Name: Acct 220.Sp.14 Final Exam Question 1: Suggested time 20 minutes: 15% points a. Adjusting Entries: Date Account Debit Credit b. Partial Adjusted Trial Balance: Adjusted Trial Balance (partial) Account Titles Debit Credit Prepaid Insurance Supplies Accumulated Depreciation, Equipment Accounts Payable Flip’s Drawings Service Revenue Depreciation Expense, Equipment Supplies Expense Insurance Expense Rent Expense Utilities Expense Answer Sheet Page 1 of 6.Sp.14 Final Exam c. Closing Entries: Date Account Debit Credit Question 2: Suggested time 15 minutes: 15% points a. Cost of Goods Available for Sale b. Value of: Ending Inventory COGS (1) LIFO method (2) FIFO method (3) Average-cost method Show calculations in this text entry box: Answer Sheet Page 2 of 6 .Sp.14 Final Exam Question 3: Suggested time 20 minutes: 15% points Answer Sheet Page 3 of 6 .Sp.14 Final Exam Question 4: Suggested time 15 minutes: 10% points Date Account Debit Credit Answer Sheet Page 4 of 6 .Sp.14 Final Exam Question 5: Suggested time 20 minutes: 10% points a.Answer: Show calculations in this text entry box: b. Answer: Show calculations in this text entry box: c. Answer: Show calculations in this text entry box: Answer Sheet Page 5 of 6 .Sp.14 Final Exam Question 6: Suggested time 10 minutes: 10% points: Date Account Debit Credit Multiple choice questions allocated 1% point each: Make your selection by indicating the letter corresponding to your answer. Suggested time is 60 minutes. Question Number Answer Question Number Answer Question Number Answer 7: 17: 27: 8: 18: 28: 9: 19: 29: 10: 20: 30: 11: 21: 31: 12: 22: 13: 23: 14: 24: 15: 25: 16: 26: Answer Sheet Page 6 of 6 .Sp.14 Final Exam .