Quiz – Flint Hills, Inc.
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Prepare the four adjusting journal entries.
Calculator Preview
Your numbers will vary.
Prepare the four adjusting journal entries.
Your numbers will vary.
Assuming no income taxes, compute the company’s net income (or loss), total current assets, total current liabilities, and total shareholders’ equity.
Your numbers will vary.
Given an annual report to shareholders, they ask you to prepare the income statement for the year-end.
Your numbers will vary.
Given an annual report to shareholders, they ask you to prepare the balance sheet.
Your numbers will vary.
Find the accounts receivable valued in the balance sheet.
Your numbers will vary.
Find what adjusting entry is necessary on June 30?
Your numbers will vary.
What is the adjusting entry to record accrued salaries at the end of the month?
Your numbers will vary.
Given an income statement and dividend information, they ask you to prepare the necessary closing entries.
Your numbers will vary.
Given expenses and fees determine the company’s accrual-basis net income.
Your numbers will vary.
Given a list of cash flows and balance sheet information they ask you to prepare an accrual basis income statement and determine the balance sheet amounts.
Your numbers will vary.