International Institute of Certified Accountants

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What is the total amount of sales return of Stationery Items during the period 8/4/2013
Q1 to 28/5/2013
A 360.00 B 400.00 C 390.00 D None of These

What is the total expense incurred during the period 8/4/2013 to 10/5/2013
Q2
A 6,63,680.00 B 6,63,679.00 C 6,63,678.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q3 TRANSACTIONS
A 5.00 B 6.00 C 2.00 D None of These
What is the Minimum Amount of Stock of Nido Milk Powder 500gm 1x4x2x6 held in
Q4 the month of May
A 14,66,452.37 B 14,66,452.34 C 14,66,452.35 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q5
A 87,786.00 B 87,787.00 C 87,783.00 D None of These

What is the Profit or Loss as on 2/5/2013

Q6
A -3,81,986.32 B -3,81,986.33 C -3,81,986.30 D None of These

What is the total Gross Purchase of Stationery Items as on 24/5/2013

Q7
A 6,65,100.70 B 6,65,100.73 C 6,65,100.71 D None of These

What was the Cash Balance as on 14/4/2013

Q8
A 16,93,050.00 B 16,93,020.00 C 16,93,060.00 D None of These
What is the total quantity (Net) of Television (Onida) 21" 1x1 Purchased during the
Q9 period 27/4/2013 to 18/5/2013
A 189.00 B 190.00 C 186.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q10 12/4/2013 to 20/5/2013
A 358,25,387.92 B 358,25,387.94 C 358,25,387.90 D None of These
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What is the total amount paid to suppliers through Bank of London A/c (Churchil Way
Q11 Branch) in April
A 81,85,403.62 B 81,85,403.59 C 81,85,403.58 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q12 14/4/2013 to 22/5/2013
A 17.00 B 16.00 C 14.00 D None of These

What is the total Net Credit Sale (Less Returns) as on 28/5/2013

Q13
A 67,07,667.00 B 67,07,668.00 C 67,07,665.00 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q14 A/c as on 11/5/2013
A 7,43,780.00 B 7,43,776.00 C 7,43,779.00 D None of These
What is the Average Daily Expense of the company during the period 21/4/2013 to
Q15 23/5/2013
A 18,586.19 B 18,586.21 C 18,586.20 D None of These

what is the minimum cash balance held during the period 2/4/2013 to 14/5/2013
Q16
A 4,99,945.00 B 4,99,946.00 C 4,99,942.00 D None of These
what was the highest amount of cash balance held during the period 9/4/2013 to
Q17 7/5/2013
A 24,37,606.00 B 24,37,608.00 C 24,37,604.00 D None of These
What is the Average Amount of Stock of Punching Machine (Kores) 1x4x12 held
Q18 during the period 17/4/2013 to 10/5/2013
A 3,16,060.55 B 3,16,060.54 C 3,16,060.56 D None of These

What is the total Gross sale of Stationery Items as on 3/5/2013

Q19
A 79,168.00 B 79,165.00 C 79,167.00 D None of These

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

Q20
A 725,06,074.09 B 725,06,074.13 C 725,06,074.10 D None of These
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What is the Maximum Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 in
Q21 business
A 5,563.00 B 5,566.00 C 5,567.00 D None of These

What is balance payable to Yorkshare Food Products Ltd as on 21/4/2013

Q22
A 18,523.68 B 18,523.71 C 18,523.69 D None of These

What is the total expense incurred as upto 27/5/2013

Q23
A 6,94,454.00 B 6,94,456.00 C 6,94,457.00 D None of These
What is the total payment made to Penmark Stationery Mall during the period 5/4/2013
Q24 to 30/5/2013
A 3,54,454.08 B 3,54,454.07 C 3,54,454.10 D None of These

What was the Total Bank balance as on 7/4/2013

Q25
A 1530,00,000.00 B 1490,00,000.00 C 1510,00,000.00 D None of These
What is the amount paid to suppliers through City Bank (Lombard Street Branch) A/c
Q26 during the period 4/4/2013 to 29/5/2013
A 121,96,184.22 B 121,96,184.25 C 121,96,184.26 D None of These
What is the lowest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 purchased
Q27 during the period 17/4/2013 to 31/5/2013
A 81.63 B 81.65 C 81.62 D None of These

What is the total Cash payment made to Penmark Stationery Mall

Q28
A 80,000.00 B 77,000.00 C 79,000.00 D None of These
What is the total amount of cash deposited in Bank of London A/c (Churchil Way
Q29 Branch) in the month of May
A 90,000.00 B 80,000.00 C 50,000.00 D None of These

What was the balance in Bank of London A/c (Lombard Street Branch) as on 22/4/2013
Q30
A 427,73,232.30 B 427,73,232.31 C 427,73,232.32 D None of These
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What was the Stock value of Television (Onida) 21" 1x1 as on 12/4/2013
Q31
A 103,52,402.55 B 103,52,402.52 C 103,52,402.53 D None of These

What is the total amount payable to Creditors as on 29/5/2013

Q32
A 291,41,226.20 B 291,41,226.16 C 291,41,226.18 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q33 14/4/2013 to 20/5/2013
A 2,99,947.00 B 2,99,948.00 C 2,99,945.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q34
A 235,11,696.40 B 235,11,696.38 C 235,11,696.39 D None of These
What is the Quantity of Refrigerator (Kelvinator) 1x1 returned to suppliers during the
Q35 period 8/4/2013 to 22/5/2013
A 40.00 B 10.00 C 50.00 D None of These
What is the total amount of cash withdrawn from banks during the period 14/4/2013 to
Q36 10/5/2013
A 7,80,000.00 B 7,50,000.00 C 7,70,000.00 D None of These

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

Q37
A 41,312.00 B 41,312.01 C 41,312.03 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 purchased during
Q38 the period 20/4/2013 to 15/5/2013
A 1,828.00 B 1,824.00 C 1,826.00 D None of These

What was the Quantity of Stock of Television (Onida) 21" 1x1 as on 26/4/2013
Q39
A 1,325.00 B 1,327.00 C 1,329.00 D None of These

What is the total Expense Paid by cash during the period 19/4/2013 to 20/5/2013
Q40
A 2,96,914.00 B 2,96,915.00 C 2,96,912.00 D None of These
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What is the total payment made to Creditors during the period 19/4/2013 to 24/5/2013
Q41
A 542,65,029.66 B 542,65,029.68 C 542,65,029.67 D None of These
What is the Gross COST OF SALE of Gum (Fevicol) 1x10x12sold during the period
Q42 15/4/2013 to 18/5/2013
A 2,357.27 B 2,357.25 C 2,357.29 D None of These
What is the total payment received from Traford Super Market during the period
Q43 8/4/2013 to 17/5/2013
A 1,87,595.00 B 1,87,592.00 C 1,87,596.00 D None of These

What is the total Cheques collected from Lamson Grocery Shop in April
Q44
A 10,00,000.00 B 50,00,000.00 C 40,00,000.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q45 4/4/2013 to 11/5/2013
A 25,95,987.00 B 25,95,983.00 C 25,95,985.00 D None of These
What is the Minimum Quantity of Stock of Punching Machine (Kores) 1x4x12 held in
Q46 the month of April
A 9,795.00 B 9,791.00 C 9,793.00 D None of These
What is the Maximum Amount of Stock of Punching Machine (Kores) 1x4x12 held in
Q47 the month of May
A 4,24,358.72 B 4,24,358.68 C 4,24,358.70 D None of These
What is the total Credit sale (Net) of Stationery Items during the period 16/4/2013 to
Q48 17/5/2013
A 28,340.00 B 28,320.00 C 28,360.00 D None of These
What is the total amount of cash deposited in banks during the period 8/4/2013 to
Q49 14/5/2013
A 6,00,000.00 B 4,00,000.00 C 8,00,000.00 D None of These

What is balance receivable from Hamilton Rose Hyper Marketas on 12/5/2013

Q50
A 2,02,131.00 B 2,02,128.00 C 2,02,132.00 D None of These
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What is the total value of fixed assets purchased during the period 10/4/2013 to
Q51 27/5/2013
A 77,34,000.00 B 77,33,600.00 C 77,33,900.00 D None of These
What is the collection from customers through Bank of London A/c (Churchil Way
Q52 Branch) during the period 19/4/2013 to 24/5/2013
A 8,79,859.00 B 8,79,862.00 C 8,79,863.00 D None of These

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

Q53
A 2.66 B 2.62 C 2.64 D None of These

What was the Average Bank balance held during the period 22/4/2013 to 6/5/2013
Q54
A 1237,81,191.71 B 1237,81,191.70 C 1237,81,191.68 D None of These
What is the lowest Rate at which Refrigerator (Kelvinator) 1x1 sold during the period
Q55 4/4/2013 to 26/5/2013
A 6,534.00 B 6,535.00 C 6,536.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q56 16/4/2013 to 14/5/2013
A 12,47,654.00 B 12,47,657.00 C 12,47,656.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 13/5/2013

Q57
A 673,01,513.99 B 673,01,514.01 C 673,01,513.98 D None of These

What is the value of Total Stock as on 14/4/2013

Q58
A 577,57,837.73 B 577,57,837.75 C 577,57,837.77 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period
Q59 12/4/2013 to 26/5/2013
A 1,31,978.00 B 1,31,976.00 C 1,31,980.00 D None of These
What is the total amount of cash withdrawn from City Bank (Lombard Street Branch)
Q60 A/cin the month ofApril
A 5,00,000.00 B 7,00,000.00 C 3,00,000.00 D None of These
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What is the total amount collected from customers through Bank of London A/c
Q61 (Lombard Street Branch) in May
A 5,18,789.00 B 5,18,785.00 C 5,18,788.00 D None of These
What is the highest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q62 period 6/4/2013 to 19/5/2013
A 446.00 B 443.00 C 444.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 2/4/2013
Q63 to 23/5/2013
A 89,59,964.52 B 89,59,964.50 C 89,59,964.48 D None of These
What is the total amount of Purchase return of Food Items during the period 12/4/2013
Q64 to 14/5/2013
A 2,609.03 B 2,609.01 C 2,608.99 D None of These

What is the total amount payable to Suppliers as on 25/5/2013

Q65
A 238,85,226.16 B 238,85,226.18 C 238,85,226.20 D None of These
What is the Amount (Gross) of Gum (Fevicol) 1x10x12 purchased during the period
Q66 12/4/2013 to 16/5/2013
A 13,249.19 B 13,249.18 C 13,249.20 D None of These

What is the total amount payable to Creditors other than suppliers as upto 15/5/2013
Q67
A 214,30,489.00 B 214,30,491.00 C 214,30,487.00 D None of These

What is the total expense of Printing & Stationery as on 20/5/2013

Q68
A 47,433.00 B 47,435.00 C 47,437.00 D None of These
What is the Quantity of Refrigerator (Kelvinator) 1x1 returned by customers during the
Q69 period 2/4/2013 to 21/5/2013
A 11.00 B 14.00 C 15.00 D None of These

What is the total Sale (Less Returns) as on 19/5/2013

Q70
A 80,33,350.00 B 80,33,360.00 C 80,33,330.00 D None of These
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What is the total Net Cash Purchase (Less Returns) as on 22/5/2013

Q71
A 42,16,627.50 B 42,16,627.52 C 42,16,627.49 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 15/4/2013 to
Q72 21/5/2013
A 19,43,965.00 B 19,43,962.00 C 19,43,964.00 D None of These

What is the total amount receivable from Debtors as on 19/5/2013

Q73
A 18,53,236.00 B 18,53,234.00 C 18,53,238.00 D None of These
What is the highest Rate at which Nido Milk Powder 500gm 1x4x2x6 purchased during
Q74 the period 8/4/2013 to 23/5/2013
A 308.34 B 308.38 C 308.36 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q75 April
A 24,110.00 B 0.00 C 61,797.00 D None of These
What was the Rate of Stock balance of Happy Tomato Sauce 250gm 1x8x4x2 as on
Q76 22/4/2013
A 82.97 B 82.95 C 82.98 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q77 14/4/2013 to 1/5/2013
A 1,01,350.44 B 1,01,350.41 C 1,01,350.43 D None of These
What is the highest Rate at which Punching Machine (Kores) 1x4x12 sold during the
Q78 period 9/4/2013 to 17/5/2013
A 38.00 B 34.00 C 37.00 D None of These

What is the total Rent expense in the month of April

Q79
A 29,000.00 B 27,000.00 C 26,000.00 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q80
A 27,15,544.00 B 27,15,541.00 C 27,15,545.00 D None of These
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How much Cash is paid to Suppliers during the Period 9/4/2013 to 6/5/2013
Q81
A 3,69,000.00 B 3,68,000.00 C 3,71,000.00 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 5/4/2013 to
Q82 30/4/2013
A 9,236.00 B 57,285.00 C 0.00 D None of These
What is the Total Net Sale of Punching Machine (Kores) 1x4x12 during the period
Q83 6/4/2013 to 19/5/2013
A 96,427.00 B 96,426.00 C 96,424.00 D None of These
What is the total quantity (Net) of Television (Onida) 21" 1x1 Sold during the period
Q84 18/4/2013 to 28/5/2013
A 128.00 B 130.00 C 129.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 26/5/2013

Q85
A 22,18,321.00 B 22,18,318.00 C 22,18,322.00 D None of These

What is the Total Net Sale of Food Items during the period 2/4/2013 to 22/5/2013
Q86
A 10,72,957.00 B 10,72,956.00 C 10,72,953.00 D None of These
How much Cash is received (Gross) from Customers during the period 3/4/2013 to
Q87 20/5/2013
A 8,89,000.00 B 8,87,000.00 C 8,90,000.00 D None of These
What is the total payment received from Debtors during the period 18/4/2013 to
Q88 18/5/2013
A 32,26,779.00 B 32,26,782.00 C 32,26,780.00 D None of These

What is balance payable to Kores Stationery Shop A/cas on 14/5/2013

Q89
A 22,488.00 B 22,490.00 C 22,489.00 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q90 A/c as on 4/5/2013
A 81,74,525.12 B 81,74,525.11 C 81,74,525.14 D None of These
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What is the total collection from customers through Bank accounts as on 25/5/2013
Q91
A 36,14,139.00 B 36,14,143.00 C 36,14,141.00 D None of These

What is the Profit or Loss as on 31/5/2013

Q92
A -6,65,299.64 B -6,65,299.62 C -6,65,299.66 D None of These

What was the Average Cash balance held during the period 3/4/2013 to 11/5/2013
Q93
A 17,74,211.90 B 17,74,211.89 C 17,74,211.88 D None of These
What is the Average Quantity of Stock of Punching Machine (Kores) 1x4x12 held
Q94 during the period 21/4/2013 to 25/5/2013
A 14,864.00 B 14,868.00 C 14,867.00 D None of These

What is the Gross Profit Ratio as on 7/5/2013

Q95
A 0.08 B 0.06 C 0.04 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 6/4/2013
Q96 to 26/5/2013
A 2,24,486.51 B 2,24,486.48 C 2,24,486.52 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 sold during the period
Q97 14/4/2013 to 28/5/2013
A 11.00 B 14.00 C 15.00 D None of These

What is the total amount of cheque paid to Penmart Stationery Mall in May
Q98
A 2,068.40 B 2,068.38 C 2,068.42 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 20/5/2013
Q99
A 399,09,387.92 B 399,09,387.90 C 399,09,387.94 D None of These

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

Q100
A 2,600.00 B 2,900.00 C 2,800.00 D None of These