Quiz _1 - Winter 2010 (Solutions)

Quiz _1 - Winter 2010 (Solutions) - +13,000 10-6,000-6,000...

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MGT201 Quiz #1 - Solutions Winter 2010 Part A ( 5 marks) a) B b) D c) B d) A e) B Part B (20 marks) Assets = Liabilities + Shareholders’ Equity Date Cash +A/R +Inv +Prepaid Rent +Equip -ment = A/P +N/P +CS +R/E 1 +60,000 +60,000 2 -3,600 +3,600 5 -2,000 +8,000 +6,000 6 +9,000 +9,000 10 +13,000
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Unformatted text preview: +13,000 10-6,000-6,000 15-1,200-1,200 20 +4,000- 4,000 25-3,000-3,000 31-1,100-1,100 31-1,200-1,200 31-120-120 Total +53,100 +9,000 +3,000 +2,400 +7,880 = +6,000 +6,000 +60,000 +3,380 75,380 75,380...
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This note was uploaded on 12/21/2010 for the course MGT mgt201 taught by Professor Uppal during the Spring '09 term at University of Toronto- Toronto.

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