Part 1: 3-4 sentences
Define the terms assets, liabilities, and owner’s equity.
Part 2:
Respond to the attached 2 classmates discussion post. 1-2 sentences.
Part 1: 3-4 sentences
Define the terms assets, liabilities, and owner’s equity.
Part 2:
Respond to the attached 2 classmates discussion post. 1-2 sentences.
Listen ACC 201 Milestone Two Guidelines and Rubric Overview In Milestone One, you completed the first part of your course project to demonstrate your ability to accurately record financial data. In Milestone Two, you will use your trial balance results from Milestone One to create financial statements. These financial statements will be part of the Summary Report that you will present to your employer in Module Seven. Scenario You were recently hired as an entry-level bookkeeper for a service corporation that just opened this month. Your first task is to record business transactions for its first month using the source documents and transaction data the company will provide to you. This corporation hasnt set up its computerized accounting system yet, so you will apply the accounting cycle to record transactions and generate financial reporting results for the organization in Microsoft Excel. Directions Financial Statements: Use the account balances from the Trial Balance generated through the recording process in Milestone One to prepare the income statement, statement of stockholders equity, and balance sheet for the company. Then close temporary account balances using closing entries in the final step. Be certain to revisit any feedback received from Milestone One and make necessary corrections to ensure that statements are completed with accurate balance information. You may refer to the blank Company Accounting Workbook Template if necessary, but keep in mind that your work for this milestone should be added to the work that was completed in your workbook for the previous milestone. You should also implement any feedback that was given to you during Milestone One. Specifically, you must address the following rubric criteria: Income Statement: Prepare the income statement using the adjusted trial balance. Statement of Stockholders Equity: Prepare the statement of stockholders equity using the adjusted trial balance. Balance Sheet Assets: Prepare the balance sheet assets using the adjusted trial balance. Balance Sheet Liabilities: Prepare the balance sheet liabilities using the adjusted trial balance. Closing Entries: Complete the Closing Entries tab of the Company Accounting Workbook by closing all temporary income statement amounts to create closing entries. What to Submit Build on your work from Milestone One to complete the Income Statement, Statement of Stockholder’s Equity, Balance Sheet, and Closing Entries tabs in your Company Accounting Workbook Template. This should be completed and submitted using Microsoft Excel. Refer to the video walkthrough linked below for additional assistance with your submission Use the Excel spreadsheet done prior to help with new assignment
All business analysts have been asked to draft a consulting report for an upcoming town hall with Ms. Ann Hernandez, the CEO of the health and beauty company you work for. The purpose of this report is to explain the organizational structure and management style of one global company chosen from a list, to analyze its CSR success stories, and to apply its best practices in your company. To begin, you will select a company from the document. Next, visit the webpage links provided for the company and identify the various functional areas in the company and its approach to CSR. You may also conduct research of your chosen company using the Wall Street Journal resource located in the module Resources, or the SNHU MBA Library Guide.
Your task is to draft a consulting report for your CEO. Your report should include the following information:
The reports will be shared with your CEO. Clear communication is an important facet of management, so please check your proposal for correct spelling and grammar.
In a Word document, use double-spacing, 12-point Times New Roman font, and one-inch margins. This consulting report should be 2 pages in length and include references cited in APA format. Consult the for more information on citations.
| Criteria | Exceeds Expectations (100%) | Meets Expectations (90%) | Partially Meets Expectations (70%) | Does Not Meet Expectations (0%) | Value |
|---|---|---|---|---|---|
| Differences Between Functional Areas, Departments, or Business Units | Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner | Defines and differentiates functional areas, departments, or business units | Shows progress toward meeting expectations, but with errors or omissions; areas for improvement may include identifying one difference among functional areas, departments, or business units | Does not attempt criterion | 40 |
| Interconnectedness of Various Functional Areas, Departments, or Business Units | Exceeds expectations in an exceptionally clear, insightful, sophisticated, or creative manner | Clearly analyzes how various functional areas, departments, or business units function together | Shows progress toward meeting expectations, but with errors or omissions; areas for improvement may include explaining how business units should effectively align their efforts | Does not attempt criterion | 40 |
| Clear Communication | Exceeds expectations with an intentional use of language that promotes a thorough understanding | Consistently and effectively communicates in an organized way to a specific audience | Shows progress toward meeting expectations, but communication is inconsistent or ineffective in a way that negatively impacts understanding | Shows no evidence of consistent, effective, or organized communication | 20 |
| Total: | 100% | ||||
NO AI & NO PLAIGIARISM
Requirements: 2 pages, times new roman, 12 pt font, double spaced
Prepared 3 tax returns on the taxSlayer site:
The Scenarios are:
Advanced Scenario 7 – begins on page 81 in Form 6744 (Martin & Yvette Willis)
Advanced Scenario 8 – begins on page 92 in Form 6744 (Jocelyn Jones)
Advanced Scenario 9 – begins on page 106 in Form 6744 (Carl Graves)
Attached Files (PDF/DOCX): ACC 350 IRS Form 6744.pdf
Note: Content extraction from these files is restricted, please review them manually.
In this project, you will demonstrate your mastery of the following competency:
For this project, you will focus on work as a volunteer for the Volunteer Income Tax Assistance (VITA) program. By using your knowledge of tax guidelines, the codification, and the regulations, youve assisted clients by preparing tax returns specific to the VITA program, and you have communicated vital information to clients with diverse financial backgrounds.
You are a volunteer income tax assistant (VITA volunteer) in a local community service organization. Your site coordinator is putting together a training program and has tasked you with developing training materials. You will create a slide presentation to assist the site coordinator with offering informational sessions to potential VITA volunteers based on your experience.
Create and present an engaging, informative presentation on the VITA volunteer role. Explain how the intake and review process is vital to preparing accurate tax returns for VITA clients and showcase how VITA volunteers communicate with clients. Your presentation should be 47 minutes in length, including 510 slides (not including your title and references slides), and you should provide speaker notes within the presentation for each slide.
Specifically, you must address the following rubric criteria:
To complete this project, you must submit three elements as follows:
Part 1: Project Two VITA Slide Presentation
Use the to create a 510 slide presentation using Microsoft PowerPoint. The title and reference pages are not included in the total slide count requirement. Sources should be cited in APA style.
Part 2: VITA Slide Presentation Speaker Notes (Transcript)
Submit a Word document of speaker notes covering the VITA slide presentation. Utilize resources found in the Supporting Materials section for assistance in converting speaker notes within the PowerPoint presentation to a Word document.
Please use my information below as well:
College of Business Administration at LMU Los Angeles, CA
CBA Advantage Ambassador & Program Assistant February 2025 Present
Supporting student engagement programs and events, including reviewing and approving requests
for all CBA students.
Managing and routing student inquiries to appropriate departments to improve response time and
office efficiency.
Performing administrative and clerical support for UPSE staff, including document preparation,
copying, collating, and filing.
Frame 2000 Los Angeles, CA
Operations & Client Support Associate February 2020 Present
Providing timely, solution-oriented support by addressing client needs and guiding them on
available products and services.
Building strong client relationships through clear communication and need-based
recommendations, contributing to 2-3% increase in annual revenue.
Accurately processed transactions by verifying purchases, managing payments, and ensuring
compliance with cash-handling and in-store credit procedures.
Telikos Law Corporation Los Angeles, CA
Legal Intern January 2021 August 2023
Conducted detailed research to support compliance, policy interpretation, and internal
documentation needs.
Coordinated meetings and deadlines, facilitating clear communication and supporting efficient,
organized workflows.
Maintained organized, confidential case files and documentation, supporting accurate record
keeping and adherence to internal procedures.
VOLUNTEER & COMMUNITY ENGAGEMENT
Accounting Society Los Angeles, CA
Spring Vice President July 2025 Current
Coordinating member engagement, assisting with general society activities, and supporting
organizational planning initiatives
Organizing the Accounting Societys Annual Spring Banquet, managing coordination for 250+
attendees
Iranian Student Association Los Angeles, CA
Social Media Manager August 2025 Current
Managing and developing content for multiple social media platforms to promote events and general
meetings
Increasing student engagement online while supporting the coordination and execution of society
activities
CERTIFICATIONS
Microsoft Office Specialist: Excel Associate (Excel and Excel 2019)
The Future of AI for Finance and Accounting
VITA/TCE Certification
instructions in screenshot
the company is Cummins
Requirements: Long enough
Computer Based Assignment
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Chapter 3 |
Reinforce Your Skills EA3-R1 |
Lab Assignment |
12:00 AM 01/01/2026 |
11:59 PM 02/09/2026 |
— |
Submit Assignment |
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Chapter 3 |
Reinforce Your Skills EA3-R2 |
Lab Assignment |
12:00 AM 01/01/2026 |
11:59 PM 02/09/2026 |
— |
Submit Assignment |
— |
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Chapter 3 |
Apply Your Skills EA3-A1 |
Project |
12:00 AM 01/01/2026 |
11:59 PM 02/13/2026 |
— |
Submit Assignment |
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Chapter 3 |
Apply Your Skills EA3-A2 |
Project |
12:00 AM 01/01/2026 |
11:59 PM 02/13/2026 |
— |
Submit Assignment |
— |
4 Assignments on elab, log in will be provided
Intro to Federal Taxation
Quiz
Advanced Accounting Homework
Chapter 1 Homework Assignment Questions
Exercise 1- 1 . Estimating Goodwill and Potential Offering Price.
Plantation Homes Company is considering the acquisition of Condominiums, Inc. early in 2020.
To assess the amount it might be willing to pay, Plantation Homes makes the following
computations and assumptions.
A. Condominiums, Inc. has identifiable assets with a total fair value of $15,000,000 and lia-
bilities of $8,800,000. The assets include office equipment with a fair value approximating book
value, buildings with a fair value 30% higher than book value, and land with a fair value 75%
higher than book value. The remaining lives of the assets are deemed to be approximately equal
to those used by Condominiums, Inc.
B. Condominiums, Inc.s pretax incomes for the years 2017 through 2019 were $1,200,000,
$1,500,000, and $950,000, respectively. Plantation Homes believes that an average of these
earnings represents a fair estimate of annual earnings for the indefinite future. However, it may
need to consider adjustments to the following items included in pre- tax earnings:
Depreciation on buildings (each year)
$ 960,000
Depreciation on equipment (each year)
50,000
Extraordinary loss (year 2019)
300,000
Sales commissions (each year)
250,000
C. The normal rate of return on net assets for the industry is 15%
Required:
A.
Assume further that Plantation Homes feels that it must earn a 25% return on its
investment and that goodwill is determined by capitalizing excess earnings. Based on
these assumptions, calculate a reasonable offering price for Condominiums, Inc. Indicate
how much of the price consists of goodwill. Ignore tax effects.
B.
B. Assume that Plantation Homes feels that it must earn a 15% return on its investment,
but that average excess earnings are to be capitalized for three years only. Based on these
assumptions, calculate a reasonable offering price for Condominiums, Inc. Indicate how
much of the price consists of goodwill. Ignore tax effects.
Exercise 1- 2: Estimating Goodwill and Valuation
Alpha Company is considering the purchase of Beta Company. Alpha has collected the
following data about Beta:
Beta Company
Estimated
Book Value
Market Value
Total identifiable assets
$585,000
$750,000
Total liabilities
320,000
320,000
Owners equity
$265,000
Cumulative total net cash earnings for the past five years of $850,000 includes extraordinary
cash gains of $67,000 and nonrecurring cash losses of $48,000.
Alpha Company expects a return on its investment of 15%. Assume that Alpha prefers to use
cash earnings rather than accrual-based earnings to estimate its offering price and that it
estimates the total valuation of Beta to be equal to the present value of cash-based earnings
(rather than excess earnings) discounted over five years. (Goodwill is then computed as the
amount implied by the excess of the total valuation over the identifiable net assets valuation.)
Required:
A.
Compute (a) an offering price based on the information above that Alpha might be
willing to pay and (b) the amount of goodwill included in that price.
B.
Compute the amount of goodwill actually recorded, assuming the negotiations result in a
final purchase price of $625,000 cash.
Exercise 1-3: Estimated and Actual Goodwill
Passion Company is trying to decide whether or not to acquire Desiree Inc. The following
balance sheet for Desiree Inc. provides information about book values. Estimated market values
are also listed, based upon Passion Companys appraisals.
Desiree Inc.
Desiree Inc
Book Value
Market Value
Current assets
$260,000
$260,000
Property, plant & equipment (net)
650,000
740,000
Total assets
$910,000
$1,000,000
Total liabilities
$400,000
$400,000
Common stock, $10 par value
160,000
Retained earnings
350,000
Total liabilities and equities
$910,000
Passion Company expects that Desiree will earn approximately $150,000 per year in net income
over the next five years. This income is higher than the 12% annual return on tangible assets con-
sidered to be the industry norm.
Required:
A.
Compute an estimation of goodwill based on the information above that Passion might be
willing to pay (include in its purchase price), under each of the following additional
assumptions:
(1) Passion is willing to pay for excess earnings for an expected life of five years
(undiscounted).
2) Passion is willing to pay for excess earnings for an expected life of five years, which should
be capitalized at the industry normal rate of return.
(3) Excess earnings are expected to last indefinitely, but Passion demands a higher rate of return
of 20% because of the risk involved.
B.
Comment on the relative merits of the three alternatives in part (A) above.
C.
Determine the amount of goodwill to be recorded on the books if Passion pays $800,000
cash and assumes Desirees liabilities.
Business Law II
PLEASE READ CHAPTERS 19 AND 20 AND REVIEW THE POWER POINTS UNDER COURSE POWER POINTS AND SYLLABUS
The assignments will use your text, power points and online research.
All submissions need to be organized and labeled by question, separated with bold headings, not just lumped into one paragraph.
YOU WILL HAVE TWO WEEKS TO COMPLETE ASSIGNMENTS COVERING TWO CHAPTERS,
ONE WEEK TO COMPLETE ASSIGNMENTS COVERING ONE CHAPTER
MANAGE YOUR TIME ACCORDINGLY
FOR CHAPTER 19
1. PLEASE ANSWER QUESTION 8 on page 385 & Taking Sides on page 388 (17th Edition)
8 on page 391 & Taking Sides on page 394 (18th Edition)
2. Describe an Agencyxthat you have encountered, examples may include Real Estate Agent, Insurance Agent, Talent Agent, Managing Agent, Sales Agent, Rental Agents etc.
a. What isxthe role of that agent, who is thexPrincipal?
b. Thinking back, who was that agent loyal to?
c. Did the transaction go well?
3. SUMMARIZE Any TWO CASES AT THE END OF THE CHAPTER AS FOLLOWS: (one paragraph for each section below (1-4) for each case )
(For a review look at page 12 of your textbook and the samples in the announcements)
This will be the format for all assignment cases due this Session!
FULL CREDIT WILL ONLY BE RECEIVED FOR PROPERLY SUMMARIZED CASES.
FORMAT:
2 THE ISSUE AT THE LAW THE COURT IS CONSIDERING
3. HOW THE LAW WAS APPLIED IN THIS CASE
4. CONCLUSION OF THE COURT
To review how to brief a case please see the end of chapter 1 of your text book for a sample.
SAMPLE CASE SUMMARIES ARE IN THE ANNOUNCEMENTS. Pay careful attention to the instructions on briefing a case as this is the format that is required for all chapters this semester. Always cite all references that you use to complete the assignments!!
FOR CHAPTER 20
|
** Reminder- All work is submitted through safe-assign, you can review your safe-assign similarity score. Cutting and Pasting from websites, or copying from any student will not be tolerated.
(For this assignment you will have two weeks to complete)
Discussion board
Please read through the links above:
Using what you have learned in Chapters 19&20 , who is liable and how? How high does the liability spread in these cases?
Comment on at least one peer
Reply to this
The court examines the relationship by projecting on the degree control the employer has over its employees, how work is done, financial control and the economic reality of relationship.PLEASE READ CHAPTER 30 AND REVIEW POWER POINTS.
1. PLEASE SUMMARIZE ANY ONE CASE IN THE PROPER FORMAT (cases begin on page 636 17th ed, 639 18th ed )
2.ANSWER THE FOLLOWING QUESTIONS:
a. Explain the properties all of the forms of business associations from sole proprietor to s-corp, in the chapter.
(list in an organized fashion and explain each in one sentence)
General Partnership
Limited Partnership
Limited Liability Company (LLC)
Limited Liability Partnership(LLP)
Corporation
b. Below are the 5 factors we need to consider in order to choose the right form for our business.
Explain how any three of the below affect our decision on which business form to use. (one sentence each)
-Transferability
-Liability
-Control
-Continuity
-Taxation
3. A close family member is asking for your advice regarding opening a Daycare
a. Which form of business association would you choose and why?
b. What are the potential liability pitfalls you could encounter (what could you get sued for)?
Requirements: stated
Computer Based Assignment
|
Chapter 3 |
Reinforce Your Skills EA3-R1 |
Lab Assignment |
12:00 AM 01/01/2026 |
11:59 PM 02/09/2026 |
— |
Submit Assignment |
— |
|
Chapter 3 |
Reinforce Your Skills EA3-R2 |
Lab Assignment |
12:00 AM 01/01/2026 |
11:59 PM 02/09/2026 |
— |
Submit Assignment |
— |
|
Chapter 3 |
Apply Your Skills EA3-A1 |
Project |
12:00 AM 01/01/2026 |
11:59 PM 02/13/2026 |
— |
Submit Assignment |
— |
|
Chapter 3 |
Apply Your Skills EA3-A2 |
Project |
12:00 AM 01/01/2026 |
11:59 PM 02/13/2026 |
— |
Submit Assignment |
— |
4 Assignments on elab, log in will be provided
Intro to Federal Taxation
Quiz
Advanced Accounting Homework
Chapter 1 Homework Assignment Questions
Exercise 1- 1 . Estimating Goodwill and Potential Offering Price.
Plantation Homes Company is considering the acquisition of Condominiums, Inc. early in 2020.
To assess the amount it might be willing to pay, Plantation Homes makes the following
computations and assumptions.
A. Condominiums, Inc. has identifiable assets with a total fair value of $15,000,000 and lia-
bilities of $8,800,000. The assets include office equipment with a fair value approximating book
value, buildings with a fair value 30% higher than book value, and land with a fair value 75%
higher than book value. The remaining lives of the assets are deemed to be approximately equal
to those used by Condominiums, Inc.
B. Condominiums, Inc.s pretax incomes for the years 2017 through 2019 were $1,200,000,
$1,500,000, and $950,000, respectively. Plantation Homes believes that an average of these
earnings represents a fair estimate of annual earnings for the indefinite future. However, it may
need to consider adjustments to the following items included in pre- tax earnings:
Depreciation on buildings (each year)
$ 960,000
Depreciation on equipment (each year)
50,000
Extraordinary loss (year 2019)
300,000
Sales commissions (each year)
250,000
C. The normal rate of return on net assets for the industry is 15%
Required:
A.
Assume further that Plantation Homes feels that it must earn a 25% return on its
investment and that goodwill is determined by capitalizing excess earnings. Based on
these assumptions, calculate a reasonable offering price for Condominiums, Inc. Indicate
how much of the price consists of goodwill. Ignore tax effects.
B.
B. Assume that Plantation Homes feels that it must earn a 15% return on its investment,
but that average excess earnings are to be capitalized for three years only. Based on these
assumptions, calculate a reasonable offering price for Condominiums, Inc. Indicate how
much of the price consists of goodwill. Ignore tax effects.
Exercise 1- 2: Estimating Goodwill and Valuation
Alpha Company is considering the purchase of Beta Company. Alpha has collected the
following data about Beta:
Beta Company
Estimated
Book Value
Market Value
Total identifiable assets
$585,000
$750,000
Total liabilities
320,000
320,000
Owners equity
$265,000
Cumulative total net cash earnings for the past five years of $850,000 includes extraordinary
cash gains of $67,000 and nonrecurring cash losses of $48,000.
Alpha Company expects a return on its investment of 15%. Assume that Alpha prefers to use
cash earnings rather than accrual-based earnings to estimate its offering price and that it
estimates the total valuation of Beta to be equal to the present value of cash-based earnings
(rather than excess earnings) discounted over five years. (Goodwill is then computed as the
amount implied by the excess of the total valuation over the identifiable net assets valuation.)
Required:
A.
Compute (a) an offering price based on the information above that Alpha might be
willing to pay and (b) the amount of goodwill included in that price.
B.
Compute the amount of goodwill actually recorded, assuming the negotiations result in a
final purchase price of $625,000 cash.
Exercise 1-3: Estimated and Actual Goodwill
Passion Company is trying to decide whether or not to acquire Desiree Inc. The following
balance sheet for Desiree Inc. provides information about book values. Estimated market values
are also listed, based upon Passion Companys appraisals.
Desiree Inc.
Desiree Inc
Book Value
Market Value
Current assets
$260,000
$260,000
Property, plant & equipment (net)
650,000
740,000
Total assets
$910,000
$1,000,000
Total liabilities
$400,000
$400,000
Common stock, $10 par value
160,000
Retained earnings
350,000
Total liabilities and equities
$910,000
Passion Company expects that Desiree will earn approximately $150,000 per year in net income
over the next five years. This income is higher than the 12% annual return on tangible assets con-
sidered to be the industry norm.
Required:
A.
Compute an estimation of goodwill based on the information above that Passion might be
willing to pay (include in its purchase price), under each of the following additional
assumptions:
(1) Passion is willing to pay for excess earnings for an expected life of five years
(undiscounted).
2) Passion is willing to pay for excess earnings for an expected life of five years, which should
be capitalized at the industry normal rate of return.
(3) Excess earnings are expected to last indefinitely, but Passion demands a higher rate of return
of 20% because of the risk involved.
B.
Comment on the relative merits of the three alternatives in part (A) above.
C.
Determine the amount of goodwill to be recorded on the books if Passion pays $800,000
cash and assumes Desirees liabilities.
Business Law II
PLEASE READ CHAPTERS 19 AND 20 AND REVIEW THE POWER POINTS UNDER COURSE POWER POINTS AND SYLLABUS
The assignments will use your text, power points and online research.
All submissions need to be organized and labeled by question, separated with bold headings, not just lumped into one paragraph.
YOU WILL HAVE TWO WEEKS TO COMPLETE ASSIGNMENTS COVERING TWO CHAPTERS,
ONE WEEK TO COMPLETE ASSIGNMENTS COVERING ONE CHAPTER
MANAGE YOUR TIME ACCORDINGLY
FOR CHAPTER 19
1. PLEASE ANSWER QUESTION 8 on page 385 & Taking Sides on page 388 (17th Edition)
8 on page 391 & Taking Sides on page 394 (18th Edition)
2. Describe an Agencyxthat you have encountered, examples may include Real Estate Agent, Insurance Agent, Talent Agent, Managing Agent, Sales Agent, Rental Agents etc.
a. What isxthe role of that agent, who is thexPrincipal?
b. Thinking back, who was that agent loyal to?
c. Did the transaction go well?
3. SUMMARIZE Any TWO CASES AT THE END OF THE CHAPTER AS FOLLOWS: (one paragraph for each section below (1-4) for each case )
(For a review look at page 12 of your textbook and the samples in the announcements)
This will be the format for all assignment cases due this Session!
FULL CREDIT WILL ONLY BE RECEIVED FOR PROPERLY SUMMARIZED CASES.
FORMAT:
2 THE ISSUE AT THE LAW THE COURT IS CONSIDERING
3. HOW THE LAW WAS APPLIED IN THIS CASE
4. CONCLUSION OF THE COURT
To review how to brief a case please see the end of chapter 1 of your text book for a sample.
SAMPLE CASE SUMMARIES ARE IN THE ANNOUNCEMENTS. Pay careful attention to the instructions on briefing a case as this is the format that is required for all chapters this semester. Always cite all references that you use to complete the assignments!!
FOR CHAPTER 20
|
** Reminder- All work is submitted through safe-assign, you can review your safe-assign similarity score. Cutting and Pasting from websites, or copying from any student will not be tolerated.
(For this assignment you will have two weeks to complete)
Discussion board
Please read through the links above:
Using what you have learned in Chapters 19&20 , who is liable and how? How high does the liability spread in these cases?
Comment on at least one peer
Reply to this
The court examines the relationship by projecting on the degree control the employer has over its employees, how work is done, financial control and the economic reality of relationship.
Requirements: stated
Audit and Risk Answers has to be from study guide
Attached Files (PDF/DOCX): 1A1_Audit Risk Study Guide (1).pdf, Case Study.pdf
Note: Content extraction from these files is restricted, please review them manually.