篩選結(jié)果 共找出329題

A business can make a profit and yet have a reduction in its bank balance. Which ONE of the following might cause this to

happen?

A

The sale of non-current assets at a los

B

The charging of depreciation in the statement of profit or loss

C

The lengthening of the period of credit given to customers

D

The lengthening of the period of credit taken from suppliers?

The net assets of Altese, a trader, at 1 January 20X2 amounted to $128,000. During the year to31 December 20X2 Altese

introduced a further $50,000 of capital and made drawings of $48,000. At 31 December 20X2 Altese's net assets totalled

$184,000.What is Altese's total profit or loss for the year ended 31 December 20X2?

A

$54,000 profit

B

$54,000 loss

C

$42,000 loss

D

$58,000 profit

Jones Co has the following transactions：1 Payment of $400 to J Bloggs for a cash purchase2 Payment of $250 to J Doe in

respect of an invoice for goods purchased last monthWhat are the correct ledger entries to record these transactions?

A

?Dr Cash??????????????????????? ??$650??Cr Purchases???????? ???????? ? $650

B

Dr Purchases????????????????? ?$650???Cr Cash????????????????????????????$650?

C

?Dr Purchases?????????????? ?$400?Dr Trade Payables????????? ?$250???Cr Cash???????????????????????? ? $650

D

?Dr Cash?????????????????????????$650?Cr Trade Payables??????????? $250??Cr Purchases?????????????????? ?$400

T Tallon had the following transactions: 1 Sale of goods on credit for $150 to F Rogit 2 Return of goods from B Blendigg

originally sold for $300 in cash to B Blendigg What are the correct ledger entries to record these transactions?

A

Dr Receivables $150????????? ?Dr Sales Returns $300????????

?Cr Sales $150???????????????????? Cr Cash $300

B

Dr Sales??????????????????????????????????? ?$150?? Dr Cash???????????????????????????????????? $300?

Cr Receivables??????????????????????????$150??? Cr Sales Returns???????????????????????$300

C

Dr Receivables???????? $450????????? Cr Sales $150????????

?Cr Sales Returns?? ?$300

D

Dr Sales Returns????????????????????? ?$300?

?Dr Sales?????????????????????????????????? ?$150??

Cr Cash?????????????????????????????????????$450?

Which of the following documents should accompany a return of goods to a supplier?

A

Debit note

B

Remittance advice

C

Purchase invoice

D

Credit note

Which of the following are books of prime entry?

1 Sales day book

2 Cash book

3 Journal

4 Purchase ledger

A

1 and 2 only

B

1, 2 and 3 only

C

1 only

D

All of them

In which book of prime entry will a business record debit notes in respect of goods which have been sent back to suppliers?

A

The sales returns day book

B

The cash book

C

The purchase returns day book

D

?The purchase day book

A company’s motor vehicles at cost account at 30 June 20X6 is as follows

?????????????????????????????? MOTOR VEHICLES - COST

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

Balance b/d??????????????????????????????????????????????????????????? ?150,500

Disposal???????????????????????????????????????????????????????????????????85,000

Addition???????????????????????????????????????????????????????????????????120,950

Balance c/d??????????????????????????????????????????????????????????????186,450???????????????????????? ?271,450

??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? ?271,450

What opening balance should be included in the following period’s trial balance for motor vehicles - cost at 1 July 20X6?

A

$271,450 CR

B

$271,450 DR

C

$186,450 CR

D

$186,450 DR

A company’s trade payables account at 30 September 20X1 is as follows:

?TRADE PAYABLES ACCOUNT

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

Cash at bank?????????????? ?21,600

Balance b/d??????????????????14,000

Balance c/d??????????????????11,900

Purchases???????????????????19,500??????????????????????????????????????33,500

?????????????????????????????????????????????????????????????????????????????????????33,500

What was the balance for trade payables in the trial balance at 1 October 20X0?

A

$14,000 DR

B

?$14,000 CR

C

$11,900 DR

D

$11,900 CR

Which of the following would be recorded in the sales day book?

A

Discounts allowed

B

Sales invoices

C

Credit notes received

D

Trade discounts