ACCT505 Practice Quiz #1
1. For which of the following businesses would the job order cost system be appropriate?
a. Auto repair shop.
b. Crude Oil refinery.
c. Drug Manufacturer.
d. Root beer producer.
2. Which of the following companies would most likel
Consolidated Balance sheet
Receivable (A/R-Allowance =4812-53)
Other current assets
Total current assest
Long term investment
F) Honeysuckle Corporation has provided the following data for
the month of January:
Work In process
Raw material purchase
Presented below is an amortization schedule related to Spangler Company's 5-year, $100,000 bond with a 7% interes
rate and a 5% yield, purchased on December 31, 2012, for $108,660.