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Multiple Choice Quiz
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1

Referring to the balance sheet copied from Peachtree to Excel in Chapter 17, the total cash is:
A)$1,850.45.
B)$12,130.92.
C)$22,500.00.
D)$14,638.51.
E)$48,626.99.
2

Referring to the income statement copied from Peachtree to Excel in Chapter 17, the gross profit percentage for year-to-date book sales is:
A)5.69%.
B)9.35%.
C)59%.
D)68%.
E)None of the above.
3

Referring to the statement of retained earnings copied from Peachtree to Word in Chapter 17, two of the amounts shown are identical to those shown on the:
A)General Journal.
B)Balance sheet.
C)Cost of Goods Sold Journal.
D)The trial balance.
E)None of the above.





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