Acct

• The actual exam is much longer than

this sample exam.

• Do not assume that the actual exam

will use in-class exercises.

ACCT 2010

Sample Midterm Exam

March 2015

30 minutes

Last Name: ___________________

First Name: ___________________

Student No.: __________________

Session: □ L14 12:00-13:20

□ L16 15:00-16:20

□ L15 16:30-17:50

Please use non-erasable pen or ball pen (pencil is

forbidden) for answering all questions

• The actual exam is much longer than

this sample exam.

• Do not assume that the actual exam

will use in-class exercises.

• The actual exam is much longer than

this sample exam.

• Do not assume that the actual exam

will use in-class exercises.

Total Points

Part 1

**

Part 2

**

Part 3

**

Part 4

**

Part 5

**

Total

**

Your Points

• The actual exam is much longer than

this sample exam.

• Do not assume that the actual exam

will use in-class exercises.

Answer Sheet for PART 1:

(Please do NOT tear off this page from the question and answer book)

Circle the answer:

1.

True

False

2.

True

False

3.

True

False

4.

True

False

5.

True

False

6.

True

False

7.

True

False

8.

True

False

9.

True

False

10.

True

False

Answer Sheet for PART 2:

(Please do NOT tear off this page from the question and answer book)

Enter the answers in CAPITAL LETTERS:

1.

2.

3.

4.

5.

6.

7.

8.

Answer Sheet for PART 5:

1.

2.

Part 1 (** points; ** minutes; no credit if your answers are all the same)

True or False: Please indicate whether the statement is true or false by circling the

answer

1. Because the McDonalds’ Corporation sells meals every day, these sales are continuous

transactions that should be recorded at the end of an accounting period.

True

False

2. Purchases of coupon books affect both the income statement and the balance sheet.

True

False

3. T-accounts are used to...