ACC 100 Study Guide - Final Guide: Retained Earnings, Current Liability, Accounting Equation
10 Sep 2016
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Document Summary
The following questions are adapted from financial accounting: tools for business decision- Making, by kimmel, weygandt, kieso, trenholm, & irvine, 5th canadian edition. These questions do not, in any way, indicate the type, content, or style of questions that will be on the final exam. This package is for additional practice so students can determine what they know and what they do not know. Note that these questions do not include concepts prior to chapter 6. The final exam will be cumulative (include all chapters from 1 to 9). For a review of the first 5 chapters see the midterm review package. Solutions to these questions will be posted in a separate document. On january 6, compton limited sold merchandise on account to singh inc. for ,000, terms. On january 15, singh paid the amount due. Both compton and singh use a perpetual inventory system.
