ACC 291T All Discussions | eBooks | Education

ACC 291T All Discussions

ACC 291T All Discussions PLDZ-11950
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ACC/291T All Discussions

The Latest Version A+ Study Guide

 

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ACC 291T All Discussions Link

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ACC 291T Wk 1 Discussion – Credit Memos

 

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

 

Due Thursday

Respond to the following in a minimum of 175 words:

 

Respond to the following:

Credit memos are created when a product is returned. Credit memos reduce A/R (accounts receivable) by crediting the account, and it writes off the invoice. This also records a debit to the Sales Returns and Allowances account.

 

You have noticed that the A/R clerk has created an abnormally high number of credit memos. You also notice the inventory does not reflect the additional inventory resulting from the sales returns and allowances. What would you do, and how would you document your decision?

 

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.

 

 

 

 

ACC 291T Wk 2 Discussion – Employee Ethics

 

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

 

Due Thursday

Respond to the following in a minimum of 175 words:

 

Respond to the following:

 

The A/P clerk of a company writes the checks for vendors, and the controller signs the checks. The A/P clerk has devised a plan to give herself a raise. She creates a new vendor for her friend’s business and creates two purchase orders for random car detailing services for $75 and $70. She writes the checks to pay these new vendors knowing the controller will only pay close attention to checks over $100. She delivers the checks to her friend to deposit in his bank account, and then he writes her a personal check for the full amount of $145.

 

Eventually, what will be the effect of her actions? What can the company do to prevent this type of behavior?

 

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.

 

 

ACC 291T Wk 3 Discussion – Ethical Decision-Making

 

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

 

Due Thursday

 

ACC 291T Wk 4 Discussion – Ethics

 

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

 

Due Thursday

 

ACC 291T Wk 5 Discussion – Standard Accounting Procedure

 

 

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