Study Guides for COMMERCE 1AA3 at McMaster University

find more resources at oneclass.com COMMERCE 1AA3- October 3, 2018 Week 4 Accounting Quiz 3 Corrections The balance in Common Sh...

COMMERCE 1AA3- September 26, 2018 Week 3 Accounting Quiz Corrections Suppose Donalds Ltd. holds a loan receivable from a client. At the end of May, 125 of interest revenue has been earned but not received. Prepare the adj...

COMMERCE 1AA3 December 3, 2018 Exam Review Chapter 5 Periodic and perpetual *slide 17 chart* understand the journal entries, understand how it affects financial statements Period adjusts at the end of the accounting period...

COMMERCE 1AA3 December 3, 2018 Exam Review Breakdown Chapter TF MC Total 5 5 13 18 26 6 4 12 16 23 8 6 15 21 30 9 3 6 9 13 11 2 4 6 9 20 50 70 Chapter 5- Inventory and Cost of Goods Sold - Cost of goods sold is the most im...

COMMERCE 1AA3 November 23, 2018 2017 Exam Questions: Question 10 The carrying value of a bond from the issuing corporations standpoint will always move towards to its face value, regardless of whether the bond is issued at...

Quiz 2 Question 1: Three of your friends, already finished university, recently purchased a McDonalds franchise in downtown Toronto. Unfortunately, there was an ice storm last week and one of their customers slip...

Quiz 3 Question 1: Four of your friends, already finished college, recently started a construction company in Brantford, Ontario. They are building low cost residential houses in the citys north end, a 20 minute commut...

Quiz 1 Question 1: Briefly explain the difference between the cash basis of accounting and the accrual basis of accounting. Are adjusting entries necessary under both methods? The cash basis of accounting recogniz...

Quiz 4 Question 1: Four of your friends, already finished college, recently started a construction company in Brantford, Ontario. They recently finished building two residential homes. Unfortunately, two days prior to cl...

Final Exam Practice - 2007 Fall Name: Date: 1. A change in estimate should A) result in restatement of prior period statements. B) be handled in current and ...

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Last Name: _________________________ First Name: _________________________ STUDENT ID #: _____________________ ...

Last Name: _________________________ First Name: _________________________ STUDENT ID #: ___________________ ...