please anwer this within a hour 1 all questions

1. Which of the following does not indicate the accounting equation correctly? DAssets-Liabilities - Equity 2 Assets = liabilities + equity 3Equity-Liabilities = Assets Assets-Equity = Liabilities 2. Which of the following does not correspond to an accounting transaction? Sign a contract to purchase equipment and pay a down payment. 2 Goods in possession are lost in a warehouse fire. 3Hiring excellent employees. Advertise in the newspaper and pay for advertising later. 3. Which of the following cannot be recorded as an asset? (DDown payment paid in advance to purchase land 2Payments that have not yet been paid after purchasing equipment on credit 3Sales proceeds that have been sold and have not yet been recovered Products held for sale 4. Which of the following cannot be recorded as a debt? Funds borrowed from a bank Purchase price that has not yet been paid after purchasing the product on credit 3Employee salaries not paid as of the end of the month Down payment paid in advance for land purchase 5. Which of the following is grouped only by items belonging to the asset? (A)Accounts receivable (2)Notes payable (7)Supplies (Zl)Inventory (0)Accounts payable (A) (C) (D) 2 (A) (D) (E) 3(B) (C) (E) (C) (D) 6. What is the change in accounting equations when a transaction occurs in which a transaction is received in cash for providing and receiving services in the past is? Increase in assets and increase in liabilities 2 Increase in assets and increase in capital 3Decrease in debt and increase in capital Increase in assets and decrease in assets 7. What are the transactions that lead to capital fluctuations as a result of the following transactions? Borrow 10 million won in cash from a bank. @Rent was incurred 1 million won, but promised to pay it later.. 3Pay 2 million won in cash. Collect 3 million won of accounts receivable in cash. 8. What is the company's capital (net assets) when the company's assets and liabilities are as follows? Inventories 100,000-4, Notes receivables 40,000 Accounts payables 70,000 2, Supplies 80,0009Accounts payable 10,000-4 D220,000 2160,000 3140,000 060,000 9. The following is the data obtained from the company's test balance sheet for the current year. Assets 85,000, Liabilies 32,000?, Equities 30,000, Revenues ? Expenses 43,000 How much profit will be recorded on the trial balance for the current period? 44,000 246,000 366,000 2 73,000 10. The following is the data obtained from the company's test balance sheet for the current year. Assets 250,0009, Liabilities 120,000, Equities ?, Revenues 150,0002, Expenses 100,000 How much capital will be displayed in the company's statement of financial position at the end of the current period?? 180,000 2100,000 3120,000 4130,0002 11. How does a transaction of purchasing supplies on credit change the elements of the transaction?? Assets increase and revenues increase 2Assets increase and liabilities increase 3Assets decrease and expenses increase Equities increase and revenues increase 12. How will a transaction incurred but not paid yet affect the elements of the transaction? DAssets decrease and expenses increase 2Assets increase and liabilities increase 3Expenses increase and liabilities increase Equities increase and expenses increase 13. Which of the following transactions cannot be combined as an element of a transaction? Assets increase and assets decrease 2 Assets decrease and liabilities decrease 3 Liabilities increase and expenses increase Liabilities increase and revenues increase 14. The following set of accounts and bookkeeping methods is not correct? Accounts Receivable Account-Debited as it increases 2 Accounts Payable Debited when decreases 3Rent Account-Debited when incurred Capital account-debited when increasing 15. What is an appropriate journal entry for a transaction that pays KRW 1,000 outstanding payments in cash when acquiring equipment in the past? (Debit) Cash 1,000 (Credit) Accounts payable 1,000 2 (Debit) Supplies 1,000 (Credit) Cash 1,000 3 (Debit) Cash 1,000 (Credit) Accounts payable 1,000 4 (Debit) Accounts payable 1,000 (Credit) Supplies 1,000 16. Looking at the following journal entry, what is the correct estimate of the transaction that took place? (Debit)Bonds payable 2,000 (Credit)Cash 2,000 Borrowed 2,000 won in cash from a bank.. 2 The 2,000 won borrowed from the bank was repaid in cash. 3The debt of 2,000 won was received in cash. Loan is acquired for payment of KRW 2,000 in cash. 17. What is the company's net income when the data on the company's income and expenses during the fiscal year are as follows? Sales 200,000 won, interest expense 40,000 won, salary 70,000 won, advertising expenses 20,000 won, interest income 10,000 won, Loss on disposal of tangible assets KRW 10,000 70,000 80,000 3100,000 @120,000 18. This is the data of the current trial calculation table of the company established in the current year. What is the total amount of equity (net assets) in the statement of financial position at the end of the year? Cash 7,000 won, unpaid amount 6,000 won, capital ?, equipment 15,000 won, sales 22,000 won, salary 10,000 won, rent 4,000 won, accounts receivable 12,000 won 120,000 224,000 328,000 435,000 19. Among the following procedures, which are not grouped as closing procedures? (A)Create a journal entry, (B)Posting to General Ledger, (V)Preparation of prior-Trial balance, (D)Using a Worksheet, (E)Closing Books 1(A), (B) 2(A), (B), (C) 3(B), (D) (B), (D), (E) 20. What is the correct order of the closing process? (A)Using a Worksheet, (B)Conversion from cash basis to accrual basis, (C)Preparation of prior-Trial balance, (D)Closing Books 1(C)-(A)-(B)-(D) (C)-(B)-(A)-(D) 3(B)-(D)-(C)-(A) (A)-(C)-(D)-(B) 21. What has a verification function to determine whether the general ledger records are correct? Worksheet Journal 3 Trial balance General ledger 22. When the trial balance has the equal balance of the debit and credit, but we cannot be sure that there is no error in the book record. What is not such an example? DA transaction of 100 won in credit sales occurred, but the record of the transaction itself was omitted. The depreciation cost of 20 won was recorded, but without knowing it, the depreciation cost of 20 won was recorded once again. >Recording of selling land for credit were not treated as accounts receivable, but were treated as accounts receivable. @Paying salaries to employees, recording only transactions on cash payments. 23. The C company (the fiscal year ends on December 31) purchased fire insurance on April 1, 2021, and paid 120,000 won for one year in cash, all of which were treated as insurance premiums. At the end of 2021, what adjusting journal entry should be reflected in the books related to insurance premiums? D(Dr)Insurance expense 30,000 (Cr)Prepaid insurance 30,000 2 (Dr)Insurance expense 90,000 (Cr)Prepaid insurance 90,000 3 (Dr)Prepaid insurance 30,000 (Cr)Insurance expense 30,000 (Dr)Prepaid insurance 90,000 (Cr)Insurance expense 90,000 24. On October 1, 2021, the company A (the fiscal year ends on December 31) rented a warehouse to B Corporation, and received 120,000 won for one year's rent in cash, and all this was treated as rental income. What is the revised journal entry to be reflected in the books related to rental income at the end of 2021? D(Dr)Unearned revenue 30,000 (Cr)Rent 30,000 (Dr)Unearned revenue 90,000 (Cr)Rent 90,000 3(Dr)Rent 30,000 (Cr)Unearned revenue 30,000 (Dr)Rent 90,000 (Cr)Unearned revenue 90,000 25. Which of the following fields deals with techniques for using cost data for decision making?? DCost Accounting 2Financial Accounting 3Auditing Managerial Accounting Accounting Principles 26. Which of the following is not characteristic of management accounting? 1For inside users 2The information should be objective (3 The information is used for control Non-profit entities also can use it 27. Which of the following are the characteristics of management accounting? DInformation is used for shareholders and bondholders 2Financial statements are made 3IFRS or GAAP is used The information is used for decision making 5Strict use of accounting standards 28. The area of management accounting has been expanded in recent years as a field to help managers make decisions. What is wrong about the nature of this management accounting? Mainly provides forward-looking information. Provides objective and verifiable information. 3It is based on a specific report in the format specific to each company.. There are no common standards for writing. 6 There is no reporting cycle, so it is an occasional report.. 29. What is not correct to describe the management accounting aspect of cost accounting? Providing cost data for control 2Providing cost data for corporate special decision making 3Providing cost data for overall management plan Providing cost data for stakeholders outside the company Providing cost data for performance evaluation of production departments 30. Among the following items, which can be included in the manufacturing cost of Company A, which is in the manufacturing industry, the most appropriate one is? DSalary of salespeople in charge of product sales Loss on disposal of tangible assets due to disposal of old machinery 3Utility cost according to factory operation Foreign currency translation gains on trade receivables received in dollars 31. It can be classified into variable cost, fixed cost, semi-variable cost, and semi-fixed maintenance cost according to how the cost changes when the operating degree changes. What is the most appropriate explanation for fixed cost? It is a cost that increases or decreases proportionally according to the increase or decrease of the operating degree. 2The cost per unit of a product decreases as the operation degree increases, because it is fixed within the relevant range. 3 When the operating degree is 0, a certain amount is incurred, and the cost increases proportionally according to the operating degree from then on. Regardless of the operating level, the cost per unit of a product is always constant. 32. What is not characteristic of individual costing calulation? Suitable for use in the shipbuilding industry DIt is convenient to use the work cost table. 3Direct tracking of all manufacturing costs by operation 4 Calculate and use the equivalent units 5Actual or normal costs can be used. 33-38. Construction Company A started construction of the bridge in Seoul in 2019 and completed it in 2021. In 2020, construction of office buildings in Busan. In 2021, construction of a shopping center began in Gwangju. Construction in Busan and Gwangju was not completed until the end of 2021. The cost of construction work in Seoul, Busan, and Gwangju in 2021 and the amount of improvement in basic works are as follows. The cost of work in progress at the beginning of 2021 is the construction cost of Seoul and Busan incurred in 2019 and 2020. Seoul Busan Gwangju Total Actual direct material cost 200 90 60 50 Actual direct labor cost 50 20 18 12 Actual direct manufacturing cost 62 110 78 250 Actual indirect manufacturing cost 100 Actual total manufacturing cost for the current period 350 beginning balance of Work in process 250 50 200 Total This enterprise allocates manufacturing overhead costs to individual construction projects based on direct manufacturing costs. The cost for each construction work can be obtained using actual manufacturing overhead costs or planned manufacturing overhead costs. 0 600 * Actual costing If this company calculates the actual cost, it distributes the actual manufacturing indirect cost to each construction according to the actual direct manufacturing cost, which is the distribution standard, as shown in the following table. Calculate the manufacturing indirect cost by multiplying the actual distribution ratio obtained by dividing the actual total manufacturing indirect cost by the actual total direct manufacturing cost by the direct manufacturing cost of each construction Seoul Busan Gwangju Actual direct material cost 90 50 60 200 Actual direct labor cost 20 12 18 50 Actual direct manufacturing cost 110 62 78 250 Actual indirect manufacturing cost ???Q33 ???Q34 ???Q35 Actual total manufacturing cost for the current period beginning balance of Work in process 200 50 0 250 Total 600 Total 36. If a company uses normal costing to quickly obtain cost information for each construction, it determines the estimated allocation rate of manufacturing overhead costs in early 2021. If the projected total manufacturing overhead cost in 2021 is 120 and the projected direct manufacturing cost is 240, what is the estimated distribution rate? The result of distributing manufacturing overhead costs calculated by multiplying this planned allocation rate by the actual direct manufacturing cost of each construction is as follows. Actual direct material cost Actual direct labor cost Actual direct manufacturing cost Actual indirect manufacturing cost Actual total manufacturing cost for the current period beginning balance of Work in process Total Seoul 90 20 110 ???Q37 Busan 50 12 62 ???Q38 Gwangju Total 60 200 18 50 78 250 ???Q39 200 50 0 250 40-50. January 2020 is the first month to start production of gochujang. Please fill in the table below using the information below. (1) Equivalent Units in January Physical units Equivalent units Production data (thousand Completion buckets) Direct Material Conversion Units completed 20 100% 20 20 and transferred Direct Work in process, 80% 6.4 8 Material January 31 Conversion 50% 4 Total 28 26.4 24 (2) Cost information in January Manufacturing cost Direct material cost Conversion cost Current total manufacturing cost Amount(1,000 won) 66,000 54,000 120,000 Conversion cost Total 39-42. Fill in the table Direct material cost costs per equivalent ???Q40 unit Total manufacturing ???Q41 ???Q42 process, costs work in January 31 ???Q43