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Fall 2025 Financial Accounting I (ACCA-105-03)

Looking for Fall 2025 Financial Accounting I (ACCA-105-03) test answers and solutions? Browse our comprehensive collection of verified answers for Fall 2025 Financial Accounting I (ACCA-105-03) at ubmoodle.ub.edu.bs.

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Trial Balance 6pts

Remember you have to figure out the total for Accounts Payable. Hint  Total each column and REMEMBER Debit must equal Credit - 2pts

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Prepare a general journal similar to THIS

YOU MUST LABEL IT CORRECTLY. After you are complete WRITE Your answer in your notebook and bring it to class for a full grade

  1. Label it Page 4. 
  2. Record

    the following transactions in the journal and

    post the transaction description on A Separate line below each journal entry similar to above
  3. Sept. 6 Billed a customer for services performed, $3,800. 
  4. Sept 16 Received partial payment from the customer billed on September 6, $1,800

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1. Prepare A T-Account For Each Account - 11 Pts

2.

Prepare a trial balance in proper sequence for Ferdinand Repair Service as of

June 30, 2014

 7pts

Complete

this in your Notebook first - bring it to class

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Prepare a general journal similar to THIS

YOU MUST LABEL IT CORRECTLY. After you are complete WRITE Your answer in your notebook and bring it to class for a full grade

  1. Label it Page 5 . 
  2. Record

    the following transactions in the journal and

    post the transaction description on A Separate line below each journal entry similar to above
  3. Jan 01 Tom Jones invested $2,400 in cash to establish Tom'sAuto Shop. 
  4. Jan 01 Paid two months’ rent in advance, $1,680. 
  5. Jan 06 Purchased supplies on credit, $120. 
  6. Jan 09 Received cash for car services, $600. 
  7. Jan 10 Paid for supplies purchased in 5. 
  8. Jan 12 Paid utility bill, $72. 
  9. Jan 13 Withdrew $100 in cash

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