ACA1 WGU PROBLEMS IN ACCOUNTING – COMPLETE COURSE ALL 6 TASKS

PROBLEMS IN ACCOUNTING ACA1 WGU-COMPLETE COURSE ALL 6 TASKS
Problems in Accounting ACA1 WGU-COMPLETE COURSE all 6 tasks - A+ WORK

This tutorial contains the attachments for the entire ACA1 Problems in Accounting course. These attachments passed the Taskstream evaulations.

Task 1 is based on the financials of Fan Company A and includes the calculations necessary to complete the financial statements and a brief discussion commenting on the need for reconciling book income for a partnership to taxable income for that partnership for tax purposes.

Task 2 is an essay recommmending the most advantageous tax filing status for Spouse A and Spouse B on their federal tax return, explaining the recommendation based on current applicable tax laws. It also explains the rules that apply to taxable and nontaxable income, short-term and long-term captial gains or losses, profit or loss from sale of property, partnership income and losses, and gains or losses from passive activity. It explains the decision to include or exclude each of the preceding types of income, calculate the adjustments to income that should be included on the return and explain each adjustment, determine whether the couple should use the standard deduction or itemized deductions on thier returns and explain this decision, and identify and explain all tax credits available to the couple.

Task 3 is based on the financials of ABC Company. This tutorial contains the calculations for ABC as a corporation for taxable income or loss, special tax deductions allowed, tax treatment of capital gains and losses, and the expense item limitations on a corporate tax return. It also contains the calculations for ABC as an S-corporation for taxable income or loss, special tax deductions allowed, tax treatment of capital gains and losses, and the expense item limitations on a corporate tax return. Also included is an essay describing how to reconcile the book income tax differences for ABC as a corporation and an s-corporation, and a recommendation for the board of directors about whether or not ABC should become an s-corporation based on the calculation.

Task 4 is based on the inventory data of Fan Company A. This tutorial includes computation of the value of ending inventory using Periodic FIFO, Periodic average cost, LIFO in a perpetual inventory system, and FIFO in a perpetual inventory system. It also includes a short memo to the Fan Company A partners explaining your findings, reocmmending a method for computing inventory, and justifying this recommendation.

Task 5 is based on financial data for Fan Company A. This tutorial includes calculating the depreciation for Fan Company A"s building using the straight line method, calculating the depreciation for Fan Company A"s equipment using the double-declining balance, units of output, and sum-of-the-years-digits methods, and writing an essay to suggest an appropriate method for depreciating the equipment and a justification for this recommendation.

Task 6 is based on tie and rail costs for Railway Company A. This tutorial includes the calculation of depreciation expense for the year using the composite method for 2010 and 2011, calculation of depreciation expense for the year on the ties using the group method, and computation of the group depreciation rate for 2011.