Hong Kong Baptist UniversityCollege of International EducationAssociate Degree ProgrammeFirst Semester Examination 2017/18Course Code: ELSS 3007Course Title: Principles of Accounting I (Financial Accounting)Date: 18 December 2017 (Monday)Time Allowed: 14:1517:15 (3 hours)Total Marks: 100No. of Pages: 8 (including this page)INSTRUCTIONS TO CANDIDATES9.There areTHREEsections in this examination.Section I(Total 22 marks):AnswerALLquestions.Write your answers on the first page of your answer bookPART A: 6Fill in the blanks questions. 2 marks each.PART B: 10multiple choice questions. 1 mark eachb.Section II(Total 24 marks): 1problem solving question.c.SectionIII(Total 54 marks):5questions. AnsweranyTHREEofthem.The maximum mark for each question is 18.SECTION I: Objective Questions (Total 22 marks)PART A: FILL IN THE BLANKS (2 marks each, total 12 marks)The following are samples only1.A firm that maintains perpetual inventory records sells on account for $2,000 goods that
