Accounting Chapter 7 Test - Problems

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Balance Sheet - Liability

Accounts Payable - Supplies Plus

Balance Sheet - Asset

Accounts Receivable - S. Romano

Income Statement - Expense

Advertising Expense

Eiler Copy Service Balance Sheet September 30, 20--

Balance Sheet Heading, Eiler Copy Service For September 30th

Balance Sheet - Asset

Cash

Income Statement - Expense

Cash Short and Over

Balance Sheet - Owner's Equity

Cheryl Eiler, Capital

Neither

Cheryl Eiler, Drawing

Capital Account Balance + Net Income - Drawing Account Balance

Current Capital Equation (Net Income)

Capital Account Balance - Net Loss - Drawing Account Balance

Current Capital Equation (Net Loss)

Eiler Copy Service Income Statement For Month Ended September 30, 20--

Income Statement Heading - Eiler Copy Service. For September 30

Neither

Income Summary

Income Statement - Expense

Insurance Expense

Income Statement - Expense

Miscellaneous Expense

Net Income / Total Sales

Net Income Ratio Equation (Percentage)

Net Loss / Total Sales

Net Loss Ratio Equation (Percentage)

Balance Sheet - Asset

Petty Cash

Balance Sheet - Asset

Prepaid Insurance

Income Statement - Revenue

Sales

100%

Sales Percentage

Balance Sheet - Asset

Supplies

Income Statement - Expense

Supplies Expense

Total Expenses / Total Sales

Total Expense Ratio Equation

Income Statement - Expense

Utilities Expense


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