mgmt 200 exam 1 advice - Management 200 Introductory Financial Accounting Krannert School of Management Purdue University Fall 2009 Exam 1 Tuesday

Management 200 – Introductory Financial Accounting Krannert School of Management Purdue University Fall 2009 – Exam 1 – Tuesday, October 6, 2009 Elliott Hall of Music – 8:00pm – 9:30pm Please be sure to check the seating chart when it is posted on Katalyst to make sure you know your seat assignment before you arrive at Elliott. Exam 1 will be 90 minutes long and will consist of four workout problems similar in format to the first three homework assignments and assigned problems. The exam will cover the first five chapters of the text and related classroom material and it is your responsibility to be familiar with all this material. To help guide your study you should be aware of the accounting cycle and be able to: - prepare journal entries for basic transactions - prepare adjusting journal entries - prepare closing entries - prepare a T ledger account - prepare a trial balance - prepare a classified balance sheet, a multi-step income statement, and a statement of retained earnings