Introductory Mechanics Quiz
Purpose of Quiz: This take home quiz has been designed as a review of the prerequisite
accounting knowledge necessary to be successful in ACTG 381. This quiz focuses on recording
basic accounting transactions
Notes on Accounting Professionalism - They Just Dont Get It!
Arthur Wyatt: Arthur R. Wyatt, PhD, served Arthur Andersen & Co. as managing director,
accounting principles, and as chair of the firms United States committee on professional
standards. He was
E5-7 (Current Assets Section of the Balance Sheet) Presented below are selected accounts of Yasunari
Kawabata Company at December 31, 2016.
Work in Process
Equity Investments (Short-term)
E4-5 (Multiple-Step and Single-Step) Two accountants for the firm of Elwes and Wright are
arguing about the merits of presenting an income statement in a multiple-step versus a single-step
format. The discussion involves the following 2016 information rel
E3-5 (Adjusting Entries) The ledger of Duggan Rental Agency on March 31 of the current year includes
the following selected accounts before adjusting entries have been prepared.
Scavenger Hunt through The Hershey Companys 2015 10-K
Required: Obtain The Hershey Companys (Hershey) December 31, 2015 Form 10-K from
the SECs web site (or from Hersheys web site directly). You may wish to print the document,
but downloading t