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MUH213U

MUHASEBE I

2018-2019 Ara Sınav TE5-1-7
Soru 1

Which of the following sentence is correct?

Soru 2

What information will be reported on a balance sheet?

Soru 3

The expended balance sheet equation can be defined as which of the following?

Soru 4

Which of the following defines the procedure of transferring journal entries to the ledger accounts?

Soru 5

Which of the following accounts would be increased with a debit?

Soru 6

What is the name of the document that proves the mathematical equality of debits and credits after posting?

Soru 7
Date

Account Titles and Short Explanation

Debit

Credit

November 1, 2018

EQUIPMENT

30.000

ACCOUNTS PAYABLE

30.000

Soru 8

Which accounting principle requires that you will record the expenses at the same time with the revenues related with these expenses are recorded?

Soru 9

Which of the following is not one type of adjustments?



Soru 10

Which of the following is a “contra account”?

Soru 11

Which of the following is a list of all the accounts with their adjusted balances?

Soru 12

Where the adjusting entries will be recorded?

Soru 13

Which of the following is a true statement for post-closing trial balance?

Soru 14

Which of the following is a true statement for Income Summary account?

Soru 15

The balance of the Rent Expense account is 10.000 TL.



How does the company close the Rent Expense at the end of the period?

Soru 16
Soru 17

Which of the following assets is the most liquid among the others?

Soru 18

How do we call accounting because of understanding what is happening in organizations requires to know the meanings of the accounting numbers?

Soru 19

Which type of accounting will provide financial information to meet the information needs of external information users?

Soru 20

Which of the following assumption assumes that the financial transactions of the entity should be recorded separately from the economic activities of its owner and all other economic entities?