題目

An inexperienced bookkeeper has drawn up the following receivables ledger control account：

RECEIVABLES????? ?LEDGER????????? CONTROL ACCOUNT

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

Opening balance??????????????????????????? ?180,000??????????????????Credit sales??????? ?????????????????????? ?190,000

Cash from credit customers??????????? ?228,000??????????? ?Irrecoverable debts written off???????? ?1,500

Sales returns??????????????????????????????????? ?8,000???????????????? Contras against payables???????????????2,400

Cash refunds to credit customers???? 3,300?????????????? Closing balance (balancing figure)???229,60

0Discount allowed?????????????????????????? ? 4,200??????????????

?????????????????????????????????????????????????????? ??423,500?????????????????????????????????????????????????????????????????? ?423,500

What should the closing balance be after correcting the errors made in preparing the account?

A

$130,600

B

$129,200

C

$142,400?

D

$214,600

掃碼查看暗號，即可獲得解鎖答案！

點(diǎn)擊獲取答案
Chapter14Controlaccounts

??????????????????????????????? RECEIVABLES LEDGER CONTROL ACCOUNT

Opening balance????????????????????????? ?$?????????????????????????????? ?Cash from credit customers???????????????? ???????????????? $??

?????????????????????????????????????????????????????1 80,000???????????????????????????????????????????????????????????????????????????????????????? ???228,000

Credit sales????????????????????????????????? 190,000????????????????????? Irrecoverable debts written off??????????????????????? ??1,500

Cash refunds???????????????????????????????? ?3,300????????????????????????? Sales returns??????????????????????????????????????????????? ??8,000?

???????????????????????????????????????????????????? 373,300?????????????????????? ?Discount allowed ???????????????????????????????????????? ? ?4,200?

?????????????????????????????????????????????????????????????????????????????????????????? Contras????????????????????????????????????????????????????? ? ? 2,400?

??????????????????????????????????????????????????????????????????????????????????????????Closing?????????????????????????????????????????????????????? ?129,200?

??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? ???373,300

多做幾道

Which accounting concept should be considered if the owner of a business takes goods from inventory for his own personal

use?

A

The fair presentation concept

B

?The accruals concept

C

The going concern concept

D

?The business entity concept

Which accounting concept should be considered if the owner of a business takes goods from inventory for his own personal

use?

A

The fair presentation concept

B

The accruals concept

C

?The going concern concept

D

The business entity concept

According to the IASB's Conceptual Framework for Financial Reporting, which TWO of the following are part of faithful

representation?1 It is neutral2 It is relevant3 It is presented fairly4 It is free from material error

A

1?and?2

B

2?and?3

C

?1?and?4

D

3?and4

Which of the following accounting concepts means that similar items should receive a similar accounting treatment?

A

Going concern

B

Accruals

C

Matching

D

Consistency

Listed below are some characteristics of financial information.1 Relevance2 Consistency3 Faithful representation4 Accuracy

Which of these are qualitative characteristics of financial information according to the IASB's Conceptual Framework for

Financial Reporting?

A

1 and 2 only

B

2 and 4 only

C

3 and 4 only

D

1 and 3 only

最新試題

該科目易錯題

該題目相似題