CHARITY AND SPONSOR ADS
Shopping Cart
0 items
 

ACCT 304 Quiz 2 Solution

ACCT 304 Quiz 2 Solution
Click to enlarge
Price: $12.99
Availability: In Stock
Model: A
Average Rating: 5 out of 5 Stars!

INSTANT DOWNLOAD

Solution Guide / Answer Key:

ACCOUNTING

ACCT 304 Quiz 2

MULTIPLE CHOICE

1. On exercise 3-3, #1, accrued interest payable is what type of account? (Points: 2)

2. On exercise 3-3, #3, Accumulated depreciation is what type of account? (Points: 2)

3. On exercise 3-3, #4, prepaid insurance, for 2011, is what type of account? (Points: 2)

4. On exercise 3-3, #5, bonds payable, due in 10 years is what type of account? (Points: 2)

5. On exercise 3-3, #6, current maturities of long-term debt is what type of account? (Points: 2)

6. On exercise 3-3, #18, wages payable is what type of account? (Points: 2)

7. On exercise 3-3, #9, bond sinking fund, will be used to retire bonds in 10 years, is what type of account? (Points: 2)

8. On exercise 3-3, #10, supplies is what type of account? (Points: 2)

9. On exercise 3-3, #11, machinery is what type of account? (Points: 2)

10. On exercise 3-3, #12, land, in use, is what type of account? (Points: 2)

11. On problem 3-1, short-term investments are under the investment section. (Points: 2) True False

12. On problem 3-1, interest receivable is a current asset. (Points: 2) True False

13. On problem 3-1, land is included in the investment section. (Points: 2) True False

14. On problem 3-1, bond sinking fund is under the investment section. (Points: 2) True False

15. On problem 3-1, bonds payable is under long-term liabilities. (Points: 2) True False

16. On problem 3-1, notes receivable is under the current asset section. (Points: 2) True False

17. On problem 3-1, long-term investments are under the investment section. (Points: 2) True False

18. On problem 3-1, there are 3 accounts in the investment section. (Points: 2) True False

19. On problem 3-1, there are 2 accounts in the intangible section. (Points: 2) True False

20. On problem 3-1, there are 6 accounts under the current liability section. (Points: 2) True False

21. On problem 3-2, requirement 1, what is the total amount of inventories? (Points: 2)

22. On problem 3-2, requirement 1, what is the amount of total assets? (Points: 2)

23. On problem 3-2, requirement 1, what is the total amount of property and equipment (net): (Points: 2)

24. On problem 3-2, requirement 1, what is the total amount of accounts payable? (Points: 2)

25. On problem 3-2, requirement 1, what is the total amount of long-term debt and deferred taxes? (Points: 2)

 

FILE: MS WORD

Write Review
Your Name:


Your Review: Note: HTML is not translated!

Rating: Bad            Good

Enter the code in the box below:

There are no additional images for this product.