline - word version - Mcgraw Chapter 11 Demonstration Problem
Power Point Aids    
  Issuing Stock pages 13-19  

CH 12

CH 12 Power Point Chapter 12 outline - word version - Mcgraw Chapter 12 Demonstration Problem
     

===================================================

Prior references for sources of exam questions - ignore as of 11/30/2021  
ZZ-CH 1-1 QUIZ COPY HERE CH 6 ASSESSMENT  COPY HERE
ZZ CH  1    QUIZ COPY HERE ZZ CH 6 ADDITIONAL COPY HERE
CH 1 ASSESSMENT COPY HERE Chapter 6 Demonstration Problem
   
ZZ CH 2-1 QUIZ CH 7 ASSESSMENT  COPY HERE
CH  2 ASSESSMENT ZZ CH 7 ADDITIONAL COPY HERE
Chapter 2 Demonstration Problem Chapter 7 Demonstration Problem
   
ZZ CH 3-1 QUIZ CH 8 ASSESSMENT COPY HERE
CH 3 ASSESSMENT ZZ CH 8 ADDITIONAL COPY HERE
Chapter 3 Demonstration Problem Chapter 8 Demonstration Problem
   
CH 4 ASSESSMENT  COPY HERE CH 9
ZZ CH 4 ADDITIONAL COPY HERE  
Chapter 4 Demonstration Problem  
   
CH 5 ASSESSMENT CH 10
ZZ CH 5 ADDITIONAL COPY HERE  
Chapter 5 Demonstration Problem  

 

===================================================

Accounting II - Power Points (Spring 2021)

Ch 14

Ch 15

Ch 16

    Process Costing Weighted Average - overview Slide

    Process Costing Fifo - overview Slide

Ch 17

Ch 18

CH 19

CH 20

CH 21

Costing Accounting (Spring 2021

Ch 1

Ch 2

Ch 3

Ch 4

Ch 5

CH 6

CH 7

CH 8

 

END - CURRENT SEMESTER INFORMATION

 

 

 

 

    ------------

 

 

 

Accounting I - Power Points:

Ch 1

Ch 2

Ch 3

Ch 4

Ch 5    Plus - in class:  Fifo-Lifo     Example problem

Ch 6

Ch 7

Ch 8

Ch 9

Ch 10

Append B - Time Value

 

Intermediate III - Power Points:

Ch 15

Ch 16

Ch 17

Ch 18

Ch 19

Ch 20

Ch 21

 

 

  ===================================