Purpose of Quiz: This take home quiz has been designed as a review of the pre-requisite accounting knowledge necessary to be successful in ACTG 381. This quiz focuses on recording basic accounting transactions/journal entries, understanding T accounts, and creating a set of financial statements. It is also intended as an opportunity to practice using basic Excel functions. The accounting issues included in this quiz are assumed to have been covered in your prerequisite financial accounting course. If you need a reference, you could refer to the textbook from your pre-requisite accounting course, WileyPlus Chapter 0 Reading Assignment and Problems, or Chapter 3 in the textbook for this class. Students who are unable to successfully complete this quiz should consider taking ACTG 381 in a future term after reworking the pre-requisite material.
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