快速查題-ACCA英國(guó)注冊(cè)會(huì)計(jì)師試題

A sole trader fixes her prices by adding 50 per cent to the cost of all goods purchased. On 31 October 20X3 a fire destroyed a considerable part of the inventory and all inventory records.Her trading account for the year ended 31 October 20X3 included

the following figures:

Sales????????????????????????????????????????????? $?????????????????????????$??????????????????????????

Opening inventory at cost?????? ? 183.600????????????? 281,250

Purchases??????????????????????????????? ?249,200

Closing inventory at cost???????? ? 432,800??????????? ?228,200

Gross profit??????????????????????????????? 204.600????????????? 53,050

Using this information, what inventory loss has occurred?

A fire on 30 September 20X2 destroyed some of a company's inventory and its inventory records. The following information is available:??????????????????????????????????????????????????????????????????????????????? $

Inventory 1 September 20X2???????????????????????????????????????????????318.000

Sales for September 20X2????????????????????????????????????????????????? 612.000

Purchases for September 20X2??????????????????????????????????????????412.000

Inventory in good condition at 30 September 20X2????????????214.000?

Standard gross profit percentage on sales is 25%

Based on this information, what is the value of the inventory lost?

?A business's bank balance increased by $750,000 during its last financial year. During the same period it issued shares of

$1 million and repaid a loan note of $750,000. It purchased non-current assets for $200,000 and charged depreciation of $

100,000. Working capital (other than the bank balance) increased by $575,000.

What was its profit for the year?

?A sole trader's business made a profit of $32,500 during the year ended 31 March 20X8. This figure was after deducting

$100 per week wages for himself. In addition, he put his home telephone bill through the business books, amounting to $400

plus sales tax at 17.5%. He is registered for sales tax and therefore has charged only the net amount to his statement of

profit or loss and other comprehensive income.

His capital at 1 April 20X7 was $6,500. What was his capital at 31 March 20X8?

?Senji does not keep proper accounting records, and it is necessary to calculate her total purchases for the year ended 31

January 20X3 from the following information:

??????????????????????????????????????????????????????????????????????? ????????????????????????????????? $

Trade payables: 31 January 20X2????????????????????????????????????????? ?? ? 130,400

31 January 20X3??????????????????????????????????????????????????????????????????????? ??171,250

Payment to suppliers????????????????????????????????????????????????????????????????? ? 888,400

Cost of goods taken from inventory by Senji for her personal use?1,000

Refunds received from suppliers???????????????????????????????????????????????????? 2,400

Discounts received?????????????????????????????????????????????????????????????????????????11,200

What is the figure for purchases that should be included in Senji’s financial statements?

Aluki fixes prices to make a standard gross profit percentage on sales of 20%.

The following information for the year ended 31 January 20X3 is available to compute her sales total for

the year.

?????????????????????????????????????????????????????? $

Inventory： 1 February 20X2??? ?243,000

31 January 20X3?????????????????????? ?261,700

Purchases????????????????????????????????? 595,400

Purchases returns????????????????????? ?41,200

What is the sales figure for the year ended 31 January 20X3?

Alpha is a sole trader who does not keep proper accounting records.

Alpha,s first year of trading was 20X4. From reviewing Alpha,s bank statements and the incomplete records relating to cash

maintained, the following summary has been compiled

ank and cash summary, Alpha, 20X4

???????????????????????????????????????????????????????????????????????????????????????????????????????????????????? ? ?$

Cash received from credit customers and paid into the bank??????????????????? ?? 381,600

Expenses paid out of cash received from credit customers before banking?? ?6,800

Cash sales??????????????????????????????????????????????????????????????????????????????????????????????????? ?112,900

Other information, Alpha,?????????????????????????????????????????????????????????????????????????????? ??? 20X4

Irrecoverable debts written off??????????????????????????????????????????????????????????????????????? ? 7,200

Discounts allowed to credit customers????????????????????????????????????????????????????????? ?? 9,400

Closing balance of Trade receivables??????????????????????????????????????????????????????????????? 0

Which of the following correctly represents Alpha's sales figure for 20X4?

A sole trader who does not keep full accounting records wishes to calculate her sales revenue???for the year.The information available is:?

1?Opening inventory?$17,000

?2?Closing inventory?$24,000

?3?Purchases?$91,000?

4?Standard gross profit percentage on sales revenue?40%?

Which?of the following is the sales figure for the year calculated from these figures???

??On 31 December 20X0 the inventory of V was completely destroyed by fire.??The following information is?available:??

?1?Inventory at 1 December 20X0 at cost $28,400

??2?Purchases for December 20X0 $49,600

??3?Sales for December 20X0 $64,800?

?4?Standard gross profit percentage on sales revenue 30%??Based on this information,

?which of the following is the amount of inventory destroyed????

The following information is available for the year ended 31 December 20X4 for a keep proper accounting records：

Inventories at 1 January 20X4 Inventories at 31 December 20X4 Purchases

Gross profit percentage on sales = 30%

Based on this information, what was the trader's sales figure for the year?