Kristelle Marisse R.

Bautista BSA-203A

Audit Question 5-B

Answers:

1.What is the total amount of purchase orders for

the pediod? 990
2.What is the total amount of purchase invoice for
the pediod? 3,362
3.What is the total amount of sales invoice for the
pediod? 21,141.90
4.What are the total debit and total credit shown
on the Purchase Journal Report?
Total Debits 20,187 Total Credits 20,187
5.What are the total debit and total credit shown
on the Cash Payment Journal Report?
Total Debits 12,494.34 Total Credits 12,494.34
6.What are the total debit and total credit shown
on the Sales Journal Report?
Total Debits 34,524.63 Total Credits 34,524.63
7.What are the total debit and total credit shown
on the Cash Receipts Journal Report?
Total Debits 18,345.31 Total Credits 18,345.31
8.From the Schedule of Accounts Payable, what is
the total amount owed by the vendor? 8,742.50
9.From the Schedule of Accounts Receivable, what is
the total amount owed to the Copier Solutions ?
44,957.75
10. From the statements of account for Morgan Homes
Center, what is the current account balance?
645.85
11. How many items were sold during the month? 53
12. What is the total amount of yearly sales?
183,451.10
13. From the income statement, what is the monthly
cost of merchandise? 11,805.10
14. From the statement of owner’s equity, what is
Susan’a Taylor capital at the end of the month?
138,809.59
15. From the balance sheet, what is the total
asset? 161,833.47
16. From the balance sheet, what is the total
liabilities? 23,023.88
17. How much under budget is operating revenue at
this point in fiscal year? 615,000
18. How much under budget is operating expenses at
this point in fiscal year? 133,000
19. How much under budget is net income at this
point in fiscal year? 104,200
20. From the Retirement Plan, what is the amount of
the annual retirement contribution? 61,139.16