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Question # 1

* Review and complete all parts of Exercise 4.7 on page 171 of the text.
* This problem must be completed using Excel or a sample general journal page.
* All parts of the question must be clearly identified
* All supporting calculations must be shown.
* This assignment must be submitted as a file attachment.
* Adjusting entry (3): Credit Marketing Revenue Earned, $64,000

Question #2
EXCEL TEMPLATE FOR 4.4

* Complete and submit Problem 4.4 A on pp. 176-177 in the text.
* Use the template provided on the student website to submit your work. You will need to save this file to your own PC and then attach your file below using the Create an Assignment icon. Please review the Angel instructions for submitting assignments as file attachments if you need additional clarification.Please note: the excel template states the problem as 4-4 instead of 4-4a. Click here to access the template for this problem.
* According to your text illustrations, you know that you must indent credit accounts in a general journal, but this template does not allow you to do so, so don’t try to do it. The template does, however, allow you to write all your transaction explanations in your general journal. Write all journal explanations in your general journal.
* All supporting calculations should be shown.
* Part B responses should be in complete sentences with explanations and/or supporting calculations.
* Part C response should be in complete sentences with full explanation.
* Adjusting entry (1): Credit Prepaid Film Rental, $15,200

Question #3

* Read and review Case 4.2 on page 190 of the text.
* Use complete sentences to answer all questions.
* Each part of the question should be appropriately labeled and the individual answers must be fully documented.
* Submit your response to questions A and B as a file attachment.

5 Question Quiz:
1. CDK Inc.
Trial Balance
December 31
DEBITSCash……………………$ 15
Accounts Receivable………$ 25
Equipment……………………$190
Dividends……………………..$ 10
Salaries Expense…………..$ 85
Depreciation………………….$ 25
Supplies Expense…………..$ 15
TOTAL……………………….. $365
CREDITS
Accounts Payable…………..$ 20
Capital Stock…………………$105
Retained Earnings……………$ 55
Service Revenue………………$185
TOTAL…………………………..$365
What is the balance in income summary before it is closed to retained earnings?
A. 55
B. 50
C. 125
D. 60

2. Refer to the Trial Balance in Question 1. What is the balance in retained earnings at December 31?
A. 115
B. 105
C. 55
D. 60

3. Refer to the Trial Balance in Question 1. What is the total debits on the after-closing trial balance?
A. 230
B. 365
C. Some other amount.
D. 240

4. Refer to the Trial Balance in Question 1. Which accounts will appear on the balance sheet?
A. net income of $65
B. dividends of $10
C. none of the above
D. retained earnings of $55

5. Refer to the Trial Balance in Question 1. Which accounts are closed to income summary?
A. All accounts
B. Revenue and expenses.
C. Revenue, expenses, and dividends.
D. All accounts that are not nominal.

Chapter 3 Questions:

Discussion Question: 3.11

3.4A

Case: 3.2

Chapter 4 Questions:

Question # 1

* Review and complete all parts of Exercise 4.7 on page 171 of the text.
* This problem must be completed using Excel or a sample general journal page.
* All parts of the question must be clearly identified
* All supporting calculations must be shown.
* This assignment must be submitted as a file attachment.
* Adjusting entry (3): Credit Marketing Revenue Earned, $64,000

Question #2
EXCEL TEMPLATE FOR 4.4

* Complete and submit Problem 4.4 A on pp. 176-177 in the text.
* Use the template provided on the student website to submit your work. You will need to save this file to your own PC and then attach your file below using the Create an Assignment icon. Please review the Angel instructions for submitting assignments as file attachments if you need additional clarification.Please note: the excel template states the problem as 4-4 instead of 4-4a. Click here to access the template for this problem.
* According to your text illustrations, you know that you must indent credit accounts in a general journal, but this template does not allow you to do so, so don’t try to do it. The template does, however, allow you to write all your transaction explanations in your general journal. Write all journal explanations in your general journal.
* All supporting calculations should be shown.
* Part B responses should be in complete sentences with explanations and/or supporting calculations.
* Part C response should be in complete sentences with full explanation.
* Adjusting entry (1): Credit Prepaid Film Rental, $15,200

Question #3

* Read and review Case 4.2 on page 190 of the text.
* Use complete sentences to answer all questions.
* Each part of the question should be appropriately labeled and the individual answers must be fully documented.
* Submit your response to questions A and B as a file attachment.