Koofers

Past Exam for ACIS 2115 - Principles of Accounting at Virginia Tech (VT)

Exam Information

Material Type:Exam 1
Professor:Staff
Class:ACIS 2115 - Principles of Accounting
Subject:Accounting & Information Systems
University:Virginia Polytechnic Institute And State University
Term:Spring 2003
Keywords:
  • Seamster Co
  • Insurance Expense
  • Immediately
  • Corporation
  • S Corporation
  • S-Corporation
  • Service Revenue
  • Following Transactions
  • Appropriate Account
  • Current Asset
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Sample Document Text

Version B ***Please read the instructions carefully. OPSCAN: PARTS I (True/False) PART II (Multiple Choice) PART III (Classifications) PART IV (Journal Entries) PART V (Effects of Transactions) WRITTENIPROBLEMS: PART VI (Net Income) PART VII (Effects of Transactions) ACCOUNTING 2115 TEST I February 13, 2003 PART VIII (Journal Entries & Adjusting Entries) PART IX (Financial Statements) GENERAL INSTRUCTIONS: 9 POINTS 29 POINTS 9 POINTS 10 POINTS 15 POINTS 10 POINTS 6 POINTS 26 POINTS 36 POINTS 150 POINTS 1. Check your test booklet to determine whether it includes all of the parts listed above. 2. Be sure to read instructions to all problems very carefully. 3. Budget your time wisely. You have two hours to complete this test. 4. If an answer requires a computation, the computation must be shown. ANSWERS UNSUPPORTED BY CALCULATIONS WILL LOSE CREDIT. 5. Explanations for journal entries may be omitted. 6. After you have completed the test you are to ...

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