Final accounting exam - Study guides, Class notes & Summaries

Total Assets = Total Liabilities + Total Equities. = $ 23,500 + $ 56,500 Total Assets = $ 80,000 Q # 2 $ Sales 29,500 Less: Expenses: (33,000) Loss = (3,500) Less: Dividend paid (3.500) Add: Retained Earning = 65,000 Net Income For the Company = $ 58,000 2 Q # 3 Salary Account Particulars $ Particulars $ Balance b/d Increase in Expense (450+600) 0 1,050 Decrease in Expense Balance c/d 175 875 Q # 4 ( Amount in $ )  DR Cash 375  CR Supplier Account 375

Federal Nursing Home Administrator Exam Questions and correct Answers 1) OBRA asserts some separate committees can be folded into the quality improvement/assurance committee. Safety, Pharmacy and which committee below can be added into QA/QI committee? 2) Nursing homes are responsible for obtaining and providing dental care for residents. Who usually pays for dental services? 3) A facility is not allowed to charge a resident who is Medicaid and Medicare eligible except for: 4) You calcula...

Financial Accounting Final Exam Questions And Answers 2024EXAM ONE VOCAB - correct answer-accounting: is a system of maintaining records of a company's operations and communicating that information to decision makers. corporation: an entity that is legally separate from its owners. limited liability: prevents stockholders from being held personally responsible for the financial obligations of the corporations. sole proprietorship: is a business owned by two or more persons. partne...

CLC 056 exam Analyzing Contract Costs Exam (contains 55 questions) • Here is your test result.The dots represent the choices you have made. • The highlighted questions are the questions you have missed. • Remediation Accessed shows whether you accessed those links.'N' represents links not visited and 'Y' represents visited links. The offeror customarily treats similar costs as “other direct costs” under similar circumstances The proposed cost benefits only the proposed contract work Th...

WGU C213 Final Exam Accounting for Decision Makers Questions and Answers (2022-2023) (Verified Answers)

C213 Final Accounting Exam 2022/2023 1. Which of the following activities would internal auditors NOT typically perform in a large company?: Detect fraud Evaluate internal controls *Prepare the primary financial statements Assist with increasing the efficiency of operation 2. Correct Answer: $3,800 Beginning cash balance: x + $309,800 - $118,000 - $190,000 = $5,600 x = $3,800: The following financial information is available for the year 2012: Operating activities $ 309,800 Investin...

BOMI- Budgeting and Accounting Final Exam 2023 Actual Questions and Answers Solved Correctly Which key components make up the bookkeeping process? (2) recording and classifying transactions is known as bookkeeping. Describe the roles filled by a accountant (3) Accounting is a system of summarizing, interpreting, and communicating financial data. What are the primary functions associated with accounting ? (4) Accounting is the next step in the process. Accounting is the system of summariz...

LBO Modeling Exam from Wall Street Prep 2024 / Wall Street Prep Premium Exam Transaction Comps Modeling Wall Street Prep Exam 2024 GRADED A+ What is generally not considered to be a pre-tax nonrecurring (unusual or infrequent) item? - ANS-Extraordinary gains/losses what is false about depreciation and amortization - ANSD&A may be classified within interest expense Company X's current assets increased by $40 million from while the companies current liabilities increased by $25 millio...

C213 Final Accounting Exam QUESTIONS AND CORRECT DETAILED ANSWERS GRADED A+ 2024

WGU C213 FINAL ACCOUNTING EXAM. QUESTIONS AND ANSWERS 2023. RATED A+