accounting 8
kwdbrrr
answer_sheet.docName:
Fa.14
Question 1: Suggested time 45 minutes: 40% points
a. General Journal Entries:
Date
Account
Debit
Credit
Answer Sheet Page 2 of 6 .Fa.14 Final Exam
Date
Account
Debit
Credit
b. Adjusting Entries:
Date
Account
Debit
Credit
Answer Sheet Page 2 of 6 .Fa.14 Final Exam
c. Adjusted Trial Balance:
Adjusted Trial Balance
Account Titles
Debit
Credit
Answer Sheet Page 2 of 6 .Fa.14 Final Exam
d. Classified Balance Sheet:
Balance Sheet
Assets
Liabilities & Equity
e. Closing Entries:
Answer Sheet Page 2 of 6 .Fa.14 Final Exam
Question 2: Suggested time 15 minutes: 14% points
a. Cost of Goods Available for Sale
b. Value of:
Ending Inventory
COGS
(1) LIFO method
(2) FIFO method
(3) Average-cost method
Show calculations in this text entry box:
Question 3: Suggested time 15 minutes: 5% points
Date
Account
Debit
Credit
Answer Sheet Page 4 of 6 .Fa.14 Final Exam
Question 4: Suggested time 20 minutes: 9% points
a. Answer:
Show calculations in this text entry box:
b. Answer:
Show calculations in this text entry box:
c. Answer:
Show calculations in this text entry box:
Answer Sheet Page 5 of 6 .Fa.14 Final Exam
Question 5: Suggested time 10 minutes: 7% points:
Date
Account
Debit
Credit
Multiple choice questions allocated 1% point each: Make your selection by indicating the letter corresponding to your answer. Suggested time is 60 minutes.
Question Number
Answer
Question Number
Answer
Question Number
Answer
6:
16:
26:
7:
17:
27:
8:
18:
28:
9:
19:
29:
10:
20:
30:
11:
21:
12:
22:
13:
23:
14:
24:
15:
25:
Answer Sheet Page 6 of 6 .Fa.14 Final Exam
