第二章单元测试
- A business's source documents:（ ）
- Identify the account below that is classified as an asset account:（ ）
- Larry Bar opened a frame shop and completed these transactions:
（1）Larry started the shop by investing $40,000 cash and equipment valued at $18,000.
（2）Purchased $70 of office supplies on credit.
（3）Paid $1,200 cash for the receptionist's salary.
（4）Sold a custom frame service and collected $1,500 cash on the sale.
（5）Completed framing services and billed the client $200.
What was the balance of the cash account after these transactions were posted? （ ） - On January 1 of the current year, Jimmy's Sandwich Company reported owner's capital totaling
$122,500. During the current year, total revenues were $96,000 while total expenses were $85,500. Also, during the current year Jimmy withdrew $20,000 from the company. No other changes in equity occurred during the year. If, on December 31 of the current year, total assets are $196,000, the change in owner's capital during the year was:（ ） - While in the process of posting from the journal to the ledger, a company failed to post a $500 debit to the Equipment account. The effect of this error will be that: （ ）
A:Include the ledger. B:Provide objective evidence that a transaction has taken place. C:Include the chart of accounts. D:Must be in electronic form.
答案:Provide objective evidence that a transaction has taken place.
A:Accounts Payable B:Unearned Revenue C:Supplies D:J. Jackson, Capital
答案:Supplies
A:$40,300. B:$38,700. C:$41,500. D:$300.
答案:$40,300.
A:An increase of $73,500. B:An increase of $9,500. C:A decrease of $9,500. D:A decrease of $30,500.
答案:A decrease of $9,500.
A:The trial balance will not balance. B:The error will overstate the credits listed in the journal. C:The total debits in the trial balance will be larger than the total credits. D:The error will overstate the debits listed in the journal.
答案:The trial balance will not balance.
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