H 15 The company 2.000 every Servant of the sto per The jumatate TH Set Abo debit VED O A 1400 A ce to come to 120.000 el Colin ice 16 The number of the of Select Ory Outstanding and streh Suscribed the ting od Authors Den 17 hay Which of the following the latest ME SP Select one Sia Sot Ohock Dividend OV VE DC Dividend Bond Duo 18 NG A company thouse foong balance V1 Oy $1000000 2012 ww 175 000 Sael Seturns ad Awance Susch Cost of Good Sod 25. DOO 600.000 What is the group Sretan 75% NED User MG/ENQ Fin 350 che Oto 19 Net When the Othod used engine che Point 25 Th Selectere The most pred 0 The agent es The units with the highest per un cost the units with the lowest - 20 Not yet Coming eller and to which the Cast of Goods Soad Gross Prominels of sing prices! Sectone 15 Prati Costcoded FO FO Cast of Good Song SirosisDit UO LIFO Cost of GoodsSed Si Piot FIO uro 914 Cost of Gold LIFO Geos 21 11/ 100 unts sunt 1 Purchase 100 Seuns 12/31 100 12. Inoltre 110 Askers used undermend Select one a $200 The Corace Company issued 2,000 shares of $2 per value stock to pay for legal services provided by Scavone Company Market Value of the stock was $10 per share. The journal entry will include: Select one a. A $20.000 debit to Legal Services Expense b. A $4.000 debit to Legal Services Expense OC. A $20,000 credit to Common Stock d. A $20,000 credit to Paid-in-Capital in Excess of Par The number of shares of issued stock equals 2.5 stion Select one: a. Unissued shares minus treasury shares O b. Outstanding shares plus treasury shares c. Subscribed shares plus outstanding shares O d. Authorized shares minus treasury shares 17 Which of the following affects total stockholders' equity tof 25 Select one: a. Stock Split b. Stock Dividend O Cash Dividend Od, Bond Issuance Questo 18 A company shows the following balances Not yet answered Sales Points out of 2.5 P Flag question $1.000.000 Sales Returns and Allowances 175.000 Sales Discounts 25,000 Cost of Goods Sold 600,000 What is the gross profit rate? Select one O a. 60% b. 75% c. 40% d. 25% Questo 19 When the FIFO method is used ending riventory is assumed to consist of Not yet answered Points out of 25 F Flag question Select one: a. The most recently purchased it b. The oldest units The units with the highest per oltcost The units with the lowest peronitost Compating periodic Fland periodid Pro, which method results in lower amounts of Cost of Goods Sold and Gross Profit in periods of rising prices? Questo 20 Not yet wered Point out of 25 Pflag question Select Con Rods Sold Gott Question 20 Comparing periodic UFO and periodic FIFO which method results in lower amounts of Cost of Goods Sold and Gross Profit in periods of rising prices? Not yet answered Points out of 2.5 P Flag question Select one: 0 Cost of Goods Sold Gross Profit FIFO FIFO Cost of Goods Sold Gross Profit UFO LIFO Oc Cost of Goods Sold Gross Profit FIFO LIFO O d. Cost of Goods Sold Gross Profit UFO FIFO Question 21 Not yet answered Points out of 25 12/01 Beginning Inventory 100 units $6/unit Flag question 12/10 Purchase 100 units $8/unit 12/20 Purchase 200 units $9/unit 12/31 Ending Inventory 150 units Question 21 Not yet answered 12/01 Beginning Inventory Points out of 2.5 100 units @ $6/unit Flag question 12/10 Purchase 100 units $8/unit 12/20 Purchase 200 units @ $9/unit 12/31 Ending Inventory 150 units Assuming that a periodic inventory system is used, what is the ending inventory under the LIFO method? Select one: a. $2,200 b. $1,850 c. $1,350 O d. $1,000 H 15 The company 2.000 every Servant of the sto per The jumatate TH Set Abo debit VED O A 1400 A ce to come to 120.000 el Colin ice 16 The number of the of Select Ory Outstanding and streh Suscribed the ting od Authors Den 17 hay Which of the following the latest ME SP Select one Sia Sot Ohock Dividend OV VE DC Dividend Bond Duo 18 NG A company thouse foong balance V1 Oy $1000000 2012 ww 175 000 Sael Seturns ad Awance Susch Cost of Good Sod 25. DOO 600.000 What is the group Sretan 75% NED User MG/ENQ Fin 350 che Oto 19 Net When the Othod used engine che Point 25 Th Selectere The most pred 0 The agent es The units with the highest per un cost the units with the lowest - 20 Not yet Coming eller and to which the Cast of Goods Soad Gross Prominels of sing prices! Sectone 15 Prati Costcoded FO FO Cast of Good Song SirosisDit UO LIFO Cost of GoodsSed Si Piot FIO uro 914 Cost of Gold LIFO Geos 21 11/ 100 unts sunt 1 Purchase 100 Seuns 12/31 100 12. Inoltre 110 Askers used undermend Select one a $200 The Corace Company issued 2,000 shares of $2 per value stock to pay for legal services provided by Scavone Company Market Value of the stock was $10 per share. The journal entry will include: Select one a. A $20.000 debit to Legal Services Expense b. A $4.000 debit to Legal Services Expense OC. A $20,000 credit to Common Stock d. A $20,000 credit to Paid-in-Capital in Excess of Par The number of shares of issued stock equals 2.5 stion Select one: a. Unissued shares minus treasury shares O b. Outstanding shares plus treasury shares c. Subscribed shares plus outstanding shares O d. Authorized shares minus treasury shares 17 Which of the following affects total stockholders' equity tof 25 Select one: a. Stock Split b. Stock Dividend O Cash Dividend Od, Bond Issuance Questo 18 A company shows the following balances Not yet answered Sales Points out of 2.5 P Flag question $1.000.000 Sales Returns and Allowances 175.000 Sales Discounts 25,000 Cost of Goods Sold 600,000 What is the gross profit rate? Select one O a. 60% b. 75% c. 40% d. 25% Questo 19 When the FIFO method is used ending riventory is assumed to consist of Not yet answered Points out of 25 F Flag question Select one: a. The most recently purchased it b. The oldest units The units with the highest per oltcost The units with the lowest peronitost Compating periodic Fland periodid Pro, which method results in lower amounts of Cost of Goods Sold and Gross Profit in periods of rising prices? Questo 20 Not yet wered Point out of 25 Pflag question Select Con Rods Sold Gott Question 20 Comparing periodic UFO and periodic FIFO which method results in lower amounts of Cost of Goods Sold and Gross Profit in periods of rising prices? Not yet answered Points out of 2.5 P Flag question Select one: 0 Cost of Goods Sold Gross Profit FIFO FIFO Cost of Goods Sold Gross Profit UFO LIFO Oc Cost of Goods Sold Gross Profit FIFO LIFO O d. Cost of Goods Sold Gross Profit UFO FIFO Question 21 Not yet answered Points out of 25 12/01 Beginning Inventory 100 units $6/unit Flag question 12/10 Purchase 100 units $8/unit 12/20 Purchase 200 units $9/unit 12/31 Ending Inventory 150 units Question 21 Not yet answered 12/01 Beginning Inventory Points out of 2.5 100 units @ $6/unit Flag question 12/10 Purchase 100 units $8/unit 12/20 Purchase 200 units @ $9/unit 12/31 Ending Inventory 150 units Assuming that a periodic inventory system is used, what is the ending inventory under the LIFO method? Select one: a. $2,200 b. $1,850 c. $1,350 O d. $1,000