lOMoAR cPSD| 47061011
Basic Bookkeeping - Level 1
FINAL EXAM
V4.0 CU09-10-OCT09
This examination has two parts: the Practical Exam and the Online Exam. The total
marks available for the Final Exam is 100. Good luck!
Part 1 – Practical Exam
Please complete the Practical Exam questions by showing your entries in the appropriate
Journals, Ledgers, and Trial Balance on the Practical Exam Answer Sheets provided. The
Practical Exam must be completed before beginning the Online Exam. There are a total
of 60 available marks for questions in the Online Exam that are based solely on the
information you will enter on the Practical Exam Answer Sheets.
Once you have completed the Practical Exam Answer Sheets notify your Learning
Coach. Your Learning Coach does not mark the Practical Exam Answer Sheets.
Part 2 – Online Exam
The Online Exam is a computer-based testing program comprised of 50 multiple choice
and/or True or False questions. Your Learning Coach will give you access to the Online
Exam and provide instructions on how to use it.
During the Online Exam, you will select your response to a question from a list of
multiple choice answers, or select a response of True or False. Online Exam questions
are based on information contained in your Student workbook, as well as information you
entered on the Practical Exam Answer Sheets. You will need to refer to your completed
Practical Exam Answer Sheets to respond to some of the Online Exam questions.
Once you have completed the Online Exam, your Final Exam results will be provided, as
well as a summary of suggested study areas for any questions you may have answered
incorrectly.
You must submit the Practical Exam and Practical Exam Answer Sheets to your Learning
Coach upon completion of your Online Exam. Be sure to write your name on page one
of the Answer Sheets before submitting it to your Learning Coach.
, lOMoAR cPSD| 47061011
Basic Bookkeeping – Level 1
Exam - 1
PART 1 – PRACTICAL EXAM
The total available number of marks for this section is 60 marks.
Steps
Make all entries in the appropriate Journals, Ledgers, and Trial Balance in the
Practical Exam Answer Sheets provided.
For this examination, you will need a calculator and some blank paper to make
rough calculations of your work.
This exam will test your knowledge on how a manual bookkeeping system works
and how to use Journals, Ledgers, and other reports necessary to produce monthly
financial statements. You will continue with the company, XY Consumer Products,
for the month of March. The necessary Journals, selected General Ledger, Payroll
Ledger, Accounts Receivable Ledger, and Accounts Payable Ledger sheets have
been supplied for you, as well as a partially completed Trial Balance for the month
ended March 31, 2003. Follow the instructions below to complete the Journals,
Ledgers, and Trial Balance at March 31, 2003. (Please note that, because you are
not being provided with a complete set of Accounts Payable and Accounts
Receivable Ledger sheets for the Practical Exam, you will not be able to confirm
that the Ledgers balance with their respective G/L control accounts.)
1. The following sales on account occurred in March, 2003. Enter this information in the correct
journal.
Academy OF
Basic Bookkeeping - Level 1
FINAL EXAM
V4.0 CU09-10-OCT09
This examination has two parts: the Practical Exam and the Online Exam. The total
marks available for the Final Exam is 100. Good luck!
Part 1 – Practical Exam
Please complete the Practical Exam questions by showing your entries in the appropriate
Journals, Ledgers, and Trial Balance on the Practical Exam Answer Sheets provided. The
Practical Exam must be completed before beginning the Online Exam. There are a total
of 60 available marks for questions in the Online Exam that are based solely on the
information you will enter on the Practical Exam Answer Sheets.
Once you have completed the Practical Exam Answer Sheets notify your Learning
Coach. Your Learning Coach does not mark the Practical Exam Answer Sheets.
Part 2 – Online Exam
The Online Exam is a computer-based testing program comprised of 50 multiple choice
and/or True or False questions. Your Learning Coach will give you access to the Online
Exam and provide instructions on how to use it.
During the Online Exam, you will select your response to a question from a list of
multiple choice answers, or select a response of True or False. Online Exam questions
are based on information contained in your Student workbook, as well as information you
entered on the Practical Exam Answer Sheets. You will need to refer to your completed
Practical Exam Answer Sheets to respond to some of the Online Exam questions.
Once you have completed the Online Exam, your Final Exam results will be provided, as
well as a summary of suggested study areas for any questions you may have answered
incorrectly.
You must submit the Practical Exam and Practical Exam Answer Sheets to your Learning
Coach upon completion of your Online Exam. Be sure to write your name on page one
of the Answer Sheets before submitting it to your Learning Coach.
, lOMoAR cPSD| 47061011
Basic Bookkeeping – Level 1
Exam - 1
PART 1 – PRACTICAL EXAM
The total available number of marks for this section is 60 marks.
Steps
Make all entries in the appropriate Journals, Ledgers, and Trial Balance in the
Practical Exam Answer Sheets provided.
For this examination, you will need a calculator and some blank paper to make
rough calculations of your work.
This exam will test your knowledge on how a manual bookkeeping system works
and how to use Journals, Ledgers, and other reports necessary to produce monthly
financial statements. You will continue with the company, XY Consumer Products,
for the month of March. The necessary Journals, selected General Ledger, Payroll
Ledger, Accounts Receivable Ledger, and Accounts Payable Ledger sheets have
been supplied for you, as well as a partially completed Trial Balance for the month
ended March 31, 2003. Follow the instructions below to complete the Journals,
Ledgers, and Trial Balance at March 31, 2003. (Please note that, because you are
not being provided with a complete set of Accounts Payable and Accounts
Receivable Ledger sheets for the Practical Exam, you will not be able to confirm
that the Ledgers balance with their respective G/L control accounts.)
1. The following sales on account occurred in March, 2003. Enter this information in the correct
journal.
Academy OF
