1. What is the total amount of purchase orders shown on the purchases orders register for the...

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1. What is the total amount of purchase orders shown on the purchases orders register for the month of March?
2. What is the total of the Invoice Amount column shown on the Purchase Invoice Register report for the month of March?
3. What is the total of the Invoice Amount column shown on the Sales Invoice Register report for the month of March?
4. What is the total number of items sold shown on the Inventory Transactions report for the month of March?
5. What are the totals of the Debit and Credit columns from the General Journal report (before adjusting entries) for the month of March?
Total debits:
Total credits:
6. What are the totals of the Debit and Credit columns from the purchases journal for the month of March?
Total debits:
Total credits:
7. What are the totals of the Debit and Credit columns from the cash payments journal for the month of March?
Total debits:
Total credits:
8. What are the totals of the Debit and Credit columns from the sales journal for the month of March?
Total debits:
Total credits:
9. What are the totals of the Debit and Credit columns from the cash receipts journal for the month of March?
Total debits:
Total credits:

10. What is the total monthly gross profit of each department after adjusting entries are made?
Department 1:
Department 2:
11. What is the total yearly gross profit shown on the Consolidated Gross Profit Statement report after the adjusting entries are made?
12. What is the amount of net income after income tax for the month?
13. What is the amount of retained earnings at the end of the period?
14. What are the total assets shown on the balance sheet?
15. What are the total liabilities shown on the balance sheet?
16. How much over or under budget is gross profit?
17. What is the calculated loan amount for Bank 1?
18. What is the calculated loan amount for Bank 2?

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Integrated Accounting

ISBN: 978-1285462721

8th edition

Authors: Dale A. Klooster, Warren Allen, Glenn Owen

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