Fall 2005
Exam 5: Current Notes and Accounts Receivable
25
20
Total
Exam 5 Practice Test
| ACCT 260: Intermediate Accounting I Fall 2005 Exam 5: Current Notes and Accounts Receivable |
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| Test Composition: | Points | |||
| Problem 1: | Journal entries to account for the factoring of receivable | 20 | ||
| Problem 2: | Journal entries to record accounts receivable transactions using the gross and net methods | 25 |
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| Problem 3: | Journal entries to account for short-term notes receivable [2nd exercise] | 20 | ||
| Problem 4: | Journal entries to account for the assignment of accounts receivable | 15 | ||
| Problem 5: | Journal entries to account for bad debts using the direct and allowance methods | 20 |
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Total |
100 | |||
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Exam 5 Practice Test
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