ACCO 230 Final: __A230-Final-Fall 2009-practice.pdf

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Note for current students using this exam for practice purposes: exam is formatted for legal size paper. Sections a and b (s. mroz); section aa (s. tamas) Non-programmable / non-graphical calculators, and one ordinary dictionary, i. e. , not electronic. Show all answers in the spaces provided. If space is insufficient, use the back of the page. Show details of all calculations, except for multiple-choice. Invigilators will not answer questions, unless you think there is actually an error in the exam. Circle clearly (no overlap) the letter that corresponds to the best answer for each of the following. Included in the balance sheet of j ltd. on december 31, 2007 were total assets of ,000 and total shareholders" equity of ,000. During 2008 assets increased by ,000 and the company reported net earnings of ,000. Also during 2008 the company issued ,000 of new shares, and declared dividends of ,000.