Test Bank Financial Accounting for Decision Makers, 3e DeFond
Full Chapters test bank are included
Appendix C
The Language of Accountants:
Debits and Credits
Learning Objectives – Coverage by question
True / False Multiple Choice Exercises Problems
LO1 – Describe the system
of debits and credits and its
1 - 15 1 - 38 1-3 1-4
use in recording
transactions.
LO2 – Illustrate the adjusting
process using debits and 16 – 19 39 – 66 4, 5 5–8
credits.
LO3 – Explain the adjusted
trial balance and use it to 20 64 – 66 6, 7
prepare financial statements.
LO4 – Describe the closing
process and summarize the 21 – 25 67 – 75 8 – 10 9
accounting cycle.
2023
Test Bank, Appendix C C-1
Full Chapters test bank are included
Appendix C
The Language of Accountants:
Debits and Credits
Learning Objectives – Coverage by question
True / False Multiple Choice Exercises Problems
LO1 – Describe the system
of debits and credits and its
1 - 15 1 - 38 1-3 1-4
use in recording
transactions.
LO2 – Illustrate the adjusting
process using debits and 16 – 19 39 – 66 4, 5 5–8
credits.
LO3 – Explain the adjusted
trial balance and use it to 20 64 – 66 6, 7
prepare financial statements.
LO4 – Describe the closing
process and summarize the 21 – 25 67 – 75 8 – 10 9
accounting cycle.
2023
Test Bank, Appendix C C-1
