review test 1

review test 1 - TOPICS FOR EXAM ONE There are three work...

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TOPICS FOR EXAM ONE There are three work problems on the first exam and 15 multiple choice questions. 1) TRIAL BALANCE : You will be required to prepare a Trial balance from a random list of accounts. Therefore you must know what a Trial Balance is, the proper three line heading, the correct order of accounts (ALCDRE), and the correct normal account balances of each account (ie Cash - debit, Accounts Payable - credit). 2) JOURNAL ENTRIES AND GENERAL LEDGER: You will be required to record several transactions in the general journal. You must use proper format. I will provide a blank general journal, complete with page numbers for your use. You will be required to record several of the entries to a general ledger. I will provide a general ledger, complete with account names and account numbers, for your use. Do NOT post all of the entries from the journal to the ledger; only the ones I tell you to! 3)
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review test 1 - TOPICS FOR EXAM ONE There are three work...

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