Review Accounting 1 Exam Fall 1 2009

Review Accounting 1 Exam Fall 1 2009 - Review Accounting 1...

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Review Accounting 1 Exam The final exam has 10 multiple choice and 5 questions. 1. Please study the review sheet of multiple choice questions Word Problems: 1. Know how to do basic journal entries – similar to the question on exam 1 question 12 2. Subsidiary journal – similar to the question on exam 2 #13 – Study the purchases journal and the cash disbursements journal know how to fill one out. Study pages 279-281, go through the demonstration problem on pages 285-288. Study the schedule of accounts payable on page 288. 3. Journal entries for a merchandising company – similar to the question on exam number 2 the second word problem. Review the demonstration problem on page 197, concentrate on the entries from the buyers perspective. 4. Journal entries for bad debt expense for both the sales method and accounts receivable method. Review pages 364-369. Do the demonstration problem on page 373-374, concentrate on 2a and 2b.
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