International Institute of Certified Accountants

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What is the Profit or Loss as on 9/5/2013

Q1
A -3,81,404.40 B -3,81,404.43 C -3,81,404.42 D None of These
What is the total amount of cash deposited in banks during the period 2/4/2013 to
Q2 22/5/2013
A 5,90,000.00 B 5,80,000.00 C 5,50,000.00 D None of These
How much Cash is received (Gross) from Customers during the period 20/4/2013 to
Q3 22/5/2013
A 7,89,000.00 B 7,90,000.00 C 7,86,000.00 D None of These
What is the highest Quantity of Refrigerator (Kelvinator) 1x1 purchased during the
Q4 period 12/4/2013 to 31/5/2013
A 80.00 B 83.00 C 81.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q5 (Churchil Way Branch) in April
A 6,69,619.00 B 6,69,615.00 C 6,69,618.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q6 TRANSACTIONS
A 5.00 B 2.00 C 6.00 D None of These
What is the total value of fixed assets purchased during the period 17/4/2013 to
Q7 31/5/2013
A 76,78,800.00 B 76,78,600.00 C 76,78,900.00 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q8 May
A 60,000.00 B 50,000.00 C 20,000.00 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 6/4/2013 to
Q9 26/5/2013
A 38,52,400.00 B 38,52,600.00 C 38,52,700.00 D None of These

What is the total Cash payment made to Penmart Stationery Mall

Q10
A 60,000.00 B 50,000.00 C 20,000.00 D None of These
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What is the total payment made to Penmart Stationery Mall during the period 4/4/2013
Q11 to 18/5/2013
A 27,403.61 B 27,403.59 C 27,403.62 D None of These
What is the lowest Quantity of Stapler Pin (Camel) 1x8x6 purchased during the period
Q12 18/4/2013 to 31/5/2013
A 528.00 B 530.00 C 531.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q13
A 235,11,696.40 B 235,11,696.38 C 235,11,696.42 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q14 8/4/2013 to 14/5/2013
A 15,54,211.00 B 15,54,215.00 C 15,54,213.00 D None of These

What is the total amount receivable from Debtors as on 26/5/2013

Q15
A 19,07,528.00 B 19,07,527.00 C 19,07,530.00 D None of These
What is the lowest Rate at which Nido Milk Powder 500gm 1x4x2x6 sold during the
Q16 period 14/4/2013 to 30/5/2013
A 325.00 B 323.00 C 326.00 D None of These

What is the total expense incurred during the period 1/4/2013 to 29/5/2013
Q17
A 6,94,706.00 B 6,94,705.00 C 6,94,703.00 D None of These
What is the Quantity of Lipton Brue Coffee 250gm 1x2x8 returned to suppliers during
Q18 the period 5/4/2013 to 18/5/2013
A 10.00 B 9.00 C 6.00 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q19 A/c as on 21/4/2013
A 5,00,000.00 B 7,00,000.00 C 3,00,000.00 D None of These
What is the Average Quantity of Stock of Television (Philips)32" 1x1 held during the
Q20 period 15/4/2013 to 23/5/2013
A 1,359.00 B 1,355.00 C 1,358.00 D None of These
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What was the Average Bank balance held during the period 8/4/2013 to 27/5/2013
Q21
A 1154,98,559.46 B 1154,98,559.45 C 1154,98,559.44 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 1/4/2013
Q22 to 26/5/2013
A 5,63,411.14 B 5,63,411.13 C 5,63,411.12 D None of These

What is balance payable to Sanford Electrics Ltd as on 13/5/2013

Q23
A 17,01,118.60 B 17,01,118.61 C 17,01,118.63 D None of These
What is the Total Net Sale of Refrigerator (Kelvinator) 1x1 during the period 14/4/2013
Q24 to 25/5/2013
A 6,38,590.00 B 6,38,592.00 C 6,38,588.00 D None of These

What is the total Rent expense in the month of April

Q25
A 26,000.00 B 29,000.00 C 27,000.00 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 14/4/2013 to
Q26 20/5/2013
A 20,26,032.00 B 20,26,029.00 C 20,26,030.00 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q27
A 20,95,987.00 B 20,95,986.00 C 20,95,983.00 D None of These

What is balance payable to Tower Height Builders Pvt Ltd A/cas on 14/5/2013
Q28
A 300,00,000.00 B 500,00,000.00 C 100,00,000.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Churchil Way
Q29 Branch) in May
A 81,89,050.40 B 81,89,050.38 C 81,89,050.39 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q30 7/4/2013 to 2/5/2013
A 235,11,696.39 B 235,11,696.42 C 235,11,696.38 D None of These
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What is the total quantity (Net) of Stapler Pin (Camel) 1x8x6 Sold during the period
Q31 20/4/2013 to 25/5/2013
A 1,534.00 B 1,535.00 C 1,532.00 D None of These
What is the Minimum Amount of Stock of Refrigerator (Kelvinator) 1x1 held in the
Q32 month of April
A 74,68,932.52 B 74,68,932.49 C 74,68,932.53 D None of These

What is the total Cheques collected from Pinchin Johnson & Playfter Ltd in April
Q33
A 2,79,617.00 B 2,79,615.00 C 2,79,618.00 D None of These
What is the total amount of Purchase return of Food Items during the period 3/4/2013 to
Q34 22/5/2013
A 5,228.42 B 5,228.41 C 5,228.40 D None of These
What is the Average Daily Expense of the company during the period 1/4/2013 to
Q35 28/5/2013
A 11,977.62 B 11,977.63 C 11,977.66 D None of These

What is the total Purchase (Less Returns) as on 1/5/2013

Q36
A 641,51,419.54 B 641,51,419.56 C 641,51,419.52 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 25/5/2013
Q37
A 439,27,319.70 B 439,27,319.66 C 439,27,319.68 D None of These

What is the total amount payable to Creditors other than suppliers as upto 28/4/2013
Q38
A 223,50,000.00 B 223,90,000.00 C 223,80,000.00 D None of These

What was the Rate of Stock balance of Television (Philips)32" 1x1 as on 26/5/2013
Q39
A 28,102.43 B 28,102.47 C 28,102.45 D None of These

How much Cash is paid to Suppliers during the Period 16/4/2013 to 9/5/2013
Q40
A 2,70,000.00 B 2,71,000.00 C 2,67,000.00 D None of These
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What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q41 A/c as on 19/5/2013
A 121,94,115.86 B 121,94,115.84 C 121,94,115.83 D None of These
What is the highest Rate at which Lipton Brue Coffee 250gm 1x2x8 purchased during
Q42 the period 13/4/2013 to 16/5/2013
A 206.00 B 205.00 C 203.00 D None of These

What is the value of Total Stock as on 25/5/2013

Q43
A 640,13,720.59 B 640,13,720.61 C 640,13,720.63 D None of These
What is the Average Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q44 during the period 9/4/2013 to 12/5/2013
A 4,38,830.27 B 4,38,830.26 C 4,38,830.28 D None of These

What is the total payment made to Creditors during the period 3/4/2013 to 21/5/2013
Q45
A 646,01,166.34 B 646,01,166.32 C 646,01,166.31 D None of These

What is the Total Net Sale of Electronic Items during the period 10/4/2013 to 18/5/2013
Q46
A 57,58,538.00 B 57,58,542.00 C 57,58,541.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 7/5/2013

Q47
A 655,93,537.83 B 655,93,537.82 C 655,93,537.85 D None of These
What is the highest Rate at which Gum (Fevicol) 1x10x12 sold during the period
Q48 16/4/2013 to 20/5/2013
A 9.00 B 7.00 C 5.00 D None of These
What is the lowest Quantity of Nido Milk Powder 500gm 1x4x2x6 sold during the
Q49 period 3/4/2013 to 15/5/2013
A 14.00 B 11.00 C 15.00 D None of These

What is the total expense of Mobile Expense as on 27/5/2013

Q50
A 3,710.00 B 3,706.00 C 3,709.00 D None of These
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What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q51 Branch) during the period 11/4/2013 to 1/5/2013
A 81,85,403.58 B 81,85,403.60 C 81,85,403.62 D None of These

What is the total Net Cash Purchase (Less Returns) as on 21/5/2013

Q52
A 42,16,627.50 B 42,16,627.52 C 42,16,627.48 D None of These

What was the Total Bank balance as on 20/4/2013

Q53
A 1284,56,707.18 B 1284,56,707.21 C 1284,56,707.22 D None of These

What is the Currrent Ratio as on 9/5/2013

Q54
A 2.93 B 2.91 C 2.95 D None of These
what was the highest amount of cash balance held during the period 13/4/2013 to
Q55 16/5/2013
A 63,21,719.52 B 63,21,719.50 C 63,21,719.49 D None of These

What is the total Gross sale of Food Items as on 27/4/2013

Q56
A 6,02,785.00 B 6,02,787.00 C 6,02,786.00 D None of These

What is the total Net Credit Sale (Less Returns) as on 21/5/2013

Q57
A 58,15,012.00 B 58,15,016.00 C 58,15,015.00 D None of These

What was the Quantity of Stock of Refrigerator (Kelvinator) 1x1 as on 28/4/2013

Q58
A 1,268.00 B 1,271.00 C 1,272.00 D None of These

What is the Debt Ratio as on 21/5/2013

Q59
A 0.35 B 0.37 C 0.34 D None of These

What is the total amount payable to Suppliers as on 3/5/2013

Q60
A 377,90,726.25 B 377,90,726.22 C 377,90,726.23 D None of These
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What is the total amount payable to Creditors as on 21/5/2013

Q61
A 393,14,481.71 B 393,14,481.75 C 393,14,481.73 D None of These

What was the balance in Bank of London A/c (Lombard Street Branch) as on 17/4/2013
Q62
A 456,41,000.00 B 456,45,000.00 C 456,43,000.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 21/5/2013

Q63
A 22,18,322.00 B 22,18,318.00 C 22,18,321.00 D None of These

What is the total collection from customers through Bank accounts as on 10/5/2013
Q64
A 23,95,983.00 B 23,95,986.00 C 23,95,985.00 D None of These

What is the Minimum Quantity of Stock of Gum (Fevicol) 1x10x12 in business

Q65
A 9,737.00 B 9,733.00 C 9,736.00 D None of These
What is the total amount of cash withdrawn from Al Islami Bank A/cin the month
Q66 ofMay
A 54,939.00 B 98,090.00 C 0.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q67 16/4/2013 to 31/5/2013
A 5,44,510.00 B 5,44,550.00 C 5,44,540.00 D None of These
What is the total payment received from Debtors during the period 5/4/2013 to
Q68 29/5/2013
A 48,10,139.00 B 48,10,143.00 C 48,10,142.00 D None of These
What is the total net sales (Less Returns) of Food Items during the period 17/4/2013 to
Q69 22/5/2013
A 7,95,960.00 B 7,95,961.00 C 7,95,959.00 D None of These

What is the total Gross Purchase of Electronic Items as on 18/5/2013

Q70
A 675,96,132.25 B 675,96,132.26 C 675,96,132.27 D None of These
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What is the Profit or Loss as on 14/4/2013

Q71
A 1,05,733.18 B 1,05,733.16 C 1,05,733.14 D None of These
What is the Quantity of Lipton Brue Coffee 250gm 1x2x8 returned by customers during
Q72 the period 10/4/2013 to 16/5/2013
A 8.00 B 7.00 C 4.00 D None of These

What is the total Expense Paid by cash during the period 12/4/2013 to 13/5/2013
Q73
A 2,96,285.00 B 2,96,286.00 C 2,96,282.00 D None of These

What is the total value of Land as on 15/5/2013

Q74
A 130,00,000.00 B 150,00,000.00 C 140,00,000.00 D None of These
What is the Amount (Gross) of Nido Milk Powder 500gm 1x4x2x6 purchased during
Q75 the period 18/4/2013 to 26/5/2013
A 3,23,324.16 B 3,23,324.14 C 3,23,324.18 D None of These

What was the Cash Balance as on 8/5/2013

Q76
A 21,33,608.00 B 21,33,604.00 C 21,33,607.00 D None of These
What is the total quantity (Net) of Television (Onida) 21" 1x1 Purchased during the
Q77 period 16/4/2013 to 21/5/2013
A 265.00 B 266.00 C 263.00 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q78 5/4/2013 to 13/5/2013
A 5,68,594.66 B 5,68,594.68 C 5,68,594.65 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 sold during the
Q79 period 2/4/2013 to 27/5/2013
A 794.00 B 793.00 C 795.00 D None of These
What is the Gross COST OF SALE of Television (Onida) 21" 1x1sold during the period
Q80 7/4/2013 to 15/5/2013
A 8,87,280.00 B 8,87,279.98 C 8,87,279.96 D None of These
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What is the total payment received from Pinchin Johnson & Playfter Ltd during the
Q81 period 5/4/2013 to 24/5/2013
A 5,58,951.00 B 5,58,947.00 C 5,58,949.00 D None of These
What is the Maximum Amount of Stock of Television (Onida) 21" 1x1 held in the
Q82 month of April
A 110,12,975.85 B 110,12,975.87 C 110,12,975.89 D None of These

What was the Average Cash balance held during the period 15/4/2013 to 12/5/2013
Q83
A 20,72,729.81 B 20,72,729.77 C 20,72,729.79 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 12/4/2013 to
Q84 21/5/2013
A 19,43,965.00 B 19,43,966.00 C 19,43,964.00 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q85 during the period 11/4/2013 to 15/5/2013
A 7,43,779.00 B 7,43,777.00 C 7,43,778.00 D None of These

What is the total expense incurred as upto 25/5/2013

Q86
A 6,94,460.00 B 6,94,470.00 C 6,94,440.00 D None of These

What is balance receivable from Lamson Grocery Shopas on 6/5/2013

Q87
A 14,52,460.00 B 14,52,462.00 C 14,52,461.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 11/4/2013
Q88 to 8/5/2013
A 23,48,051.00 B 23,48,053.00 C 23,48,049.00 D None of These

What was the Stock value of Lipton Brue Coffee 250gm 1x2x8 as on 30/5/2013
Q89
A 11,34,410.05 B 11,34,410.08 C 11,34,410.06 D None of These
What is the Maximum Quantity of Stock of Punching Machine (Kores) 1x4x12 held in
Q90 the month of April
A 13,999.00 B 13,996.00 C 14,000.00 D None of These
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What is the Profit or Loss as on 13/5/2013

Q91
A -3,42,269.83 B -3,42,269.86 C -3,42,269.85 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q92
A 1,215.75 B 1,215.73 C 1,215.74 D None of These
What is the collection from customers through Bank Accounts during the period
Q93 18/4/2013 to 30/4/2013
A 13,60,983.00 B 13,60,987.00 C 13,60,986.00 D None of These

what is the minimum cash balance held during the period 12/4/2013 to 11/5/2013
Q94
A 10,93,020.00 B 10,93,050.00 C 10,93,060.00 D None of These
What is the total amount of sales return of Food Items during the period 3/4/2013 to
Q95 11/5/2013
A 4,289.00 B 4,292.00 C 4,291.00 D None of These
What is the total amount of cash deposited in Bank of London A/c (Churchil Way
Q96 Branch) in the month of May
A 80,000.00 B 50,000.00 C 90,000.00 D None of These
What is the lowest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 purchased
Q97 during the period 3/4/2013 to 31/5/2013
A 81.63 B 81.65 C 81.61 D None of These

What is the total Sale (Less Returns) as on 23/4/2013

Q98
A 41,24,379.00 B 41,24,378.00 C 41,24,381.00 D None of These
What is the total amount of cash withdrawn from banks during the period 15/4/2013 to
Q99 7/5/2013
A 4,00,000.00 B 1,00,000.00 C 3,00,000.00 D None of These

What is the total amount of cheque paid to Penmark Stationery Mall in April
Q100
A 2,52,000.00 B 2,55,000.00 C 2,56,000.00 D None of These