Financial Accounting Tests With Answers
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Acct 101

Free Book Summaries- 3 New York Times Bestsellers

Acct 102

Test 1 On The Accounting Equation Test 3 On  Financing Assets With Liability

1) Review of Journal Entries 

2) Adjusting Journal Entries, Preparing Income Statement and Balance Sheet

3) Closing, Reversing and Correcting Entries

4) Merchandising Journal Entries and Statements

One

Two

Three

Four 

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1) Notes Payable Discounted, Payroll
2) Payroll 

3) The Present and Future Value of Money
4) Installment Notes Payable
5) Selling Bonds and Bond inking Fund
One
Two

Three
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Five

Solutions 1 
Solutions 2

 Solutions 3 
 Solutions 4
 Solutions 5

Test 2 On Accounting for Assets Test Two On Analyzing Accounting Information
1) Petty Cash
2) Bank Reconciliation
3) Accounts Receivable 
4) Promissory Notes
5) Inventory Methods
6) Errors, Lower Cost or Market, Estimating Inventory
7) Depreciation  and Capitalization
8) Revising Depreciation, Ordinary Repairs and Betterments
9) Disposal of Plant Assets

One
Two
Three
Four
Five
Six
Seven
Eight
Nine

Solutions 1
Solutions 2
Solutions 3
Solutions 4
 Solutions 5 
Solutions 6
Solutions 7
 Solutions 8 
 Solutions 9
  

1) Cash Flow from Operating Activities
2) Cash Flow, Direct Method

3-4 Horizontal, Vertical and Trend  Analysis

5) Short-Term Marketable Debt Securities

6) Marketable Securities and
Lower Cost or Market

One
Two

Three
Four

Five
Six

Seven
Eight

Solutions 1
Solutions 2

  Solutions 3  
Solutions 4

Solutions 5
Solutions 6

Solutions 7 
Solutions 8

Test One On  Financing Assets With Equity    
1) Admitting a new partner
2) Distributing Partners Income
3) Selling Stock
4) Paying Dividends
5) Treasury Stock
6) Dividend of Common Stock

One
Two
Three
Four
Five
Six 

Solutions 1
Solutions 2
Solutions 3
Solutions 4
Solutions 5
 
Solutions 6
 

 

 

 

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