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Florida Atlantic University
ACCT
Courses in ACCT
ACCT 101 | Fundamentals of Accounting
Documents:
1
ACCT 101 | Financial Accounting I
Documents:
23
Popular Documents from Florida Atlantic University
ACCT 101 QUIZ 2 Name: Secon No. (Circle one): G4 G5 G6 1) Accounts payable had a normal beginning balance of $1600. During the period, there were debit posngs of $300 and credit posngs of $900. What was the ending balance? (2 points) A) 1,000 cred
ACCT 101 QUIZ 19 2013 FALL Secon (circle one): G4 G15 G5 G6 Name: 1) ABC Company purchased inventory on account with credit terms of 2/10, n/30. It paid the amount owed within 10 days and recorded the following entry: Account A 800 Account B 784 Acc
ACCT 101 QUIZ 20 2013 FALL Secon (circle one): G4 G15 G5 G6 Name: 1) When a specific customer’s account is wrien off by a company using the allowance method, the effect on net income and the net realizable value of the accounts receivable (accounts re
ACCT 101 QUIZ 5 2013 FALL Secon (circle one): G4 G15 G5 G6 Name: 1) During a period of connuing inflaon, which inventory cost flow alternave usually results in the highest reported net income? a. FIFO b. LIFO c. Average cost d. All of these result
ACCT 101 QUIZ 14 Name: Secon No. : G4 G5 G6 1) The declaraon and payment of cash dividends A) Reduces the amount of resources a company has to invest in producve assets B) Somemes does not reduce a company's retained earnings balance C) Reduces a