ACCT 311

  • ACCT 311 Quiz 1 (UMUC)

    ACCT 311 Quiz 1

    ACCT 311 Quiz 1 MULTIPLE CHOICE Which of the following is generally associated with payables classified as accounts payable On January 1, 2015, Hershey Co. leased a building to Mars Corp. for a ten-year term at an annual rental of $80,000. At...

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  • ACCT 311 Quiz 1 (Chap 13 - 16) (UMUC)

    ACCT 311 Quiz 1 (Chap 13 - 16)

    ACCT 311 Quiz 1 (Chap 13 - 16)  The quiz cosists of 25 Questions: 1. On August 31, Demich Co. partially refunded $180,000 of its outstanding 10% note payable made one year ago to Best Fededral Bank by paying $180,000 plus $18,000 interest, having...

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  • ACCT 311 Quiz 2 (Chap 17, 18, 23 and 24) (UMUC)

    ACCT 311 Quiz 2 (Chap 17, 18, 23 and 24)

    ACCT 311 Quiz 2 (Chap 17, 18, 23 and 24)   1. Isaac Inc. began operations in January 2013. For certain of its property sales, Isaac recognizes income in the period of sale for financial reporting purposes. However, for income tax purposes, Isaac...

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