BANK RECONCILIATION: What type of account is bank expense?

		A. Asset
		B. Liability
		C. Equity--Capital
		D. Equity--Revenue
		E. EquityExpense

INVENTORY METHODS: Co. A has the following units of purchases, total sales for the year and ending inventory: Purchase 6/1 600 units at $15 each, Purchase 9/1 400 units @ 20 each, and total sales for the year 700 units and ending inventory 600. How many units are in beginning inventory?

		A. 500
		B. 400
		C. 300
		D. 200
		E. None of the above

SPECIAL JOURNALS: In which journal is an adjusting entry recorded?

		A. Cash Receipts
		B. Cash Payments
		C. General
		D. Sales
		E. None of the above

INVENTORY METHODS: Co. D. Using the specific identification method, the following units make up the total of 600 units in ending inventory: 1/1 Beginning inventory of 200 units at $10 each, a purchase 2/28 of 200 units at $20 each and a purchase 6/15 of 200 units at$30 each. What is the total cost of the ending inventory?

		A. 9,000
		B. 8,000
		C. 6,000
		D. 4,000
		E. None of the above