Exam%201%20Review%20Fall%2020090

Exam%201%20Review%20Fall%2020090 - ACCT 3367 1st Exam...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
ACCT 3367 1 st Exam Review Sheet Chapters 2-7 (There are 3 pages to this review sheet) Test Site and Time: Room 170 Melcher Hall 10 to 12 Saturday Sept 26 2009 The exam consists of 40 multiple choice questions. Many of the topics in these chapters overlap, so these are approximate allocations, only. Important topics by chapter are listed below. This is for general guidance and will not cover every single question asked on the exam. Some of the topics listed may get little or no coverage on the exam. The number of questions for each chapter is approximate. Chapter 2 (6 questions) Be familiar with the terms in Illustrations 2-2 and 2-7. Exercises 2-2, 3 and 4 are excellent examples of the types of questions to expect. Chapter 3 (9 questions) Basic terminology The effects of transactions on the Accounting Equation, similar to the examples on pp. 70-73. Adjusting entries: Accruals, Prepayments (either pairing an income statement account with cash, or pairing a balance sheet account with cash), Estimated items (straight-line depreciation, allowance method for bad debts). There are several exercises on adjusting entries, like E3-10 (a). Determine cost of goods sold under a periodic inventory system (see cycle
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/12/2010 for the course ACCT ACCT 3367 taught by Professor Kilic during the Spring '10 term at University of Houston.

Page1 / 3

Exam%201%20Review%20Fall%2020090 - ACCT 3367 1st Exam...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online