TRƯỜNG ĐẠI HỌC NGOẠI NGỮ - TIN HỌC ĐỀ THI KẾT THÚC HỌC PHẦN

THÀNH PHỐ HỒ CHÍ MINH BẬC ĐẠI HỌC / CAO ĐẲNG – HỆ CHÍNH QUY
KHOA QUẢN TRỊ KINH DOANH QUỐC TẾ Học kỳ II - Năm học 2020 - 2021
_____________ Khóa 2019

ĐỀ CHÍNH THỨC 3 Môn: Nguyên lý kế toán

(Đề có 03 trang) Thời gian làm bài: 90 phút, không kể thời gian phát đề
(SV KHÔNG được sử dụng tài liệu)

Important note:

Students will lose marks if making errors on account titles or accounting forms.

EXERCISE 1: (5 marks)

Lani, an architect, organized Back To Basics on January 1, 2020. During the month, Back To Basics has
the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Automobiles,
Equipment, Notes Payable, Accounts Payable, Common Stock, Professional Fees, Salary Expense,
Blueprint Expense, Rent Expense, Automobile Expense, Miscellaneous Expense.

A. Paid cash for supplies, $2,100.

B. Paid cash for annual insurance policies, $3,600 .
C. Received cash from client for plans delivered, $9,000.
D. Paid cash for miscellaneous expenses, $2,600.
E. Paid cash to creditors on account, $4,000.
F. Paid installment due on note payable, $1,875.
G. Received invoice for blueprint service, due in February, $5,500.
H. Recorded fees earned on plans delivered, payment to be received in February, $31,400.
I. Paid salary of assistants, $6,000.
J. Paid gas, oil, and repairs on automobile for January, $1,300.

Instructions:

1) Prepare T accounts (2 marks).

2) Prepare a ledger (2 marks).
3) Prepare an unadjusted trial balance as of January 31, 2020 (1 mark).

EXERCISE 2: (5 marks)
The unadjusted trial balance of Fellowship Investments pertains to November 30, 2020, which is the end
of its year-long accounting period.

Fellowship Investments

Unadjusted Trial Balance

November 30, 2020

Cash $13,800
Accounts receivable 10,000
Supplies 2,000
Furniture 20,000

Accumulated depreciation - furniture $8,000

Building 100,000
Accumulated depreciation - building 60,000
Land 44,000
Accounts payable 4,000
Salaries payable 0
Unearned service revenue 16,000
CapitalSala 64,000
Drawing 50,000
Service revenue 120,000

Salaries expense 32,000

Supplies expense 0
Depreciation expense—furniture 0
Depreciation expense—building 0
Miscellaneous expense 200
Total $272,000 $272,000

Data needed for the adjusting entries include:

a. A count of supplies on November 30 shows $400 of supplies on hand.

b. Depreciation for the year on furniture, $4,000.

c. Depreciation for the year on building, $2,000.

d. Salaries owed at year end but not yet paid, $1,000.

e. Accrued fees earned but not recorded on November 30, $2,600.

f. Of the $16,000 balance of unearned service revenue, $6,000 was earned during the year.

Instructions:

1. Journalize the transactions for November (adjusting) (2 marks).

2. Post to the ledger (adjusting) (2 marks).
3. Prepare an adjusted trial balance as of November 30, 2020 (1 mark).
THE END