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Author Archives: Anonymous

Match accounting terms with their definitions.  Note: there…

Match accounting terms with their definitions.  Note: there are more terms than definitions. Some terms will not be used.

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Which one of the following elements is NOT one of the four m…

Which one of the following elements is NOT one of the four most abundant elements found in living organisms? a. Ca          b. O           c. N          d. H

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Imagine that you are the manager of a company playing a game…

Imagine that you are the manager of a company playing a game of Monopoly. For the transactions described below, make the appropriate entries in the horizontal accounting model to record each transaction’s effects on the balance sheet, income statement, and cash flow statement.  Assume that each transaction is independent of all other transactions listed anywhere in this exam. At year-end on 12/01 you calculate that your income tax expense is $125. Earlier in the year, you prepaid income taxes in the amount of $200 so that, as of year-end, you have a balance of $200 in prepaid income taxes. Assume that you have no other tax related balances. Make the adjusting entry for income taxes at the end of year 1. Date Balance SheetA = L + OE Income StatementR – E = NI Cash Flow StatementOA + IA + FA = NCF 12/01 (adjusting) [bs] [is] [cfs] Notes on answer format: For each affected account, enter (in this order) a sign (+ or -), an account abbreviation (use the official account abbreviations which you can review by looking at the images at the bottom of this question. Pay attention to capitalizations!) and a dollar amount (only numbers, no commas). Do not use any spaces. Always include an “=” sign. If there is nothing on the right-hand-side of the equals sign, enter “=0”.  If there is nothing on the left-hand-side of the equals sign, enter “0=”. If the event does not have an impact on one of the financial statements, enter a zero. 

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Imagine that you are the manager of a company playing a game…

Imagine that you are the manager of a company playing a game of Monopoly. For the transactions described below, make the appropriate entries in the horizontal accounting model to record each transaction’s effects on the balance sheet, income statement, and cash flow statement.  Assume that each transaction is independent of all other transactions listed anywhere in this exam. On 1/01, you receive $2,000 in cash from equity investors to start your company and begin playing the game.  Date Balance SheetA = L + OE Income StatementR – E = NI Cash Flow StatementOA + IA + FA = NCF 1/01 [bs] [is] [cfs] Notes on answer format: For each affected account, enter (in this order) a sign (+ or -), an account abbreviation (use the official account abbreviations which you can review by looking at the images at the bottom of this question. Pay attention to capitalizations!) and a dollar amount (only numbers, no commas). Do not use any spaces. Always include an “=” sign. If there is nothing on the right-hand-side of the equals sign, enter “=0”.  If there is nothing on the left-hand-side of the equals sign, enter “0=”. If the event does not have an impact on one of the financial statements, enter a zero. 

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37. Vascular means there are blood vessels.  Avascular means…

37. Vascular means there are blood vessels.  Avascular means the complete opposite.  Therefore the prefix “a” means …

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11. Some cells contain large numbers of mitochondria while o…

11. Some cells contain large numbers of mitochondria while others have relatively few or none.  This suggest that

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43. Control mechanisms that lower blood pressure in response…

43. Control mechanisms that lower blood pressure in response to a rapid rise in blood pressure are classified as:

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10. Homeostasis is the condition in which the body maintains

10. Homeostasis is the condition in which the body maintains

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Historically, women were considered the obvious choice for n…

Historically, women were considered the obvious choice for nursing sick patients, because

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Which of the following represent the state changes of water?

Which of the following represent the state changes of water?

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