iWriteGigs

Fresh Grad Lands Job as Real Estate Agent With Help from Professional Writers

People go to websites to get the information they desperately need.  They could be looking for an answer to a nagging question.  They might be looking for help in completing an important task.  For recent graduates, they might be looking for ways on how to prepare a comprehensive resume that can capture the attention of the hiring manager

Manush is a recent graduate from a prestigious university in California who is looking for a job opportunity as a real estate agent.  While he already has samples provided by his friends, he still feels something lacking in his resume.  Specifically, the he believes that his professional objective statement lacks focus and clarity. 

Thus, he sought our assistance in improving editing and proofreading his resume. 

In revising his resume, iwritegigs highlighted his soft skills such as his communication skills, ability to negotiate, patience and tactfulness.  In the professional experience part, our team added some skills that are aligned with the position he is applying for.

When he was chosen for the real estate agent position, he sent us this thank you note:

“Kudos to the team for a job well done.  I am sincerely appreciative of the time and effort you gave on my resume.  You did not only help me land the job I had always been dreaming of but you also made me realize how important adding those specific keywords to my resume!  Cheers!

Manush’s story shows the importance of using powerful keywords to his resume in landing the job he wanted.

Chapter 2 Quiz

Navigation   » List of Schools  »  Glendale Community College  »  Accounting  »  Accounting 101 – Financial Accounting  »  Spring 2021  »  Chapter 2 Quiz

Need help with your exam preparation?

Below are the questions for the exam with the choices of answers:

Question #1
A  Service Revenue.
B  Salaries Payable.
C  Cash.
D  Common Stock.
Question #2
A  Credit to Common Stock.
B  Debit to Dividends.
C  Debit to Salaries Expense.
D  Credit to Dividends.
Question #3
A  Pay dividends to current stockholders.
B  Provide services to customers on account.
C  Purchase supplies for cash.
D  Collect cash from customer for services provided on account last month.
Question #4
A  Receive cash from customers for sales in the current period.
B  Purchase supplies on account.
C  Receive a utility bill but do not pay it.
D  Pay dividends to stockholders.
Question #5
A  Financial statement.
B  Annual report.
C  Journal.
D  Chart of accounts.
Question #6
A  Cash.
B  Dividends.
C  Service Revenue.
D  Accounts Receivable.
Question #7
A  The chart of accounts.
B  The general ledger.
C  The general journal.
D  The trial balance.
Question #8
A  Decrease liabilities.
B  Decrease stockholders’ equity.
C  Increase stockholders’ equity.
D  Increase assets.
Question #9
A  Increase total stockholders’ equity.
B  Increase total assets and total stockholders’ equity.
C  Increase total assets.
D  Increase total liabilities.
Question #10
A  Supplies.
B  Salaries Expense.
C  Accounts Payable.
D  Dividends.
Question #11
A  Cash.
B  Dividends.
C  Accounts Receivable.
D  Service Revenue.
Question #12
A  Credit to Supplies Expense.
B  Debit to Supplies.
C  Debit to Supplies Payable.
D  Debit to Cash.
Question #13
A  Paying employees’ salaries.
B  Purchasing office supplies.
C  Expiration of an insurance policy over time.
D  Providing services to customers.
Question #14
A  Decrease assets; increase stockholders’ equity.
B  Increase assets; decrease liabilities.
C  Decrease assets; decrease liabilities.
D  Decrease liabilities; increase expenses
Question #15
A  Increase assets.
B  Decrease liabilities.
C  Decrease stockholders’ equity.
D  Decrease assets.
Question #16
A  The general ledger.
B  The chart of accounts.
C  The general journal.
D  The trial balance.
Question #17
A  Analyzing.
B  Balancing.
C  Journalizing.
D  Posting.
Question #18
A  Purchase office supplies on account.
B  Pay dividends to stockholders.
C  Pay for rent in the current period.
D  Purchase equipment with cash.
Question #19
A  Journal.
B  Annual report.
C  Financial statement.
D  Chart of accounts.
Question #20
A  Transaction.
B  Financial statement.
C  Chart of accounts.
D  Journal.
Question #21
A  Supplies.
B  Salaries Expense.
C  Accounts Payable.
D  Dividends.
Question #22
A  Credit to Dividends.
B  Credit to Common Stock.
C  Debit to Salaries Expense.
D  Debit to Dividends.
Question #23
A  Total liabilities increase.
B  No effect.
C  Total assets increase.
D  Total assets decrease.
Question #24
A  Chart of accounts.
B  Trial balance.
C  Journal.
D  General ledger.
Question #25
A  Paying dividends to stockholders.
B  Paying maintenance expenses for the current month.
C  Providing services to customers on account.
D  Repay amounts previously borrowed from the bank.
Question #26
A  Purchase equipment with cash.
B  Pay dividends to stockholders.
C  Pay for rent in the current period.
D  Purchase office supplies on account.
Question #27
A  Purchase supplies for cash.
B  Pay dividends to current stockholders.
C  Collect cash from customer for services provided on account last month.
D  Provide services to customers on account.
Question #28
A  Chart of accounts.
B  Financial statements.
C  General ledger.
D  Trial balance.
Question #29
A  Total debit amounts should always equal total credit amounts.
B  The trial balance shows the change in all account balances over the accounting period.
C  Only balance sheet accounts are shown.
D  Only income statement accounts are shown.
Question #30
A  Prepare a trial balance.
B  Analyze the impact of the transaction on the accounting equation.
C  Post the transaction to the T-account in the general ledger.
D  Use source documents to determine accounts affected by the transaction.
Question #31
A  Decrease liabilities.
B  Decrease assets.
C  Decrease stockholders’ equity.
D  Increase assets.
Question #32
A  Providing services to customers.
B  Purchasing office supplies.
C  Paying employees’ salaries.
D  Expiration of an insurance policy over time.
Question #33
A  Providing services to customers on account.
B  Repaying amount borrowed from the bank.
C  Paying advertising expense for the current month.
D  Providing services to customers for cash.
Question #34
A  Increase total assets.
B  Increase total assets and total stockholders’ equity.
C  Increase total liabilities.
D  Increase total stockholders’ equity.
Question #35
A  Purchase supplies on account.
B  Receive cash from customers for sales in the current period.
C  Receive a utility bill but do not pay it.
D  Pay dividends to stockholders.
Question #36
A  Accounts Payable.
B  Service Revenue.
C  Supplies.
D  Common Stock.
Question #37
A  Purchase supplies on account.
B  Repay amounts previously borrowed from the bank.
C  Pay salaries for the current period.
D    
E  Purchase office supplies on account.
Question #38
A  Accounts Payable.
B  Service Revenue.
C  Common Stock.
D  Supplies.
E    
Question #39
A  Only income statement accounts are shown.
B  The trial balance shows the change in all account balances over the accounting period.
C  Only balance sheet accounts are shown.
D  Total debit amounts should always equal total credit amounts.
Question #40
A  Use source documents to determine accounts affected by the transaction.
B  Analyze the impact of the transaction on the accounting equation.
C  Post the transaction to the T-account in the general ledger.
D  Prepare a trial balance.
Question #41
A  Repay amounts previously borrowed from the bank.
B  Paying dividends to stockholders.
C  Paying maintenance expenses for the current month.
D  Providing services to customers on account.
Question #42
A  Decrease assets; decrease liabilities.
B  Decrease assets; increase stockholders’ equity.
C  Decrease liabilities; increase expenses.
D  Increase assets; decrease liabilities.
Question #43
A  Providing services to customers on account.
B  Paying advertising expense for the current month.
C  Providing services to customers for cash.
D  Repaying amount borrowed from the bank.
Question #44
A  Credit to Cash.
B  Debit to Accounts Receivable.
C  Debit to Service Expense.
D  Credit to Service Revenue.
Question #45
A  Purchase supplies on account.
B  Purchase office supplies on account.
C  Pay salaries for the current period.
D  Repay amounts previously borrowed from the bank.
Question #46
A  Trial balance.
B  Financial statements.
C  Chart of accounts.
D  General ledger.
Question #47
A  Journal.
B  Financial statement.
C  Chart of accounts.
D  Transaction.
Question #48
A  Posting.
B  Balancing.
C  Journalizing.
D  Analyzing.
Question #50
A  Trial balance.
B  General ledger.
C  Journal.
D  Chart of accounts.
Question #51
A  Cash.
B  Service Revenue.
C  Common Stock.
D  Salaries Payable.
Question #53
A  Debit to Accounts Receivable.
B  Credit to Service Revenue.
C  Credit to Cash.
D  Debit to Service Expense.
Question #54
A  Account.
B  Schedule.
C  Chart.
D  Entry.
Question #55
A  Decrease stockholders’ equity.
B  Increase stockholders’ equity.
C  Increase assets.
D  Decrease liabilities.
Question #56
A  Total assets increase.
B  No effect.
C  Total liabilities increase.
D  Total assets decrease.