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ACCT 212 All Quizzes Week 1-2, 4-8 (Solutions)
ACCT 212 Week 1 Quiz ACCT 212 Week 2 Quiz ACCT 212 Week 4 Quiz ACCT 212 Week 5 Quiz ACCT 212 Week 6 Quiz ACCT 212 Week 7 Quiz ACCT 212 Week 8 Quiz
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ACCT 212 Week 1 Quiz
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1. Question: At the end current accounting period, account balances were as follows. Cash $28,000, Account Receivable, $44,000, Common Stock, $19,000, Retained Earnings $12 000. Liabilities for the period were: 2. Question: Revenues were $147,000, expenses were $142,000, and cash dividends declared...
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Add to cart1. Question: At the end current accounting period, account balances were as follows. Cash $28,000, Account Receivable, $44,000, Common Stock, $19,000, Retained Earnings $12 000. Liabilities for the period were: 2. Question: Revenues were $147,000, expenses were $142,000, and cash dividends declared...
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ACCT 212 Week 2 Quiz
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1. Question: A company completed the following transactions during the month of October: 2. Question: A company had credit sales of $ 34,000 and cash sales of $ 20,000 during the month of May. Also during May, the company paid wages of $ 25,000 and utilities of $ 10,000. It also received payments fr...
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Add to cart1. Question: A company completed the following transactions during the month of October: 2. Question: A company had credit sales of $ 34,000 and cash sales of $ 20,000 during the month of May. Also during May, the company paid wages of $ 25,000 and utilities of $ 10,000. It also received payments fr...
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ACCT 212 Week 4 Quiz
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1. Question: Each of the following represents an internal control procedure except for 2. Question: As a part of strong internal control system, which of the following accounting duties need to be separated from cash handling? 3. Question: Which of the following is NOT a way of safeguard controls? 4...
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Add to cart1. Question: Each of the following represents an internal control procedure except for 2. Question: As a part of strong internal control system, which of the following accounting duties need to be separated from cash handling? 3. Question: Which of the following is NOT a way of safeguard controls? 4...
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ACCT 212 Week 5 Quiz
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1. Question: A company purchased inventory for $900 per unit. The company later one unit of the inventory for cash of $2,000. Under the perpetual inventory system, which accounts will be debited to record the sale? 2. Question: The selling price of a television is $1,300 and the cost the retailer is...
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Add to cart1. Question: A company purchased inventory for $900 per unit. The company later one unit of the inventory for cash of $2,000. Under the perpetual inventory system, which accounts will be debited to record the sale? 2. Question: The selling price of a television is $1,300 and the cost the retailer is...
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ACCT 212 Week 6 Quiz
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1x sold
1. Question: A company incurred the following costs: Purchase price of land $230,000 Survey fees 6,000 Payment for demolition of old building on land 40,000 Bank property taxes on land 5,000 Pavin...
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Add to cart1. Question: A company incurred the following costs: Purchase price of land $230,000 Survey fees 6,000 Payment for demolition of old building on land 40,000 Bank property taxes on land 5,000 Pavin...
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ACCT 212 Week 7 Quiz
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1. Question: If a company issues 8,000 shares of $5 per value common stock for $88,000, the journal entry would include a credit to: 2. Question: If a corporation issues 9,000 shares of $1 per value common stock for $12,000, the journal entry would include a credit to: 3. Question: Kunze Corpora...
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Add to cart1. Question: If a company issues 8,000 shares of $5 per value common stock for $88,000, the journal entry would include a credit to: 2. Question: If a corporation issues 9,000 shares of $1 per value common stock for $12,000, the journal entry would include a credit to: 3. Question: Kunze Corpora...
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ACCT 212 Week 8 Quiz (v1)
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1. Question: Zebra Company reports the following figures for the year ending December 31, 2019 and 2018…… What are the percentage changes from 2018 to 2019 for Net Sales, Cost of Goods Sold and Gross Profit, respectively. 2. Question: Szidon Company reports the following data…. Using benchmark...
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Add to cart1. Question: Zebra Company reports the following figures for the year ending December 31, 2019 and 2018…… What are the percentage changes from 2018 to 2019 for Net Sales, Cost of Goods Sold and Gross Profit, respectively. 2. Question: Szidon Company reports the following data…. Using benchmark...
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ACCT 212 Week 8 Quiz (v2)
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1. Question: Zebra Company reports the following figures for the years ending December 31, 2019 and 2018: What are the percentage changes from 2018 to 2019 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%) 2. Question: Szidon Comp...
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Add to cart1. Question: Zebra Company reports the following figures for the years ending December 31, 2019 and 2018: What are the percentage changes from 2018 to 2019 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%) 2. Question: Szidon Comp...
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