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K B D Ch 1-4 Excel Quiz: Review Account Analysis, formulas, etc Identify Category: Asset (A), Liability (L), Owner's Equity (OE) Sub Accounts of OE:

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K B D Ch 1-4 Excel Quiz: Review Account Analysis, formulas, etc Identify Category: Asset (A), Liability (L), Owner's Equity (OE) Sub Accounts of OE: Capital (C). Withdrawals (w). Revenue (R), Expenses (Ex) What their normal balance side is: [Dr or Cr] and what Financial Statement it is found on Score Rubric Income Statement [IS] or Stmt of Owner's Equity (OE) or Balance Sheet [BS] ints Score 300 Ch's 182 Kean Dry Cleaners and Evans projects Ch 4 Normal BAL F57 Teme Acco Category DRICR ISIDERS Perm Glost? Insurance Expense OE/EX Dr IS Temp Yes Land 100 4pts ea Fees Income Notes Payable 0. Winfrey, Capital Office Supplies What is the "Fundamental Accounting Equation? 20 What are the 4 sub catagories of Owner's Equity? 12 Write the formulas for each of the following financial statements: Income Statement: 12 Statement of Owner's Equity: 20 Balance Sheet: 12 sample 10 10 10 What are the formulas for adjusting entries? Prepaids adjustment formula Formula for calculating Supplies Exp Formula for calculating Depreciation Exp What are FIVE types of adjusting entries? 15 Name the ten steps of the Accounting Cycle: 3pts each What are the account number ranges for each of the following catagories of Late accounts? See Canvas Lecture Ch 2 "Embellishment of text's account numbering..." 5 pts each mt numbering Answer 5 ASSETS 5 LIABILITIES 5 OWNER'S EQUITY 5 REVENUE 5 EXPENSES ing What are the two steps of Closing? 12 pts each 12 1 1 2 3 4 5 6 7 8 9 12 10 2 atg Cycle 30 300 300 100% Sheet1 Sheet3 K B D Ch 1-4 Excel Quiz: Review Account Analysis, formulas, etc Identify Category: Asset (A), Liability (L), Owner's Equity (OE) Sub Accounts of OE: Capital (C). Withdrawals (w). Revenue (R), Expenses (Ex) What their normal balance side is: [Dr or Cr] and what Financial Statement it is found on Score Rubric Income Statement [IS] or Stmt of Owner's Equity (OE) or Balance Sheet [BS] ints Score 300 Ch's 182 Kean Dry Cleaners and Evans projects Ch 4 Normal BAL F57 Teme Acco Category DRICR ISIDERS Perm Glost? Insurance Expense OE/EX Dr IS Temp Yes Land 100 4pts ea Fees Income Notes Payable 0. Winfrey, Capital Office Supplies What is the "Fundamental Accounting Equation? 20 What are the 4 sub catagories of Owner's Equity? 12 Write the formulas for each of the following financial statements: Income Statement: 12 Statement of Owner's Equity: 20 Balance Sheet: 12 sample 10 10 10 What are the formulas for adjusting entries? Prepaids adjustment formula Formula for calculating Supplies Exp Formula for calculating Depreciation Exp What are FIVE types of adjusting entries? 15 Name the ten steps of the Accounting Cycle: 3pts each What are the account number ranges for each of the following catagories of Late accounts? See Canvas Lecture Ch 2 "Embellishment of text's account numbering..." 5 pts each mt numbering Answer 5 ASSETS 5 LIABILITIES 5 OWNER'S EQUITY 5 REVENUE 5 EXPENSES ing What are the two steps of Closing? 12 pts each 12 1 1 2 3 4 5 6 7 8 9 12 10 2 atg Cycle 30 300 300 100% Sheet1 Sheet3

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