Exam 2 Review ACC 211 PDF

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Summary

Exam 2 Review ACC 211 MCQs and Practice Problems...

Description

The second exam will be on Chapters 5,6,7. There will be 9 fill in questions and 9 multiple choice questions. The fill in questions are the same format as the Chapter exercises listed below:

Chapter 5 #3 E5-3 #4 E5-4 #6 E5-11 Chapter 6 #3 E6-9 #9 P6-4A Part 1 #10 P6-4A Part 2 Chapter 7 #3 E7-14 #4 E7-16 #5 E7-22

The multiple choice questions will be derived from the three chapters. 3 questions from each chapter:

For Chapter 5 focus on FOB, LCM, and inventory turnover. For Chapter 6 focus on cash equivalents, petty cash, and days' sales uncollected. For Chapter 7 focus on bad debts/uncollectible accounts, credit card sales, and AR turnover.

For Sunday night, what is due is:

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Complete final 4 columns of worksheet tab Building Blocks Project (refer to FAQs especially #5 on Excel file) Complete financial statement tabs, specifically income statement, statement of retained earnings, and balance sheet...