ACCT 100 Principles of Financial Accounting

Fall Semester 2010-2011

Homework questions
The following are suggested questions to try from each chapter of your
course pack for ACCT100.
Please note that it will greatly help your understanding if you work
through the Quick Check and Quick Study questions from each
chapter so I have not listed these below as I am assuming that you will
be working through these.
Although the homework questions are not graded, please do work
through these since the key to understanding accounting is to do lots
and lots of practice. Feel free to hand in the homework questions to
either myself or the TAs for checking or come and speak to us if there
are any issues at all.

Chapter
Topics
Ch. 1
Accounting in Business
Ch. 2

Analyzing and Recording Transactions

Ch. 3
Ch. 4

Adjusting Accounts and Preparing Financial

Statements
Completing the Accounting Cycle

Ch. 5

Accounting for Merchandising Operations

Ch. 6

Inventories and Cost of Sales

Ch. 8

Cash and Internal Controls

Ch. 9

Accounting for Receivables

Ch. 10

Plant Assets, Natural Resources, and

Intangibles
Current Liabilities

Ch. 11

Homework
Questions
Ex 2, 6, 7, 12, 13,
Pr 1A, 2A, 7A, 9A
Ex 1, 2, 8, 10, 11,
12
Pr 1A, 3A 6A
Ex 1, 2, 3, 4, 5, 6 8
Pr 1A, 2A, 4A
Ex 1, 2, 3, 4, 7
Pr 2A, 4A
Ex 1, 2, 8, 9
Pr 1A, 4A, 5A
Ex 1, 6
Pr 2A, 7A
Ex 8-8, 8-9
Pr 8-4A
Ex 1, 3, 5
Pr 2A, 3A, 5A
Ex 10-1, 10-3, 107, 10-11, 10-14
Ex 2, 3, 4, 5, 8
Pr 11-1A

Ch. 13

Accounting for Corporations

Ch. 14

Long term liabilities

Ch. 16

Reporting the statement of cashflows

Ch.17

Analysis of Financial Statements

Ex 4 12
Pr 2A, 4A, 5A
Ex 1, 2, 3, 11, 13
Pr 1A, 5A, 7A, 8A
Ex 2, 3
Pr 1A, 2A
Ex 1, 2, 3, 5, 6
Pr 1A, 2A, 4A