Can you please help me with these questions? I am on a tight deadline, of just 24 hours. I have attached the question and the answer sheet that is part of it. Please fill in the answers on the answer sheet in the way that it is laid out, as the document has the exact number of spaces so everything should fit perfectly. Thank you!

Name: Acct 220 Question 1: Suggested time 45 minutes: 30% points a. General Journal Entries: Date Account b. Adjusting Entries: Date Account Final-Exam Answer Sheet Page 1.of.8 Final Exam Debit Credit Debit Credit c. Adjusted Trial Balance: Adjusted Trial Balance Account Titles Final-Exam Answer Sheet Page 2.of.8 Debit Credit d. Classified Balance Sheet: Final-Exam Answer Sheet Page 3.of.8 e. Closing Entries: Date Account Debit Credit Question 2: Suggested time 15 minutes: 8% points a. Cost of Goods Available for Sale b. Sales c. Value of: 1) LIFO method 2) FIFO method 3) Average-cost method Final-Exam Answer Sheet Page 4.of.8 Ending Inventory COGS Question 3: Suggested time 15 minutes: 8% points Date Account Final-Exam Answer Sheet Page 5.of.8 Debit Credit Question 4: Suggested time 20 minutes: 10% points a. Answer: Year Depreciation Expense Total Accumulated Depreciation End of Year Book Value Depreciation Expense Total Accumulated Depreciation End of Year Book Value b. Answer: Year c. Answer Final-Exam Answer Sheet Page 6.of.8 Question 5: Suggested time 10 minutes: 10% points: Date Account Debit Credit Question 6: Suggested time 10 minutes: 4% points: Date Account Debit Credit Final-Exam Answer Sheet Page 7.of.8 Fill in the blank questions allocated 2% point each. Enter your answer in the blank text entry box provided next to the question number in the column titled "Answer." Question Number Answer Question Number Answer Question Number 7: 12: 17: 8: 13: 18: 9: 14: 19: 10: 15: 20: 11: 16: 21: Answer Now: check your answer sheet for the following point deduction item: > Did you make proper use of the dollar sign when required? > Did you incorrectly use the dollar sign in General Journal? >> If yes then now is the time to fix this error before you submit. > Did you make proper use of the comma sign when required? > Did you indent (five or six spaces) to the right for all credit accounts? > Does your answer sheet have your Name in the box next the word name? > Is your answer sheet saved as a Microsoft Word document with the correct document file name? Following instructions is important in the real world of business. I have know students to forfeit as much as an entire letter grade by not following the instructions provided. Final-Exam Answer Sheet Page 8.of.8 Fill in the blank questions allocated 2% point each. Enter your answer in the blank text entry box provided next to the question number in the column titled "Answer." Question 7: Frick Company estimates uncollectible accounts using the percentage ofreceivables method and expects that 5 percent of outstanding receivables will be uncollectible for 2010. The balance in Accounts Receivable is $200,000, and the allowance account has a $3,000 credit balance before adjustment at yearend. The uncollectible accounts expense for 2010 will be: Question 8: Frick Company issued its own $10,000, 90day, non interestbearing note to a bank. If the note is discounted at 10 percent, the proceeds to Frick are: Question 9: On 2010 July 1, Frick Company purchased equipment for $400,000, and installation and testing costs totaled $40,000. The equipment has an estimated useful life of 10 years and an estimated salvage value of $40,000. If Frick uses the double declining depreciation method, the depreciation expense for 2010 is: Question 10: A truck costing $45,000 and having an estimated salvage value of $4,500 and an original life of five years is exchanged for a new truck. The cash price of the new truck is $57,000, and a tradein allowance of $22,500 is received. The old truck has been depreciated for three years using the straightline method. The new truck would be recorded at: Question 11: Frick Company began the accounting period with $60,000 of merchandise, and net cost of purchases was $240,000. A physical inventory showed $72,000 of merchandise unsold at the end of the period. The cost of goods sold of Frick Company for the period is: Question 12: A business purchased merchandise for $12,000 on account; terms are 2/10, n/30. If $2,000 of the merchandise was returned and the remaining amount due was paid within the discount period, the purchase discount would be: Question 13: The following information: related to the bank reconciliation of the Flipper Company: Balance per bank statement Balance per ledger Deposits in transit Outstanding checks NSF check Service charges $1,951.20 $1,869.60 $271.20 $427.80 $61.20 $13.80 The adjusted/correct cash balance is: Question 14: During 2016, Bravo Company had credit sales of $40,000 and cash sales of $18,000. In 2016 Bravo collected $21,000 of accounts receivable resulting from sales on credit. Bravo incurred operating expenses of $7,500; of this amount, $2,900 was paid in 2016, and the $4,600 balance represented a liability at yearend. In addition to these operating expenses, Bravo also purchased for cash a threeyear insurance policy on January 1, 2016. The cost of this policy was $3,000. What is Bravo's 2016 cash basis net income? Question 15: During 2016, Bravo Company had credit sales of $40,000 and cash sales of $18,000. In 2016 Bravo collected $21,000 of accounts receivable resulting from sales on credit. Bravo incurred operating expenses of $7,500; of this amount, $2,900 was paid in 2016, and the $4,600 balance represented a liability at yearend. In addition to these operating expenses, Bravo also purchased for cash a threeyear insurance policy on January 1, 2016. The cost of this policy was $3,000. What is Bravo's 2016 accrual basis net income? Question 16: Bravo was paid $12,000 in advance for services to be performed. By the end of the year, only oneeighth of the services had been performed. What will be the financial statement disclosure for Bravo's Unearned Revenue at the end of the year? Question 17: Charlie Corporation's adjusted trial balance included the following items (all account balances are normal): Accounts payable $65,000, Accounts receivable $45,000, Capital stock $100,000, Cash $50,000, Dividends $10,000, Goodwill $47,000, Interest expense $4,000, Interest payable $2,000, Inventory $32,000, Notes payable $80,000, Prepaid expenses $5,000, Property, plant & equipment $123,000, Retained earnings $46,000, Rent expense $18,000, Revenues $101,000, and Salary expense $60,000. How much is retained earnings to be reported in the balance sheet? Question 18: Alpha Company provided the following data concerning its income statement: sales, $1,000,000; purchases, $400,000; beginning inventory, $250,000; ending inventory, $275,000; operating expenses, $95,000; freightin, $5,000; sales discounts, $20,000; purchases discounts, $15,000; sales returns & allowances, $120,000; and purchases returns & allowances, $45,000. The data are complete and provide the basis for preparation of an income statement. How much are net sales for Alpha Company? Question 19: Alpha Company provided the following data concerning its income statement: sales, $1,000,000; purchases, $400,000; beginning inventory, $250,000; ending inventory, $275,000; operating expenses, $95,000; freightin, $5,000; sales discounts, $20,000; purchases discounts, $15,000; sales returns & allowances, $120,000; and purchases returns & allowances, $45,000. The data are complete and provide the basis for preparation of an income statement. How much is cost of goods sold? Question 20: Alpha Company was preparing its monthend bank reconciliation. The cash balance per the general ledger was $1,645. Alpha's accountant discovered that the bank had charged $15 in service charges for the month, that outstanding checks were $60, and that there were no deposits in transit. What is the correct adjusted ending cash balance? Question 21:In preparing its August 31, 2015 bank reconciliation, Yankee Corp. has available the following information: Balance per bank statement, 8/31/15 Outstanding checks, 8/31/15 Return of customer's check for insufficient funds, 8/31/15 Deposit in transit, 8/31/15 Bank service charges for August $18,050.00 $3,250.00 $600.00 $2,750.00 $100.00 At August 31, 2015, Yankee's correct cash balance is