ADMS 1500 Study Guide - Quiz Guide: Income Statement, Toronto Transit Commission Fares

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30 Mar 2014
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Adms1500a - quiz 1 tue24sep13 30 minutes will count for 5% of the course grade. Have your york card & calculator in front of you. Wait for instructions to start the quiz but enter your name and student number. You will have an opportunity to ask questions before the quiz starts in case anything is not clear. You must submit your entire answer on this sheet. Discuss the importance of accounting to human resources managers. Question 3 - 4 marks (12 minutes) income statement que4stion. You used a small extra room in your building for which you paid your landlord an extra a month. During your first month you were 100% busy and had service revenue of ,000 and parts revenue of ,500. You charged double what you paid for the parts and replaced them each evening so you always carried a full inventory in your bag.

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