FinMan10e_ATest_ch04

FinMan10e_ATest_ch04 - 10th Edition FINANCIAL &...

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10th Edition CORPORATE FINANCIAL ACCOUNTING Warren/Reeve/Duchac Chapter Test 4A Score % Name Course Section NOTE: Each of the 25 correct answers is assigned a weight of 4%. FILL-IN-THE-BLANK—PRINCIPLES AND TERMINOLOGY—28% A
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TEST4A (Concluded) INSTRUCTIONS: Complete each of the following statements by writing the appropriate words in the Answers column. For Scoring STATEMENTS Answers 0. The entries that reduce the balances in revenue and expense accounts to zero at the end of the accounting period are known as . ....................... closing entries 0. ____ 1. The annual period ending when a business’s activities have reached the lowest point in its annual operating cycle is called the . ............................. 1. ____ 2–4. Indicate whether each of the following accounts would be reported on the post-closing trial balance (answer yes or no):
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2. Rent Expense . ........................................................................................... 2. ____ 3. Accumulated Depreciation—Machinery . ................................................... 3. ____
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FinMan10e_ATest_ch04 - 10th Edition FINANCIAL &...

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