Mini%20Exam%201%20Fall%202010%20VA

Mini%20Exam%201%20Fall%202010%20VA - NAME(If your scantron...

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Unformatted text preview: NAME: (If your scantron is lost- having your name on your exam is the only way to prove you took the exam)! Do NOT open your exam until you are told to do so! Fill in your scantron as follows: x your last name & first initial (use your legal name per the University system). x your UIN x your net id (this is the same as your Enterprise ID & is the first part of your University email address) x Your section number (see below): Scantron Start TA Section # Entry Time Name AD1 100 8:00 AM Lindsay Bobbitt AD2 150 9:00 AM Lindsay Bobbitt AD3 200 10:00 AM Kellie Bradley AD4 250 11:00 AM Kellie Bradley AD5 300 12:00 PM David Michael AD6 350 1:00 PM David Michael Please keep in mind the following course policy regarding academic integrity: x There should be no communication between students in any manner during the entire exam period. This means no talking, whispering or signaling to each other and no electronic communication. x It is your job to keep your scantron/exam booklet hidden from wandering eyes. Keep your test FLAT on your desk at all times! If you are allowing your exam/scantron to be visible to other students it will be assumed that YOU are cheating. x No calculators. x All books and papers & cell phones must be securely placed in a back-pack or other case and placed completely under the student’s seat. Please turn off your cell phone before putting it away! x Baseball hats, headphones and/or sunglasses may not be worn during an exam. All extra wearing apparel and parcels must be on the floor, under the student’s desk or seat during quizzes, tests or exams. x By enrolling in this course students agree to abide by the rules & regulations stated in Article 4 of the Student Code. If academic dishonesty is evident your exam will be confiscated and turned over to the Accountancy Department Head for resolution. In this event, I will recommend a penalty of an “F” for the course. In especially serious cases, the Department Head may impose harsher penalties such as expulsion from the University. Please keep in mind that expulsion for cheating becomes part of your permanent academic record which will follow you for the rest of your academic career. 1. The balance sheet of the Chico Company contained the following accounts and balances: Accounts Receivable ? Equity $750 Cash $450 Accounts Payable $200 Assume that all account balances are normal. Based on the above information only, the amount or balance for Accounts Receivable must be: A. $500 B. $950 C. $450 D. $300 E. None of the above 2. As of December 31, 2011, Bloom Company had $2,000 of assets, $800 of liabilities and $400 of retained earnings. The balance in the common stock account on the December 31, 2011 balance sheet was: A. $1,200 B. $800 C. $1,600 D. $400 E. none of the above 3. During 2011, Jenkins Company earned $8,000 of revenue from sales to customers (50% of sales were for 3....
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This note was uploaded on 04/28/2011 for the course ACCY 202 taught by Professor Staff during the Fall '08 term at University of Illinois, Urbana Champaign.

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Mini%20Exam%201%20Fall%202010%20VA - NAME(If your scantron...

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