International Institute of Certified Accountants

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How much Cash is paid to Suppliers during the Period 17/4/2013 to 20/5/2013
Q1
A 3,81,000.00 B 3,79,000.00 C 3,77,000.00 D None of These

What is balance payable to Pentas Computer World A/cas on 15/5/2013

Q2
A 35,309.00 B 0.00 C 8,219.00 D None of These

What is the total expense incurred during the period 14/4/2013 to 21/5/2013
Q3
A 6,43,003.00 B 6,43,006.00 C 6,43,005.00 D None of These

What is the total payment made to Creditors during the period 6/4/2013 to 28/5/2013
Q4
A 746,27,029.68 B 746,27,029.70 C 746,27,029.67 D None of These
What is the Quantity of Lipton Brue Coffee 250gm 1x2x8 returned by customers during
Q5 the period 3/4/2013 to 20/5/2013
A 8.00 B 7.00 C 5.00 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Churchil Way
Q6 Branch) as on 10/5/2013
A 81,85,403.59 B 81,85,403.58 C 81,85,403.60 D None of These

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

Q7
A 2,600.00 B 3,000.00 C 2,800.00 D None of These

What is the Total Net Sale of Food Items during the period 3/4/2013 to 20/5/2013
Q8
A 10,74,588.00 B 10,74,590.00 C 10,74,592.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 8/4/2013
Q9 to 14/5/2013
A 68,76,503.48 B 68,76,503.52 C 68,76,503.50 D None of These
What is the total amount of cash withdrawn from City Bank (Lombard Street Branch)
Q10 A/cin the month ofApril
A 6,00,000.00 B 3,00,000.00 C 5,00,000.00 D None of These
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What is the Average Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 held during
Q11 the period 17/4/2013 to 11/5/2013
A 5,327.00 B 5,323.00 C 5,326.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q12 TRANSACTIONS
A 4.00 B 3.00 C 6.00 D None of These

What is balance payable to Brixton Foods Ltd as on 18/5/2013

Q13
A 59,090.63 B 59,090.62 C 59,090.61 D None of These

What is the Profit or Loss as on 1/5/2013

Q14
A -3,81,964.33 B -3,81,964.34 C -3,81,964.31 D None of These
What is the highest Rate at which Punching Machine (Kores) 1x4x12 purchased during
Q15 the period 11/4/2013 to 21/5/2013
A 23.89 B 23.91 C 23.88 D None of These
What is the amount paid to suppliers through Bank of London A/c (Lombard Street
Q16 Branch) during the period 3/4/2013 to 6/5/2013
A 111,51,767.66 B 111,51,767.70 C 111,51,767.67 D None of These

What is the Minimum Amount of Stock of Television (Onida) 21" 1x1 in business
Q17
A 100,97,033.10 B 100,97,033.08 C 100,97,033.12 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q18 18/4/2013 to 20/5/2013
A 1,72,263.47 B 1,72,263.45 C 1,72,263.43 D None of These
What is the total Cash Purchase (Net) of Food Items during the period 1/4/2013 to
Q19 21/4/2013
A 2,05,470.00 B 2,05,480.00 C 2,05,460.00 D None of These

What is the Quick Ratio as on 11/5/2013

Q20
A 1.94 B 1.96 C 1.98 D None of These
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What was the Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 as on 25/5/2013
Q21
A 4,975.00 B 4,974.00 C 4,971.00 D None of These

What is the Gross Profit Ratio as on 20/4/2013

Q22
A 0.03 B 0.07 C 0.05 D None of These
What is the Total Net Sale of Happy Tomato Sauce 250gm 1x8x4x2 during the period
Q23 12/4/2013 to 22/5/2013
A 1,52,692.00 B 1,52,689.00 C 1,52,693.00 D None of These
What is the highest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q24 period 18/4/2013 to 22/5/2013
A 109.00 B 108.00 C 106.00 D None of These
What is the highest Quantity of Stapler Pin (Camel) 1x8x6 purchased during the period
Q25 9/4/2013 to 24/5/2013
A 2,498.00 B 2,496.00 C 2,500.00 D None of These

What is the Profit or Loss as on 11/4/2013

Q26
A 41,312.01 B 41,311.99 C 41,312.03 D None of These
What is the total amount of sales return of Electronic Items during the period 14/4/2013
Q27 to 24/5/2013
A 5,31,520.00 B 5,31,560.00 C 5,31,550.00 D None of These
What is the lowest Quantity of Punching Machine (Kores) 1x4x12 purchased during the
Q28 period 9/4/2013 to 17/5/2013
A 867.00 B 865.00 C 866.00 D None of These
What is the total amount of cash withdrawn from banks during the period 15/4/2013 to
Q29 14/5/2013
A 41,50,000.00 B 41,80,000.00 C 41,90,000.00 D None of These
How much Cash is received (Gross) from Customers during the period 16/4/2013 to
Q30 9/5/2013
A 6,79,000.00 B 6,76,000.00 C 6,80,000.00 D None of These
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What is the Minimum Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 held in the
Q31 month of April
A 4,863.00 B 4,862.00 C 4,859.00 D None of These

What was the Average Bank balance held during the period 7/4/2013 to 21/5/2013
Q32
A 1209,18,598.64 B 1209,18,598.62 C 1209,18,598.60 D None of These

What is the total Purchase (Less Returns) as on 22/5/2013

Q33
A 726,59,565.53 B 726,59,565.55 C 726,59,565.57 D None of These
What is the lowest Rate at which Lipton Brue Coffee 250gm 1x2x8 purchased during
Q34 the period 16/4/2013 to 30/5/2013
A 201.05 B 201.07 C 201.09 D None of These
What is the total amount collected from customers through City Bank (Lombard Street
Q35 Branch) A/c in May
A 12,46,272.00 B 12,46,268.00 C 12,46,271.00 D None of These
What is the Gross COST OF SALE of Refrigerator (Kelvinator) 1x1sold during the
Q36 period 10/4/2013 to 23/5/2013
A 7,25,948.29 B 7,25,948.31 C 7,25,948.27 D None of These
What is the lowest Quantity of Punching Machine (Kores) 1x4x12 sold during the
Q37 period 1/4/2013 to 20/5/2013
A 139.00 B 140.00 C 136.00 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned to suppliers during the
Q38 period 4/4/2013 to 20/5/2013
A 16.00 B 12.00 C 15.00 D None of These
What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q39 A/c in May
A 100,75,451.30 B 100,75,451.31 C 100,75,451.32 D None of These

What is balance receivable from Lamson Grocery Shopas on 20/5/2013

Q40
A 6,90,527.00 B 6,90,524.00 C 6,90,528.00 D None of These
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What is the total Credit sale (Net) of Food Items during the period 4/4/2013 to 1/5/2013
Q41
A 3,93,707.00 B 3,93,708.00 C 3,93,709.00 D None of These

What was the Stock value of Happy Tomato Sauce 250gm 1x8x4x2 as on 25/4/2013
Q42
A 4,20,850.85 B 4,20,850.89 C 4,20,850.87 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q43
A 27,15,543.00 B 27,15,541.00 C 27,15,545.00 D None of These
What is the total Credit Purchase (Net) of Electronic Items during the period 7/4/2013
Q44 to 18/5/2013
A 94,62,796.90 B 94,62,796.93 C 94,62,796.94 D None of These

What is the value of Total Stock as on 24/5/2013

Q45
A 642,16,439.78 B 642,16,439.74 C 642,16,439.76 D None of These

What is the total amount payable to Creditors as on 19/5/2013

Q46
A 425,61,974.65 B 425,61,974.61 C 425,61,974.63 D None of These
what was the highest amount of cash balance held during the period 4/4/2013 to
Q47 12/5/2013
A 24,37,606.00 B 24,37,604.00 C 24,37,608.00 D None of These
What is the lowest Rate at which Television (Philips)32" 1x1 sold during the period
Q48 14/4/2013 to 18/5/2013
A 29,389.00 B 29,385.00 C 29,388.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q49 12/4/2013 to 25/5/2013
A 398,43,319.66 B 398,43,319.70 C 398,43,319.68 D None of These

What is the total Gross sale of Food Items as on 28/4/2013

Q50
A 6,02,787.00 B 6,02,788.00 C 6,02,784.00 D None of These
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What was the Average Cash balance held during the period 6/4/2013 to 19/5/2013
Q51
A 21,00,127.17 B 21,00,127.18 C 21,00,127.20 D None of These

What is the total Cash payment made to Penmart Stationery Mall

Q52
A 20,000.00 B 50,000.00 C 40,000.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 31/5/2013

Q53
A 682,89,545.88 B 682,89,545.85 C 682,89,545.86 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q54 12/4/2013 to 12/5/2013
A 2,96,209.00 B 2,96,208.00 C 2,96,210.00 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q55 May
A 20,000.00 B 60,000.00 C 50,000.00 D None of These
What is the Maximum Quantity of Stock of Television (Philips)32" 1x1 held in the
Q56 month of May
A 1,451.00 B 1,452.00 C 1,449.00 D None of These
What is the Average Amount of Stock of Refrigerator (Kelvinator) 1x1 held during the
Q57 period 6/4/2013 to 12/5/2013
A 81,73,959.80 B 81,73,959.81 C 81,73,959.83 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 15/4/2013 to
Q58 5/5/2013
A 29,875.00 B 29,876.00 C 29,872.00 D None of These

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

Q59
A 37,43,880.00 B 37,43,877.00 C 37,43,879.00 D None of These

What is the total amount of cheque paid to Yorkshare Food Products Ltd in May
Q60
A 1,89,050.42 B 1,89,050.39 C 1,89,050.38 D None of These
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What is the total amount of cash deposited in banks during the period 13/4/2013 to
Q61 21/5/2013
A 5,50,000.00 B 5,70,000.00 C 5,80,000.00 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q62
A 1,215.74 B 1,215.77 C 1,215.73 D None of These
What is the total payment received from Traford Super Market during the period
Q63 10/4/2013 to 24/5/2013
A 3,37,836.00 B 3,37,840.00 C 3,37,838.00 D None of These
What is the total collection from customers through Bank of London A/c (Lombard
Q64 Street Branch) as on 4/5/2013
A 7,82,594.00 B 7,82,596.00 C 7,82,595.00 D None of These
What is the total payment made to Lincroft Electronics Ltd during the period 5/4/2013
Q65 to 18/5/2013
A 368,00,000.00 B 364,00,000.00 C 367,00,000.00 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q66 5/4/2013 to 31/5/2013
A 330.32 B 330.31 C 330.33 D None of These

What is the total Gross Purchase of Food Items as on 12/5/2013

Q67
A 37,06,376.32 B 37,06,376.30 C 37,06,376.34 D None of These
What is the total payment received from Debtors during the period 8/4/2013 to
Q68 21/5/2013
A 40,61,782.00 B 40,61,781.00 C 40,61,778.00 D None of These

What was the Total Bank balance as on 29/5/2013

Q69
A 757,35,538.32 B 757,35,538.34 C 757,35,538.30 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q70
A 235,11,696.39 B 235,11,696.42 C 235,11,696.40 D None of These
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What is the collection from customers through Bank of London A/c (Lombard Street
Q71 Branch) during the period 6/4/2013 to 17/5/2013
A 9,82,596.00 B 9,82,595.00 C 9,82,592.00 D None of These

What is the total Cheques collected from Hamilton Rose Hyper Market in May
Q72
A 6,97,389.00 B 6,97,385.00 C 6,97,387.00 D None of These
What is the total quantity (Net) of Punching Machine (Kores) 1x4x12 Purchased during
Q73 the period 20/4/2013 to 17/5/2013
A 5,855.00 B 5,854.00 C 5,852.00 D None of These

What is the total Salary expense in the month of May

Q74
A 4,86,000.00 B 4,89,000.00 C 4,87,000.00 D None of These

What was the Cash Balance as on 23/5/2013

Q75
A 37,67,931.52 B 37,67,931.48 C 37,67,931.50 D None of These
What is the total amount of cash deposited in City Bank (Lombard Street Branch) A/c in
Q76 the month of April
A 501,00,000.00 B 504,00,000.00 C 505,00,000.00 D None of These

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

Q77
A 80,33,370.00 B 80,33,350.00 C 80,33,360.00 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 sold during the period
Q78 8/4/2013 to 27/5/2013
A 40.00 B 42.00 C 38.00 D None of These

What is the Profit or Loss as on 12/5/2013

Q79
A -3,42,194.83 B -3,42,194.86 C -3,42,194.85 D None of These
What is the total quantity (Net) of Refrigerator (Kelvinator) 1x1 Sold during the period
Q80 28/4/2013 to 28/5/2013
A 49.00 B 51.00 C 53.00 D None of These
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What is the total Expense Paid by cash during the period 19/4/2013 to 7/5/2013
Q81
A 2,91,969.00 B 2,91,972.00 C 2,91,973.00 D None of These
What is the Average Daily Expense of the company during the period 22/4/2013 to
Q82 27/5/2013
A 17,037.71 B 17,037.72 C 17,037.70 D None of These

What is the total amount receivable from Debtors as on 14/5/2013

Q83
A 19,72,115.00 B 19,72,113.00 C 19,72,116.00 D None of These

What is the total amount payable to Suppliers as on 31/5/2013

Q84
A 178,11,433.98 B 178,11,433.96 C 178,11,434.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q85 13/4/2013 to 5/5/2013
A 14,53,850.00 B 14,53,849.00 C 14,53,846.00 D None of These

What is the total expense of Printing & Stationery as on 14/5/2013

Q86
A 47,379.00 B 47,382.00 C 47,381.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 14/5/2013

Q87
A 3,64,227.50 B 3,64,227.48 C 3,64,227.52 D None of These

What is the total expense incurred as upto 22/5/2013

Q88
A 6,93,885.00 B 6,93,888.00 C 6,93,889.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period
Q89 19/4/2013 to 19/5/2013
A 66,639.00 B 66,643.00 C 66,642.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 12/5/2013

Q90
A 8,64,955.00 B 8,64,954.00 C 8,64,956.00 D None of These
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What is the total collection from customers through Bank accounts as on 24/4/2013
Q91
A 15,66,371.00 B 15,66,368.00 C 15,66,372.00 D None of These
What is the Maximum Amount of Stock of Stapler Pin (Camel) 1x8x6 held in the month
Q92 of April
A 86,047.58 B 86,047.54 C 86,047.56 D None of These
What is the collection from customers through Bank Accounts during the period
Q93 9/4/2013 to 8/5/2013
A 23,95,983.00 B 23,95,985.00 C 23,95,986.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 10/5/2013
Q94
A 214,30,490.00 B 214,30,489.00 C 214,30,491.00 D None of These
What is the total value of fixed assets purchased during the period 2/4/2013 to
Q95 18/5/2013
A 357,31,000.00 B 357,30,800.00 C 357,30,600.00 D None of These

What was the balance in Bank of London A/c (Churchil Way Branch) as on 24/5/2013
Q96
A 340,73,837.00 B 340,73,836.00 C 340,73,834.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 25/4/2013
Q97
A 194,94,292.80 B 194,94,292.82 C 194,94,292.78 D None of These
What was the Rate of Stock balance of Punching Machine (Kores) 1x4x12 as on
Q98 17/4/2013
A 23.73 B 23.70 C 23.71 D None of These
What is the Amount (Gross) of Happy Tomato Sauce 250gm 1x8x4x2 purchased during
Q99 the period 14/4/2013 to 26/5/2013
A 93,820.15 B 93,820.17 C 93,820.14 D None of These

what is the minimum cash balance held during the period 14/4/2013 to 10/5/2013
Q100
A 15,45,416.00 B 15,45,412.00 C 15,45,414.00 D None of These