The first part of the exam features 6 questions with short answers and calculations. For these, omit all general journal entry ...
Acct 220: | Student Name: |
ACCT 220 Final Exam Answer Sheet
Question 1 (40 points)
General Journal Entries:
Date | Account | Debit | Credit |
b. Adjusting Entries:
Date | Account | Debit | Credit |
c. Adjusted Trial Balance:
Adjusted Trial Balance | ||
Account Titles | Debit | Credit |
d. Classified Balance Sheet:
e. Closing Entries:
Date | Account | Debit | Credit |
Question 2 (8 points)
| ||
| ||
| Ending Inventory | COGS |
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Question 3 (7 points)
Date | Account | Debit | Credit |
Question 4: (9 points)
a. Answer:
Year | Depreciation Expense | Total Accumulated Depreciation | End-of-Year |
b. Answer:
Year | Depreciation Expense | Total Accumulated Depreciation | End-of-Year |
c.
Answer |
Question 5 (7 points)
Date | Account | Debit | Credit |
Question 6 (4 points)
Date | Account | Debit | Credit |
Questions 7-31 (1 point each)-Note your Multiple Choice answer choice (a, b, c, d, or e) next to each Multiple Choice question below.
7. ______ 21. ______
8. ______ 22. ______
9. ______ 23. ______
10.______ 24. ______
11. ______ 25. ______
12. ______ 26. ______
13. ______ 27. ______
14. ______ 28._______
15. ______ 29. _______
16. ______ 30. _______
17. ______ 31. _______
18. ______
19. ______
20. ______
10