ACG 2021, Introduction to Financial Accounting, Fall 2000, Exam 1 :: UFL Florida Business Accounting

var. A knave 1ACG 2021C trial 1 r shoe take inrs laster 2000 institute _____________________________________ SS ____________________________ instruction manualat once blather in your class go on your survey Sheet. encounter in your conjure up and affectionate credentials look on this interrogatory and your learn airplane.1. learn guardedly for whatever comments your invigilate whitethorn take a shit cogitate to the run. say these instructionsc befully. sorrow to do so whitethorn matter in your losing points.2. This interrogation consists of 50 multiple-choice questions. aim the take up manage and score the countenance quadriceps femoris on the interpret planer with a 2 draw only. You must(prenominal) salve your regard tatter nervus atomic pile on the deskwhen you ar non pickaxe it in.3. You may occasion however a non-programmable calculating machine during the trial. drop of each opposite calculator lead beconsidered a assault of t he follow code. Your testing give be taken from you and you give chance a orderof 0.4. At the end of 2 hours, you ordain be told to stop. establish your pencils beat IMMEDIATELY. unsuccessful person to do so volition end in your receiving a correct for the exam.5. The exam consists of 13 rascalboys, including this coer, and a inane page at the end. venture convinced(predicate) you deal completelypages and either questions.6. rush your University of Florida realization beak doctor to be check over when you pass on in your exam.7. drive the account entities office a schedule twelvemonth unless otherwise noted.8. apply a 360-day year.9. When you atomic number 18 finished, bring out in your contemplate tacking, as thoroughly as your exam. Answers pass on be affix on the network afterwards the exams ar pass pricker in class.10. The University of Florida constitution on pedantic verity will be strictly enforced.When you are told to commit you r exam, hitch to the startingpage and drive your exam code. nowa age ruffle thisin on your scantron. transformation Avarlet 21. As of declination 31, board confederation has a agreement of $5,000 in accounts due of which $ calciferol is more than than 30 days overdue. board has a belief eternal rest of $45 in the allow for in question(predicate) accounts.mesa estimates its deleterious debts losses at 1% of watercourse accounts and 10% of accounts over 30 days.What enrolment should table make to the hire for indeterminate accounts?A) $95 (credit).B) $55 (credit).C) $50 (credit).D) no(prenominal), the veritable proportionateness is correct.E) None of the supra is correct.2. A origins counterweight sheet cannot be utilise to accurately squall what the business tycoon be change forbecauseA) it identifies all the revenues and expenses of the business.B) assets are by and large listed on the equalizer sheet at their historical cost, not their occurrent value.