Online q ch3 - _FINANCIAL ACCOUNTING I_0070A784(ACCT_2010070A784 > TOOLS > MY GRADES > VIEW ATTEMPTS > REVIEW ASSESSMENT QUIZ THREE Review

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
_FINANCIAL ACCOUNTING I _0070A784 (ACCT_2010070A784) > TOOLS > MY GRADES > VIEW ATTEMPTS > REVIEW ASSESSMENT: QUIZ THREE Review Assessment: Quiz Three User WANCHING Rachel KAO Submitted 4/25/08 5:58 PM Name Quiz Three Status Completed Score 7 out of 10 points Instructions You will only have 2 attempts at this quiz Question 1 1 out of 1 points Accumulated depreciation is classified as a(n) Selected Answer: contra-asset account. Correct Answer: contra-asset account. Question 2 0 out of 1 points Use this information to answer the following question. The trial balance for Tsung Corporation appears as follows: If services totaling $125 had been performed but not billed, the adjusting entry to record this would include a
Background image of page 1

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

View Full DocumentRight Arrow Icon
Selected Answer: debit to Service Revenue Earned for $125. Correct Answer: credit to Service Revenue Earned for $125. Question 3 1 out of 1 points Use this information to answer the following question. The Retained Earnings, Dividends, and Income Summary accounts for Gula's Repair
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/10/2011 for the course ACCOUNTING 201 taught by Professor Notsure during the Spring '11 term at Edmonds Community College.

Page1 / 6

Online q ch3 - _FINANCIAL ACCOUNTING I_0070A784(ACCT_2010070A784 > TOOLS > MY GRADES > VIEW ATTEMPTS > REVIEW ASSESSMENT QUIZ THREE Review

This preview shows document pages 1 - 3. Sign up to view the full document.

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