7 Accounting Problems

profiledyztpexiau
answer_sheet.doc

Acct 221Final Exam

Student Name:

Question 1: 30 points

a. General Journal Entries

Date

Account

Debit

Credit

b. Partial Classified Balance Sheet

Question 2: 5 points

a. General Journal Entries

Date

Account

Debit

Credit

b. Stock Investments Accounts Balance 12/31/14:

Question 3: 10 points

Question 4: 15 points

Date

Account

Debit

Credit

Question 5: 10 points

a.1.

Breakeven Sales Dollars

a.2.

Breakeven Units

b.1.

Breakeven Sales Dollars

b.2.

Breakeven Units

Question 6: 5 points

Question 7: 6 points

Produce

Buy