Accounting II

Acct 221.Fa.14

Question 1: 20 points

a. General Journal Entries:

Date	Account	Debit	Credit

Answer Sheet Page 1 of 10 .Fa.14 Final Exam

Answer Sheet Page 2 of 10 .Fa.14 Final Exam

b. Income Statement:

Retained Earnings Statement:

.14 Final Exam

Question 2. 10 points

a1 & a2: General Journal Entries: (Cost Method):

Date	Account	Debit	Credit

a3. Stock Investments Accounts Balance

b1 & b2: : General Journal Entries: (Equity Method):

Date	Account	Debit	Credit

b3. Stock Investments Accounts Balance

Final Exam

Question 3. 15 points:

Fa.14 Final Exam

Question 4. 10 points

Question 5. 7 points:

Flip Inc.
Cash Disbursements Budget
For the Month of May

Question 6. 6 points:

Flip Enterprises
Incremental Analysis
Special Order

a.14 Final Exam

Question 7. 6 points:

Flip Inc.
Incremental Analysis
To Make
Incremental Analysis	Incremental Effect

Question 8. 6 points:

Flip Company
Incremental Analysis
Retain or Replace
Incremental Analysis	Incremental Effect

.Fa.14 Final Exam

Multiple choice questions allocated 1 point each: Make your selection by indicating the letter corresponding to your answer.

Question Number	Answer	Question Number	Answer
9:		19:
10:		20:
11:		21:
12:		22:
13:		23:
14:		24:
15:		25:
16:		26:
17:		27:
18:		28: