International Institute of Certified Accountants

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What is the total expense incurred as upto 24/5/2013

Q1
A 6,94,470.00 B 6,94,480.00 C 6,94,440.00 D None of These
What is the Quantity of Nido Milk Powder 500gm 1x4x2x6 returned to suppliers during
Q2 the period 6/4/2013 to 16/5/2013
A 8.00 B 5.00 C 9.00 D None of These

What is the Profit or Loss as on 16/5/2013

Q3
A -3,42,856.25 B -3,42,856.28 C -3,42,856.27 D None of These

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

Q4
A 37,43,878.00 B 37,43,876.00 C 37,43,879.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 10/5/2013

Q5
A 6,86,563.00 B 6,86,560.00 C 6,86,562.00 D None of These

What is the total collection from customers through Bank accounts as on 10/5/2013
Q6
A 23,95,987.00 B 23,95,986.00 C 23,95,983.00 D None of These
What is the total amount of cash withdrawn from banks during the period 11/4/2013 to
Q7 19/5/2013
A 47,50,000.00 B 47,90,000.00 C 47,80,000.00 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 3/4/2013 to
Q8 29/5/2013
A 56,44,568.00 B 56,44,570.00 C 56,44,566.00 D None of These
What is the Minimum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q9 in the month of April
A 5,076.00 B 5,073.00 C 5,075.00 D None of These

What is balance payable to Leisure Travels A/cas on 27/5/2013

Q10
A 62,000.00 B 60,000.00 C 59,000.00 D None of These
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What is the total net Purchases (Less Returns) of Stationery Items during the period
Q11 13/4/2013 to 1/5/2013
A 1,01,350.40 B 1,01,350.42 C 1,01,350.44 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q12
A 235,11,696.39 B 235,11,696.40 C 235,11,696.38 D None of These

What was the Average Bank balance held during the period 5/4/2013 to 14/5/2013
Q13
A 1272,64,920.91 B 1272,64,920.95 C 1272,64,920.93 D None of These
What Amount of Cash was utilised for payment of Expenses during the period 1/4/2013
Q14 to 15/5/2013
A 2,97,430.00 B 2,97,470.00 C 2,97,460.00 D None of These

What was the Stock value of Television (Philips)32" 1x1 as on 23/4/2013

Q15
A 375,05,267.18 B 375,05,267.16 C 375,05,267.15 D None of These
What is the total quantity (Net) of Television (Philips)32" 1x1 Purchased during the
Q16 period 18/4/2013 to 20/5/2013
A 176.00 B 173.00 C 177.00 D None of These
What is the Average Amount of Stock of Stapler Pin (Camel) 1x8x6 held during the
Q17 period 15/4/2013 to 20/5/2013
A 84,346.91 B 84,346.92 C 84,346.93 D None of These
What is the lowest Quantity of Lipton Brue Coffee 250gm 1x2x8 purchased during the
Q18 period 18/4/2013 to 19/5/2013
A 160.00 B 190.00 C 180.00 D None of These
What is the total collection from customers through Bank of London A/c (Lombard
Q19 Street Branch) as on 13/5/2013
A 9,82,596.00 B 9,82,592.00 C 9,82,595.00 D None of These
How much Cash is received (Gross) from Customers during the period 16/4/2013 to
Q20 12/5/2013
A 6,78,000.00 B 6,80,000.00 C 6,76,000.00 D None of These
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What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q21 13/4/2013 to 25/5/2013
A 57,96,783.00 B 57,96,786.00 C 57,96,787.00 D None of These
What is the total quantity (Net) of Punching Machine (Kores) 1x4x12 Sold during the
Q22 period 20/4/2013 to 18/5/2013
A 1,686.00 B 1,684.00 C 1,685.00 D None of These
What is the total payment received from Hamilton Rose Hyper Market during the period
Q23 4/4/2013 to 20/5/2013
A 0.00 B 37,304.00 C 75,812.00 D None of These

What is balance payable to Yorkshare Food Products Ltd as on 4/5/2013

Q24
A 1,38,555.54 B 1,38,555.53 C 1,38,555.52 D None of These

What was the Total Bank balance as on 21/5/2013

Q25
A 849,33,040.70 B 849,33,040.66 C 849,33,040.68 D None of These

What is the Maximum Amount of Stock of Television (Philips)32" 1x1 in business

Q26
A 407,23,744.66 B 407,23,744.70 C 407,23,744.68 D None of These

What is the total amount payable to Suppliers as on 11/5/2013

Q27
A 351,84,094.07 B 351,84,094.05 C 351,84,094.09 D None of These
What is the total net sales (Less Returns) of Electronic Items during the period
Q28 13/4/2013 to 13/5/2013
A 23,15,756.00 B 23,15,755.00 C 23,15,752.00 D None of These

What is the Quick Ratio as on 4/5/2013

Q29
A 1.84 B 1.83 C 1.80 D None of These
What is the highest Rate at which Refrigerator (Kelvinator) 1x1 sold during the period
Q30 17/4/2013 to 25/5/2013
A 6,984.00 B 6,986.00 C 6,987.00 D None of These
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What is the total amount paid to Suppliers through Bank accounts as on 6/5/2013
Q31
A 275,11,696.40 B 275,11,696.38 C 275,11,696.42 D None of These

What is the Gross Profit Ratio as on 23/5/2013

Q32
A 0.07 B 0.05 C 0.04 D None of These

What is the Profit or Loss as on 21/4/2013

Q33
A 1,34,077.22 B 1,34,077.21 C 1,34,077.20 D None of These
What is the total amount of cash deposited in banks during the period 10/4/2013 to
Q34 20/5/2013
A 5,50,000.00 B 5,80,000.00 C 5,90,000.00 D None of These

What is the total Purchase (Less Returns) as on 4/5/2013

Q35
A 658,75,327.63 B 658,75,327.65 C 658,75,327.62 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 20/4/2013 to
Q36 31/5/2013
A 20,063.00 B 20,059.00 C 20,062.00 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q37 18/4/2013 to 31/5/2013
A 263.32 B 263.30 C 263.34 D None of These
What is the total amount of sales return of Food Items during the period 4/4/2013 to
Q38 14/5/2013
A 4,289.00 B 4,291.00 C 4,293.00 D None of These

What is the total amount of cheque paid to Lincroft Electronics Ltd in May
Q39
A 270,00,000.00 B 240,00,000.00 C 260,00,000.00 D None of These
What was the Rate of Stock balance of Punching Machine (Kores) 1x4x12 as on
Q40 27/5/2013
A 23.00 B 27.00 C 26.00 D None of These
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What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q41 Branch) during the period 7/4/2013 to 9/5/2013
A 81,85,403.59 B 81,85,403.58 C 81,85,403.62 D None of These
What is the Total Net Sale of Stapler Pin (Camel) 1x8x6 during the period 16/4/2013 to
Q42 28/5/2013
A 19,619.00 B 19,622.00 C 19,623.00 D None of These
What is the lowest Rate at which Stapler Pin (Camel) 1x8x6 purchased during the
Q43 period 10/4/2013 to 17/5/2013
A 5.27 B 5.23 C 5.26 D None of These

what is the minimum cash balance held during the period 16/4/2013 to 11/5/2013
Q44
A 15,45,414.00 B 15,45,415.00 C 15,45,416.00 D None of These
What is the total value of fixed assets purchased during the period 7/4/2013 to
Q45 29/5/2013
A 77,33,800.00 B 77,34,000.00 C 77,33,900.00 D None of These
What is the Maximum Quantity of Stock of Stapler Pin (Camel) 1x8x6 held in the
Q46 month of April
A 15,189.00 B 15,192.00 C 15,193.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 25/5/2013

Q47
A 682,89,545.86 B 682,89,545.84 C 682,89,545.88 D None of These
What is the Gross COST OF SALE of Television (Onida) 21" 1x1sold during the period
Q48 7/4/2013 to 20/5/2013
A 11,75,141.33 B 11,75,141.31 C 11,75,141.32 D None of These
What is the Average Daily Expense of the company during the period 21/4/2013 to
Q49 8/5/2013
A 33,458.44 B 33,458.46 C 33,458.42 D None of These

What is the total Gross Purchase of Stationery Items as on 23/5/2013

Q50
A 6,65,100.74 B 6,65,100.72 C 6,65,100.71 D None of These
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What was the Cash Balance as on 8/5/2013

Q51
A 21,33,605.00 B 21,33,608.00 C 21,33,607.00 D None of These
What is the total Cash Purchase (Net) of Food Items during the period 7/4/2013 to
Q52 27/4/2013
A 2,05,460.00 B 2,05,450.00 C 2,05,480.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 29/4/2013

Q53
A 3,06,980.00 B 3,07,000.00 C 3,06,970.00 D None of These

What is the total Rent expense in the month of April

Q54
A 29,000.00 B 25,000.00 C 27,000.00 D None of These

What was the Quantity of Stock of Stapler Pin (Camel) 1x8x6 as on 26/5/2013
Q55
A 17,256.00 B 17,255.00 C 17,253.00 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Churchil Way
Q56 Branch) as on 8/5/2013
A 81,85,403.62 B 81,85,403.61 C 81,85,403.59 D None of These

How much Cash is paid to Suppliers during the Period 2/4/2013 to 17/5/2013
Q57
A 4,77,000.00 B 4,79,000.00 C 4,81,000.00 D None of These
What is the total amount of cash deposited in Bank of London A/c (Churchil Way
Q58 Branch) in the month of April
A 499,00,000.00 B 496,00,000.00 C 500,00,000.00 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Churchil Way
Q59 Branch) in the month ofApril
A 9,00,000.00 B 7,00,000.00 C 5,00,000.00 D None of These
What is the total payment received from Debtors during the period 2/4/2013 to
Q60 25/5/2013
A 45,00,141.00 B 45,00,139.00 C 45,00,142.00 D None of These
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What is the total amount payable to Creditors as on 7/5/2013

Q61
A 670,87,328.44 B 670,87,328.42 C 670,87,328.43 D None of These
What is the lowest Rate at which Television (Onida) 21" 1x1 sold during the period
Q62 6/4/2013 to 31/5/2013
A 8,524.00 B 8,527.00 C 8,526.00 D None of These
What is the highest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q63 period 12/4/2013 to 20/5/2013
A 444.00 B 442.00 C 446.00 D None of These

What is the total expense of Mobile Expense as on 8/5/2013

Q64
A 3,659.00 B 3,658.00 C 3,656.00 D None of These
What is the Minimum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q65 business
A 4,08,901.20 B 4,08,901.18 C 4,08,901.16 D None of These

What is the total amount payable to Creditors other than suppliers as upto 25/4/2013
Q66
A 233,69,227.00 B 233,69,226.00 C 233,69,223.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q67
A 4,00,000.00 B 7,00,000.00 C 8,00,000.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q68 TRANSACTIONS
A 4.00 B 5.00 C 2.00 D None of These

What is the value of Total Stock as on 22/4/2013

Q69
A 602,65,750.03 B 602,65,750.04 C 602,65,750.02 D None of These
What is the Quantity of Punching Machine (Kores) 1x4x12 returned by customers
Q70 during the period 14/4/2013 to 25/5/2013
A 8.00 B 6.00 C 9.00 D None of These
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What is the total Expense Paid by cash during the period 12/4/2013 to 8/5/2013
Q71
A 2,95,945.00 B 2,95,947.00 C 2,95,943.00 D None of These
What is the highest Rate at which Stapler Pin (Camel) 1x8x6 purchased during the
Q72 period 19/4/2013 to 15/5/2013
A 5.52 B 5.48 C 5.50 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q73 11/4/2013 to 8/5/2013
A 274,27,696.40 B 274,27,696.42 C 274,27,696.39 D None of These

What is the total amount receivable from Debtors as on 3/5/2013

Q74
A 10,71,893.00 B 10,71,895.00 C 10,71,897.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q75 1/4/2013 to 30/5/2013
A 39,14,141.00 B 39,14,143.00 C 39,14,139.00 D None of These
What is the Amount (Gross) of Stapler Pin (Camel) 1x8x6 purchased during the period
Q76 12/4/2013 to 31/5/2013
A 43,625.76 B 43,625.74 C 43,625.75 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q77
A 27,15,543.00 B 27,15,545.00 C 27,15,541.00 D None of These
What is the total Credit Purchase (Net) of Electronic Items during the period 2/4/2013
Q78 to 30/5/2013
A 638,59,193.24 B 638,59,193.25 C 638,59,193.26 D None of These

What is balance receivable from Pinchin Johnson & Playfter Ltdas on 30/5/2013
Q79
A 98,529.00 B 98,528.00 C 98,525.00 D None of These
What is the total payment made to Lincroft Electronics Ltd during the period
Q80 10/4/2013 to 30/5/2013
A 404,00,000.00 B 408,00,000.00 C 407,00,000.00 D None of These
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What is the total Sale (Less Returns) as on 17/5/2013

Q81
A 60,88,957.00 B 60,88,955.00 C 60,88,956.00 D None of These

What is the Total Net Sale of Electronic Items during the period 14/4/2013 to 16/5/2013
Q82
A 22,95,949.00 B 22,95,948.00 C 22,95,946.00 D None of These

What is the total expense incurred during the period 19/4/2013 to 30/5/2013
Q83
A 6,46,908.00 B 6,46,912.00 C 6,46,910.00 D None of These

What is the total gross amount of Cash received from Lamson Grocery Shop in May
Q84
A 9,00,000.00 B 5,00,000.00 C 8,00,000.00 D None of These

What is the Profit or Loss as on 19/4/2013

Q85
A 1,71,873.06 B 1,71,873.05 C 1,71,873.04 D None of These

What was the balance in City Bank (Lombard Street Branch) A/c as on 15/5/2013
Q86
A 382,80,437.14 B 382,80,437.16 C 382,80,437.15 D None of These

What is the total payment made to Creditors during the period 6/4/2013 to 31/5/2013
Q87
A 766,90,821.90 B 766,90,821.89 C 766,90,821.87 D None of These
What is the Average Quantity of Stock of Television (Philips)32" 1x1 held during the
Q88 period 18/4/2013 to 28/5/2013
A 1,365.00 B 1,364.00 C 1,367.00 D None of These

What is the total Gross sale of Electronic Items as on 22/5/2013

Q89
A 73,41,616.00 B 73,41,614.00 C 73,41,617.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 9/4/2013
Q90 to 28/5/2013
A 84,70,063.77 B 84,70,063.73 C 84,70,063.75 D None of These
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what was the highest amount of cash balance held during the period 16/4/2013 to
Q91 29/5/2013
A 63,21,719.50 B 63,21,719.48 C 63,21,719.52 D None of These
What is the lowest Quantity of Television (Philips)32" 1x1 sold during the period
Q92 17/4/2013 to 29/5/2013
A 6.00 B 10.00 C 9.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Lombard Street
Q93 Branch) in April
A 111,51,767.66 B 111,51,767.70 C 111,51,767.68 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q94
A 1,215.77 B 1,215.75 C 1,215.74 D None of These
What is the collection from customers through Bank of London A/c (Churchil Way
Q95 Branch) during the period 4/4/2013 to 25/5/2013
A 12,69,859.00 B 12,69,861.00 C 12,69,863.00 D None of These

What is the total value of Computer as on 7/5/2013

Q96
A 27,000.00 B 23,000.00 C 26,000.00 D None of These

What was the Average Cash balance held during the period 19/4/2013 to 24/5/2013
Q97
A 25,83,127.38 B 25,83,127.36 C 25,83,127.40 D None of These
What is the highest Quantity of Television (Philips)32" 1x1 purchased during the
Q98 period 4/4/2013 to 21/5/2013
A 101.00 B 99.00 C 103.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q99 (Churchil Way Branch) in April
A 6,69,615.00 B 6,69,618.00 C 6,69,619.00 D None of These

What is the total Cheques collected from Lamson Grocery Shop in May
Q100
A 13,80,000.00 B 13,60,000.00 C 13,70,000.00 D None of These