篩選結(jié)果 共找出61題

?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?

A

$33,730

B

$33,800

C

?$38,930

D

$39,000

?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?

A

$914,650

B

?$937,050

C

?$939,050

D

?$941,850

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?

A

$669,375

B

$702,600

C

$772,375

D

$741,480

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

$517,900

B

$112,900

C

$381,600

D

$510,900

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???

A

$117,600

B

$108,000

C

$210,000

D

$140,000

??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????

A

$45,360

B

$32,640

C

?$40,971

D

$19,440

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?

A

$900,000

B

$819,000

C

$920,000

D

$837,200

Wanda keeps no accounting records. The following information is available about her position and transactions for the year

ended 31 December 20X4:

$

Net assets at 1 January 20X4?210,000

Drawings during 20X4?48,000

Capital introduced during 20X4?100,000

Net assets at 31 December 20X4?400,000

Based on this information, what was Wanda's profit for 20X4?

A

$42,000

B

$242,000

C

$138,000

D

$338,000

The debit side of a trial balance totals $800 more than the credit side.Which one of the following errors would fully account for

the difference?

A

$400 paid for plant maintenance has been correctly entered in the cash book and credited to the plant asset account.

B

Discount received $400 has been debited to discount allowed account.

C

A receipt of $800 for commission receivable has been omitted from the records

D

The petty cash balance of $800 has been omitted from the trial balance

A company's trial balance failed to agree, the totals being:Debit $815,602Credit $808,420Which one of the following errors

could fully account for the difference?

A

The omission from the trial balance of the balance on the insurance expense account $7,182

debit

B

?Discount allowed $3,591 debited in error to the discount received account

C

?No entries made in the records for cash sales totalling $7,182

D

The returns outwards total of $3,591 was included in the trial balance as a debit balance