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ACG3101 Discussion Board

Feel free to ask any questions regarding the new FAR 1 material or in general about the class! Remember, its Automatic!


If you have questions about a specific textbook problem or question in a review packet, please be very clear (Exam 1 Review, page 18, question #, etc).


Good luck studying!



 
 
 

258 Kommentare


Srija Dey
Srija Dey
05. Apr.

Where can we find the ARO supplement packet for Chapter 9?

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Mikey Brown
Mikey Brown
07. Apr.
Antwort an

Hi,


The ARO Supplement is available in the printed Exam 3 Chapter Review Packets.


If you would like the PDF version of the Chapter Reviews, please email us at automatictutoring@gmail.com & we can send you the full PDF version, including the ARO Supplement & Chapters 10-12!

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Sean Layton
Sean Layton
28. März

On mock exam B, on the second true or false about GAAP not allowing you to reverse impairments to recivables, how does that differ from collecting cash that was previously written off in the past?

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Mikey Brown
Mikey Brown
31. März
Antwort an

So impairments and write offs are different things. A write off can be reversed as we have learned but impairments of receivables (usually long-term) cannot be reversed.

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Andrew Hoppy
Andrew Hoppy
26. März

For Chapter 18 Dosch review at minute 26:00 question when you start with a begenning DTA balance why would you not divide the DTA and DTL balances by 20% which would give you temporary differences of 75,000 and (10,000). Then would you not add it to the current DTA of 10,625 use that to calculate your end DTL/DTA of 23,625 making your adjustment a 13,000 DTA.

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Mikey Brown
Mikey Brown
31. März
Antwort an

Hi Andrew,


You are correct here - we added an adjustment to the video. Apologies on delay here!

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Caden Morales
Caden Morales
24. März

Does Hinson test on LIFO retail and Dollar Value LIFO retail method? In chapter 8

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Mikey Brown
Mikey Brown
31. März
Antwort an

Apologies on delay - we did add to the Exam Review that hinson DOES NOT cover the LIFO inventory methods!

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Katelyn Cohen
Katelyn Cohen
24. März

Where are the solutions for Mock Exam A for Exam 2?

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Mikey Brown
Mikey Brown
31. März
Antwort an

The solutions are available on the software!

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