International Institute of Certified Accountants

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What is the Profit or Loss as on 26/4/2013

Q1
A 1,67,855.69 B 1,67,855.66 C 1,67,855.65 D None of These

What is the total Expense Paid by cash during the period 17/4/2013 to 15/5/2013
Q2
A 2,95,615.00 B 2,95,617.00 C 2,95,619.00 D None of These
What is the Amount (Gross) of Stapler Pin (Camel) 1x8x6 purchased during the period
Q3 13/4/2013 to 16/5/2013
A 32,619.83 B 32,619.86 C 32,619.84 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q4 19/4/2013 to 7/5/2013
A 80,736.63 B 80,736.61 C 80,736.65 D None of These

What is the total amount payable to Creditors other than suppliers as upto 22/5/2013
Q5
A 112,70,000.00 B 112,66,000.00 C 112,69,000.00 D None of These
What is the Average Amount of Stock of Television (Onida) 21" 1x1 held during the
Q6 period 17/4/2013 to 22/5/2013
A 112,49,340.33 B 112,49,340.31 C 112,49,340.35 D None of These
What is the total amount collected from customers through City Bank (Lombard Street
Q7 Branch) A/c in April
A 6,43,779.00 B 6,43,776.00 C 6,43,780.00 D None of These

what is the minimum cash balance held during the period 6/4/2013 to 17/5/2013
Q8
A 9,99,130.00 B 9,99,131.00 C 9,99,128.00 D None of These

What is the total payment made to Creditors during the period 12/4/2013 to 22/5/2013
Q9
A 585,17,166.30 B 585,17,166.32 C 585,17,166.31 D None of These

What is the Currrent Ratio as on 25/4/2013

Q10
A 2.72 B 2.73 C 2.75 D None of These
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What was the Cash Balance as on 6/4/2013

Q11
A 9,99,770.00 B 9,99,767.00 C 9,99,771.00 D None of These
What is the lowest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 purchased during
Q12 the period 5/4/2013 to 27/5/2013
A 131.00 B 132.00 C 128.00 D None of These
What is the collection from customers through Bank of London A/c (Churchil Way
Q13 Branch) during the period 17/4/2013 to 1/5/2013
A 4,79,615.00 B 4,79,617.00 C 4,79,619.00 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 20/4/2013 to
Q14 11/5/2013
A 7,21,712.00 B 7,21,716.00 C 7,21,715.00 D None of These
What is the highest Quantity of Stapler Pin (Camel) 1x8x6 sold during the period
Q15 17/4/2013 to 24/5/2013
A 784.00 B 788.00 C 787.00 D None of These
What is the Total Net Sale of Television (Onida) 21" 1x1 during the period 1/4/2013 to
Q16 18/5/2013
A 12,58,802.00 B 12,58,804.00 C 12,58,805.00 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q17 17/4/2013 to 23/5/2013
A 97.00 B 94.00 C 98.00 D None of These

What is the Total Net Sale of Food Items during the period 6/4/2013 to 28/5/2013
Q18
A 11,86,166.00 B 11,86,164.00 C 11,86,162.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 28/4/2013

Q19
A 637,24,427.72 B 637,24,427.68 C 637,24,427.70 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Lombard
Q20 Street Branch) as on 27/5/2013
A 191,67,631.04 B 191,67,631.02 C 191,67,631.06 D None of These
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What is the total amount of Purchase return of Electronic Items during the period
Q21 2/4/2013 to 31/5/2013
A 7,90,674.56 B 7,90,674.57 C 7,90,674.60 D None of These

What is the total collection from customers through Bank accounts as on 23/5/2013
Q22
A 34,45,130.00 B 34,45,110.00 C 34,45,140.00 D None of These

What is the total value of Building as on 5/5/2013

Q23
A 190,00,000.00 B 180,00,000.00 C 170,00,000.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q24 7/4/2013 to 18/5/2013
A 30,75,781.00 B 30,75,782.00 C 30,75,778.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 7/4/2013
Q25 to 22/5/2013
A 84,59,964.52 B 84,59,964.48 C 84,59,964.49 D None of These
What is the total amount of cash deposited in banks during the period 11/4/2013 to
Q26 22/5/2013
A 5,90,000.00 B 5,50,000.00 C 5,80,000.00 D None of These
What is the Average Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 held
Q27 during the period 11/4/2013 to 27/5/2013
A 5,043.00 B 5,046.00 C 5,047.00 D None of These

What is the total Gross Purchase of Electronic Items as on 19/5/2013

Q28
A 675,96,132.27 B 675,96,132.29 C 675,96,132.25 D None of These

What is balance payable to Leisure Travels A/cas on 9/5/2013

Q29
A 60,000.00 B 62,000.00 C 58,000.00 D None of These
What is the Average Daily Expense of the company during the period 4/4/2013 to
Q30 20/5/2013
A 14,223.06 B 14,223.08 C 14,223.05 D None of These
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What is the total expense incurred during the period 1/4/2013 to 16/5/2013
Q31
A 6,83,755.00 B 6,83,754.00 C 6,83,751.00 D None of These
What is the Minimum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q32 in the month of May
A 4,08,901.17 B 4,08,901.18 C 4,08,901.20 D None of These
What is the Quantity of Gum (Fevicol) 1x10x12 returned by customers during the
Q33 period 6/4/2013 to 26/5/2013
A 12.00 B 16.00 C 15.00 D None of These

What was the Quantity of Stock of Gum (Fevicol) 1x10x12 as on 23/5/2013

Q34
A 17,270.00 B 17,269.00 C 17,267.00 D None of These
What is the Gross COST OF SALE of Lipton Brue Coffee 250gm 1x2x8sold during the
Q35 period 14/4/2013 to 22/5/2013
A 2,73,915.51 B 2,73,915.53 C 2,73,915.55 D None of These

What is the total Purchase (Less Returns) as on 12/5/2013

Q36
A 674,27,079.47 B 674,27,079.49 C 674,27,079.46 D None of These

What is the total Rent expense in the month of May

Q37
A 20,000.00 B 60,000.00 C 50,000.00 D None of These
What is the lowest Quantity of Punching Machine (Kores) 1x4x12 sold during the
Q38 period 20/4/2013 to 28/5/2013
A 140.00 B 136.00 C 138.00 D None of These
What is the total payment received from Debtors during the period 15/4/2013 to
Q39 16/5/2013
A 32,56,537.00 B 32,56,534.00 C 32,56,538.00 D None of These

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

Q40
A 9,736.00 B 9,735.00 C 9,734.00 D None of These
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What is the total Net Cash Sale (Less Returns) as on 14/5/2013

Q41
A 8,64,956.00 B 8,64,954.00 C 8,64,953.00 D None of These

What is the Profit or Loss as on 16/4/2013

Q42
A 1,05,458.14 B 1,05,458.15 C 1,05,458.16 D None of These

What was the Average Cash balance held during the period 1/4/2013 to 14/5/2013
Q43
A 18,44,531.05 B 18,44,531.06 C 18,44,531.04 D None of These
What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q44 A/c in May
A 100,75,451.32 B 100,75,451.30 C 100,75,451.31 D None of These

What is the total expense of Petrol & Diesel as on 19/5/2013

Q45
A 1,770.00 B 1,760.00 C 1,730.00 D None of These

What was the Total Bank balance as on 11/5/2013

Q46
A 1072,73,492.59 B 1072,73,492.60 C 1072,73,492.58 D None of These
What is the total Credit Purchase (Net) of Electronic Items during the period 9/4/2013
Q47 to 25/5/2013
A 101,66,213.32 B 101,66,213.33 C 101,66,213.36 D None of These

What is the total Net Credit Sale (Less Returns) as on 3/5/2013

Q48
A 37,43,879.00 B 37,43,878.00 C 37,43,876.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q49
A 264,69,415.47 B 264,69,415.50 C 264,69,415.48 D None of These

What was the balance in City Bank (Lombard Street Branch) A/c as on 17/5/2013
Q50
A 363,39,501.18 B 363,39,501.16 C 363,39,501.14 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 8/4/2013 to 17/5/2013
A 123,74,454.00 B 123,74,458.00 C 123,74,456.00 D None of These

What is balance receivable from Pinchin Johnson & Playfter Ltdas on 1/5/2013
Q52
A -33,712.00 B -33,713.00 C -33,716.00 D None of These
What is the highest Rate at which Nido Milk Powder 500gm 1x4x2x6 sold during the
Q53 period 3/4/2013 to 19/5/2013
A 327.00 B 329.00 C 330.00 D None of These
What is the total quantity (Net) of Nido Milk Powder 500gm 1x4x2x6 Purchased during
Q54 the period 15/4/2013 to 24/5/2013
A 1,055.00 B 1,054.00 C 1,052.00 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q55
A 27,15,544.00 B 27,15,545.00 C 27,15,542.00 D None of These
What is the total amount of sales return of Stationery Items during the period 14/4/2013
Q56 to 26/5/2013
A 300.00 B 700.00 C 600.00 D None of These

What is the total amount receivable from Debtors as on 20/4/2013

Q57
A 27,46,965.00 B 27,46,967.00 C 27,46,969.00 D None of These

What is the total Cash payment made to Penmart Stationery Mall

Q58
A 50,000.00 B 20,000.00 C 60,000.00 D None of These

What is the total amount of cheque paid to Brixton Foods Ltd in April
Q59
A 1,74,525.10 B 1,74,525.13 C 1,74,525.14 D None of These

What is the total Cheques collected from Adiison Lee Fancy Shop in May
Q60
A 98,338.00 B 98,336.00 C 98,339.00 D None of These
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What is the total Cash Purchase (Net) of Stationery Items during the period 10/4/2013
Q61 to 26/4/2013
A 1,01,520.00 B 1,01,550.00 C 1,01,560.00 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 18/4/2013 to
Q62 19/5/2013
A 37,465.00 B 37,463.00 C 37,466.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period 7/4/2013
Q63 to 25/5/2013
A 1,34,000.00 B 1,35,000.00 C 1,32,000.00 D None of These
What is the lowest Rate at which Punching Machine (Kores) 1x4x12 sold during the
Q64 period 1/4/2013 to 22/5/2013
A 30.00 B 50.00 C 60.00 D None of These
What is the total amount of cash withdrawn from banks during the period 12/4/2013 to
Q65 24/5/2013
A 47,70,000.00 B 47,90,000.00 C 47,60,000.00 D None of These

What was the Stock value of Television (Philips)32" 1x1 as on 6/5/2013

Q66
A 377,91,306.16 B 377,91,306.17 C 377,91,306.19 D None of These
What is the total payment made to Penmart Stationery Mall during the period 7/4/2013
Q67 to 21/5/2013
A 29,474.00 B 29,476.00 C 29,472.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q68 12/4/2013 to 29/5/2013
A 3,01,302.00 B 3,01,301.00 C 3,01,300.00 D None of These
What is the lowest Rate at which Punching Machine (Kores) 1x4x12 purchased during
Q69 the period 8/4/2013 to 16/5/2013
A 21.50 B 21.48 C 21.52 D None of These

What is the Debt Ratio as on 20/5/2013

Q70
A 0.34 B 0.35 C 0.36 D None of These
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What is the total value of fixed assets purchased during the period 16/4/2013 to
Q71 27/5/2013
A 76,79,000.00 B 76,78,700.00 C 76,78,900.00 D None of These

What is the total amount payable to Creditors as on 6/5/2013

Q72
A 670,87,328.46 B 670,87,328.42 C 670,87,328.44 D None of These
What is the total quantity (Net) of Nido Milk Powder 500gm 1x4x2x6 Sold during the
Q73 period 29/4/2013 to 22/5/2013
A 564.00 B 561.00 C 565.00 D None of These

What is the total amount payable to Suppliers as on 27/4/2013

Q74
A 439,45,833.85 B 439,45,833.89 C 439,45,833.87 D None of These
What is the Maximum Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 held in
Q75 the month of May
A 5,566.00 B 5,565.00 C 5,563.00 D None of These

What is the Profit or Loss as on 25/5/2013

Q76
A -1,42,381.77 B -1,42,381.73 C -1,42,381.74 D None of These

What is the total Gross sale of Stationery Items as on 17/5/2013

Q77
A 99,645.00 B 99,643.00 C 99,641.00 D None of These

What is balance payable to Brixton Foods Ltd as on 21/5/2013

Q78
A 58,319.18 B 58,319.19 C 58,319.20 D None of These

How much Cash is paid to Suppliers during the Period 19/4/2013 to 18/5/2013
Q79
A 3,79,000.00 B 3,80,000.00 C 3,78,000.00 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned to suppliers during the
Q80 period 10/4/2013 to 28/5/2013
A 18.00 B 19.00 C 17.00 D None of These
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How much Cash is received (Gross) from Customers during the period 10/4/2013 to
Q81 23/5/2013
A 8,86,000.00 B 8,90,000.00 C 8,89,000.00 D None of These

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

Q82
A 567,80,330.63 B 567,80,330.62 C 567,80,330.64 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q83 9/4/2013 to 21/5/2013
A 359,11,456.34 B 359,11,456.30 C 359,11,456.32 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q84 15/4/2013 to 31/5/2013
A 59,38,348.00 B 59,38,349.00 C 59,38,351.00 D None of These
What is the total payment received from Pinchin Johnson & Playfter Ltd during the
Q85 period 8/4/2013 to 25/5/2013
A 5,58,950.00 B 5,58,947.00 C 5,58,949.00 D None of These

What is the total Sale (Less Returns) as on 27/4/2013

Q86
A 46,15,635.00 B 46,15,637.00 C 46,15,636.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 26/4/2013

Q87
A 3,07,000.00 B 3,06,960.00 C 3,06,990.00 D None of These
What is the total collection from customers through Bank of London A/c (Churchil
Q88 Way Branch) as on 14/5/2013
A 8,69,617.00 B 8,69,619.00 C 8,69,616.00 D None of These
what was the highest amount of cash balance held during the period 14/4/2013 to
Q89 11/5/2013
A 24,37,604.00 B 24,37,608.00 C 24,37,607.00 D None of These

What is the total expense incurred as upto 24/4/2013

Q90
A 81,305.00 B 81,309.00 C 81,308.00 D None of These
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What was the Rate of Stock balance of Stapler Pin (Camel) 1x8x6 as on 23/4/2013
Q91
A 5.69 B 5.67 C 5.65 D None of These
What is the total amount of cash withdrawn from City Bank (Lombard Street Branch)
Q92 A/cin the month ofMay
A 70,000.00 B 50,000.00 C 80,000.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 5/5/2013
Q93
A 275,11,696.40 B 275,11,696.39 C 275,11,696.38 D None of These

What was the Average Bank balance held during the period 15/4/2013 to 11/5/2013
Q94
A 1237,36,535.58 B 1237,36,535.56 C 1237,36,535.54 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q95
A 87,786.00 B 87,784.00 C 87,787.00 D None of These
What is the Maximum Amount of Stock of Television (Onida) 21" 1x1 held in the
Q96 month of April
A 110,12,975.87 B 110,12,975.85 C 110,12,975.86 D None of These
What is the total amount of cash deposited in Bank of London A/c (Lombard Street
Q97 Branch) in the month of May
A 1,50,000.00 B 1,90,000.00 C 1,80,000.00 D None of These
What is the highest Rate at which Television (Philips)32" 1x1 purchased during the
Q98 period 6/4/2013 to 28/5/2013
A 28,929.09 B 28,929.13 C 28,929.11 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q99 April
A 28,124.00 B 0.00 C 88,802.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q100 TRANSACTIONS
A 5.00 B 4.00 C 2.00 D None of These