{"id":77315,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/devry-acct304-week-2-quiz"},"modified":"2017-08-18T07:13:40","modified_gmt":"2017-08-18T07:13:40","slug":"devry-acct304-week-2-quiz","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/devry-acct304-week-2-quiz\/","title":{"rendered":"devry acct304 week 2 quiz"},"content":{"rendered":"<fieldset>\n  Question 1. Question :<\/p>\n<p>(TCO 4) Cash equivalents would not include<\/p>\n<p>cash not available for current operations.<\/p>\n<p>money market funds.<\/p>\n<p>United States Treasury bills.<\/p>\n<p>bank drafts.<\/p>\n<p>Question 2. Question :<\/p>\n<p>(TCO 4) Which is a shareholders\u2019 equity account in the balance sheet?<\/p>\n<p>Accumulated depreciation<\/p>\n<p>Paid-in capital<\/p>\n<p>Dividends payable<\/p>\n<p>Marketable securities<\/p>\n<p>Instructor Explanation: See Chapter 3.<\/p>\n<p>Points Received: 4 of 4<\/p>\n<p>Comments:<\/p>\n<p>Question 3. Question :<\/p>\n<p>(TCO 4) Janson Corporation Co.\u2019s trial balance included the following account balances at December 31, 2011:<\/p>\n<p>Investments consist of treasury bills that were purchased in November and mature in January. Prepaid insurance is for the next 2 years. What amount should be included in the current asset section of Janson\u2019s December 31, 2011 balance sheet?<\/p>\n<p>$88.000<\/p>\n<p>$85,000<\/p>\n<p>$55,000<\/p>\n<p>$135,000<\/p>\n<p>Question 4. Question :<\/p>\n<p>(TCO 4) Which of the following would be disclosed in the summary of significant accounting policies disclosure note?<\/p>\n<p>Option A<\/p>\n<p>Option B<\/p>\n<p>Option C<\/p>\n<p>Option D<\/p>\n<p>Question 5. Question :<\/p>\n<p>(TCO 4) Below is the partial balance sheet ($ in thousands) for Paisano Seafood Inc.<\/p>\n<p>The current ratio (rounded) is<\/p>\n<p>1.98.<\/p>\n<p>1.58.<\/p>\n<p>1.17.<\/p>\n<p>0.66.<\/p>\n<\/fieldset>\n<p> <i class=\"clear padded\"> <\/p>\n<p><i class=\"clear padded\"><br \/>\n<i class=\"toolbar\"><br \/>\n<i class=\"clear extrapadded\"><br \/>\n<i class=\"clear extrapadded\"><br \/>\n <i>\u2026<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question 1. Question : (TCO 4) Cash equivalents would not include cash not available for current operations. money market funds. United States Treasury bills. bank drafts. Question 2. Question : (TCO 4) Which is a shareholders\u2019 equity account in the <a href=\"https:\/\/www.benedictsol.com\/blogs\/devry-acct304-week-2-quiz\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-77315","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/77315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=77315"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/77315\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=77315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=77315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=77315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}