Suggested Answers

Problem 1
1. D
2. C
3. A
4. B
5. A
Problem 2
1. B
2. A
3. C
4. D
Problem 3
Adjusting entries
Problem 4
1. A
2. A
3. C
Problem 5
1. A
2. B
3. C
4. A
5. B
Problem 6
1. D
2. B
3. C
4. C
5. D
6. A
7. C
Problem 7
1. C
2. D
3.
4. A
5. B

Problem 8
1. C
2. B
3. C
4. C
5. D
6. A
7. C
8. B
9. B
10. B
11. A
12. A
13. D
14. C
15. D
16. A
17. D
18. C
19. A
20. A