Financial Accounting; Final; Chapter 10-11, 13
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| A current liability is... | show 🗑
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| show | credits Notes Payable for the note's face value.
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| A note payable is in the form of... | show 🗑
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| Sales taxes collected by a retailer are recorded by... | show 🗑
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| show | expenses of the customers.
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| Employee payroll deductions include each of the following except... | show 🗑
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| show | Federal income tax
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| Which one of the following would not be considered an advantage of the corporate form of organization? | show 🗑
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| show | profit and not-for-profit.
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| Jason Thomas has invested $200,000 in a privately held family corporation. | show 🗑
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| The primary purpose of the statement of cash flows is to... | show 🗑
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| Financing activities involve... | show 🗑
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| Investing activities include... | show 🗑
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| Cash receipts from interest and dividends are classified as... | show 🗑
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| The contractual interest rate is always stated as a(n)... | show 🗑
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| show | term bonds.
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| The two ways that a corporation can be classified by ownership are... | show 🗑
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| show | a bond indenture.
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| show | corporation.
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| Stockholders of a corporation directly elect the... | show 🗑
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| The chief accounting officer in a company is known as the... | show 🗑
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| A factor which distinguishes the corporate form of organization from a sole proprietorship or partnership is that... | show 🗑
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| show | Up to his total investment of $200,000.
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| show | Limited liability of stockholders.
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| The par value of a stock is... | show 🗑
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| The statement of cash flows summarizes... | show 🗑
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| What is the order of the Cash flow statement? Part 1 Cash Flows -- CF Net Cash --NC Common Stock--CS | show 🗑
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| What is the order of the Cash flow statement? Part 2 Cash Flows -- CF Net Cash --NC Common Stock--CS | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
ibenoit95
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