Acc 3100 baruch college Study guides, Class notes & Summaries

ACC 3100 Baruch College, CUNY. MIDTERM REVIEW. All Worked Solutions 1. ABC declared a property dividend. The dividend consisted of 12,000 common shares of its investment in XYZ Company. The shares h ad originally been purchased at $2 per share and had a $1 par. The value of the shares on the declaration date is $8 per share. What is the first entry that should be recorded related to this dividend? 2. Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 83,000 sh...

ACC 3100 Final Exam Baruch College, CUNY _Q&A 1. On January 1, 2021, D Corp. granted an employee an option to purchase 8,500 shares of D's $3 par common stock at $21 per share. The options became exe rcisable on December 31, 2022, after the employee completed two years of service. The option was exercised on January 10, 2023. The market prices of D's stock were as follows: January 1, 2021, $33; December 31, 2022, $51; and January 10, 2023, $46. An option pricing model estimated the value of th...

ACC 3100 – Financial Accounting II Midterm 1 - Review. Baruch College. Topics covered: Long-Term Debt, Stockholders Equity, Share-Based Compensation, Earnings Per Share, Time Value of Money and Leases. Questions and Solutions

ACCT 3100 Fin Acc - Baruch College, CUNY. MT2 Practice from Test Bank MT2 practice from test bank  32.The following information pertains to Havana Corporation's defined benefit pension plan: At the end of 2013, Havana contributed $696 thousand to the pension fund and made benefit payments of $624 thousand to retirees. The expected rate of return on plan assets was 10%, and the actuary's discount rate (settlement rate) is 8%. There were no changes in actuarial estimates and assumptions regar...

ACC 3100 - Baruch College- ACC 3100 Practice Questions with Solutions. Practice Questions (Quiz 1) 1. Today is January 1, 2017. Longview Manufacturing Company is in need of some additional capital to expand their operations and has decided to issue bonds with a face value of $ 100,000,000. The bonds have a coupon rate of 7%, and will pay interest annually on December 31. The maturity date of the bonds is December 31, 2046 (i.e. these are “thirty” year bonds). Longview initially contemplated ...

ACC 3100 Final Exam – Version A A Stan Ross Department of Accountancy, Baruch College ACCOUNTING 3100, Final Exam, Spring 2017 Name: Last 4 Digits of SSN: Exam Number: Provide your numerical ans wers in the spaces provided on this exam. Show all your workings (partial credit is awarded for correct but incomplete answers). For correct answers, you must show all your supporting calculations/explanations. All supporting calculations and schedules must be legible and in good form. Be neat with you...

ACC 3100 Financial Accounting 1 - Baruch College Campus_ACC 3100 Financial Accounting 1 -Sample Final Exam MCQ Plus Worked Solutions Woody Corp. had taxable income of $8,000 in the current year. The amount of MACRS depreciation was $3,000 while the amount of depreciation reported in the income statement was $1,000. Assuming no other differences between tax and accounting income, Woody's pretax accounting income was: A. $5,000 B. $6,000 C. $10,000 D. $11,000 E. None of the above is correct. 2. K...

ACCT 3100 Fin Acc - Baruch College. Midterm Review Problems Chapter 14-19.Problem and Solution

THE BERNARD M. BARUCH COLLEGE OF THE CITY UNIVERSITY OF NEW YORK ACC 3100 – FINANCIAL ACCOUNTING II MIDTERM EXAMINATION

Acc 3100, Fall 2020 Review for Final Exam The final exam is cumulative: it will cover all of the material since the start of the semester. Outlined below are the topics you are responsible for on t he final exam. The final exam will be a two-hour open book exam, it will consist of 40-50 multiple choice questions. Questions will cover calculations, journal entries and conceptual issues. Chapter 14 -- Bonds Basics of bonds - How to price a bond - Effective interest method - Early retirement of deb...