Acounting exam

It is online exam. So it has 1 hour and 30 mins for this exam. Make sure you can do it on time and corectly. Because if you use more than 1 hour and 30 mins I can not sent it. I can give $30 for this exam. So if you want more than $30 don't contract me. Thank you. 

This is document for exam, It has 10 multiple choice and 4 essay question

For the multiple choice questions worth a total of 30 points, you should know

1.            what information is desired by external users of financial statements;

2.            about operating activities, investing activities, and financing activities;

3.            the definitions of asset, liability, equity, revenue, and expense;

4.            what items appear under each classification in the balance sheet;

5.            how to compute earnings per share;

6.            about a ledger account, its different parts, the rules of debit and credit, and the meaning of the term normal balance of an account;

7.            the meaning and purpose of adjusting entries, and the different types of adjusting entries;

8.            the difference between periodic and perpetual inventory systems;

9.            the components of cost of merchandise inventory (e.g., invoice price less discounts plus whatever other items are included or excluded); and

10.         the main points of difference among the four inventory cost-flow assumptions that you learned about.

For the problem questions worth 90 points, you should 

1.            know how to prepare a single-step and a multiple-step income statement and calculate certain ratios based on the numbers in the income statement;

2.            be able to create journal entries; and

3.            be able to apply your knowledge of the internal control objectives and principles.

For the essay question worth 30 points, you should know

1.            about a ledger account, its different parts, the rules of debit and credit, and the meaning of the term normal balance of an account; and

2.            about an accounting information system and its components (e.g., ledger accounts, trial balance, etc.).