03-05Pr_5e_s

Survey of Accounting (Available Titles Cengagenow)

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Problem 3-5 Name: Section: Score: 20% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) will appear in the column to the right of an incorrect answer. Total Net Total Total Stockholders' Income Assets Liabilities Equity Reported Amounts $135,800 $750,000 $250,000 $500,000 Corrections: Adjustment a. Adjustment b. Adjustment c. Adjustment d. Corrected amounts *Since some answer boxes are correct when left blank, the beginning score is greater than 0%. Instructions
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Problem 3-5 Name: SOLUTION Section: Score: See student sheet for student's score
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Unformatted text preview: Scoring: ON Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) will appear in the column to the right of an incorrect answer. Total Net Total Total Stockholders' Income Assets Liabilities Equity Reported Amounts $135,800 $750,000 $250,000 $500,000 Corrections: Adjustment a. 6,700 6,700 6,700 Adjustment b. (3,000) (3,000) (3,000) Adjustment c. (2,150) 2,150 (2,150) Adjustment d. (1,975) (1,975) (1,975) Corrected amounts $135,375 $751,725 $252,150 $499,575 Instructions...
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This note was uploaded on 11/04/2011 for the course ACC 121 taught by Professor Thomas during the Winter '08 term at Baker MI.

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03-05Pr_5e_s - Scoring: ON Answers are entered in the cells...

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