International Institute of Certified Accountants

www.ii-ca.com

What is the total Net Credit Purchase (Less Returns) as on 24/5/2013

Q1
A 684,92,265.01 B 684,92,264.99 C 684,92,265.03 D None of These
What is the total quantity (Net) of Lipton Brue Coffee 250gm 1x2x8 Purchased during
Q2 the period 20/4/2013 to 24/5/2013
A 1,418.00 B 1,419.00 C 1,415.00 D None of These

What is the total Telephone expense in the month of May

Q3
A 1,076.00 B 1,074.00 C 1,077.00 D None of These

What was the Total Bank balance as on 28/5/2013

Q4
A 756,85,538.34 B 756,85,538.32 C 756,85,538.30 D None of These
What is the lowest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q5 period 10/4/2013 to 23/5/2013
A 400.00 B 500.00 C 100.00 D None of These
What is the total payment made to Lincroft Electronics Ltd during the period 9/4/2013
Q6 to 28/5/2013
A 404,00,000.00 B 408,00,000.00 C 407,00,000.00 D None of These

What is the value of Total Stock as on 26/4/2013

Q7
A 596,45,521.96 B 596,45,521.93 C 596,45,521.95 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 30/4/2013
Q8
A 235,11,696.38 B 235,11,696.41 C 235,11,696.42 D None of These

What was the Average Cash balance held during the period 5/4/2013 to 15/5/2013
Q9
A 19,76,312.54 B 19,76,312.56 C 19,76,312.58 D None of These

What is the Total Net Sale of Stationery Items during the period 7/4/2013 to 24/5/2013
Q10
A 1,36,000.00 B 1,32,000.00 C 1,35,000.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q11 A/c as on 9/5/2013
A 81,74,525.11 B 81,74,525.12 C 81,74,525.14 D None of These
What is the total amount of cash withdrawn from banks during the period 4/4/2013 to
Q12 19/5/2013
A 55,80,000.00 B 55,90,000.00 C 55,60,000.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q13 TRANSACTIONS
A 6.00 B 5.00 C 2.00 D None of These
What is the total payment received from Traford Super Market during the period
Q14 7/4/2013 to 30/5/2013
A 3,37,840.00 B 3,37,839.00 C 3,37,836.00 D None of These

What is the total expense incurred during the period 1/4/2013 to 18/5/2013
Q15
A 6,87,207.00 B 6,87,209.00 C 6,87,205.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q16 13/4/2013 to 28/5/2013
A 3,01,173.00 B 3,01,175.00 C 3,01,176.00 D None of These
What is the lowest Quantity of Refrigerator (Kelvinator) 1x1 purchased during the
Q17 period 10/4/2013 to 20/5/2013
A 39.00 B 43.00 C 41.00 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q18 April
A 0.00 B 43,602.00 C 76,973.00 D None of These
What is the total Cash Purchase (Net) of Food Items during the period 10/4/2013 to
Q19 31/5/2013
A 2,62,769.00 B 2,62,773.00 C 2,62,772.00 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q20 A/c as on 27/4/2013
A 6,43,776.00 B 6,43,779.00 C 6,43,778.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

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

Q21
A 1,449.00 B 1,452.00 C 1,453.00 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 1/4/2013
Q22 to 28/5/2013
A 5,63,411.16 B 5,63,411.12 C 5,63,411.14 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q23
A 235,11,696.41 B 235,11,696.38 C 235,11,696.42 D None of These

What was the balance in Bank of London A/c (Churchil Way Branch) as on 27/4/2013
Q24
A 444,20,211.38 B 444,20,211.39 C 444,20,211.41 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q25
A 27,15,545.00 B 27,15,541.00 C 27,15,543.00 D None of These

what is the minimum cash balance held during the period 3/4/2013 to 29/5/2013
Q26
A 4,99,942.00 B 4,99,944.00 C 4,99,946.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q27 6/4/2013 to 20/5/2013
A 56,91,125.00 B 56,91,127.00 C 56,91,128.00 D None of These
What is the total payment received from Debtors during the period 9/4/2013 to
Q28 21/5/2013
A 40,61,780.00 B 40,61,778.00 C 40,61,781.00 D None of These

What is the total expense incurred as upto 28/5/2013

Q29
A 6,94,703.00 B 6,94,706.00 C 6,94,707.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q30
A 6,00,000.00 B 8,00,000.00 C 4,00,000.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the total Expense Paid by cash during the period 9/4/2013 to 7/5/2013
Q31
A 2,95,672.00 B 2,95,671.00 C 2,95,668.00 D None of These
What is the Quantity of Gum (Fevicol) 1x10x12 returned to suppliers during the period
Q32 12/4/2013 to 24/5/2013
A 14.00 B 15.00 C 11.00 D None of These
What is the total amount of cash deposited in banks during the period 8/4/2013 to
Q33 9/5/2013
A 4,00,000.00 B 8,00,000.00 C 6,00,000.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q34 (Churchil Way Branch) in May
A 8,00,247.00 B 8,00,244.00 C 8,00,248.00 D None of These
What is the Total Net Sale of Nido Milk Powder 500gm 1x4x2x6 during the period
Q35 5/4/2013 to 16/5/2013
A 3,59,550.00 B 3,59,547.00 C 3,59,551.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period 7/4/2013
Q36 to 9/5/2013
A 65,646.00 B 65,647.00 C 65,643.00 D None of These

What is the total Gross sale of Stationery Items as on 25/5/2013

Q37
A 1,51,149.00 B 1,51,148.00 C 1,51,145.00 D None of These
What is the Minimum Amount of Stock of Nido Milk Powder 500gm 1x4x2x6 held in
Q38 the month of May
A 14,66,452.35 B 14,66,452.34 C 14,66,452.33 D None of These
What is the Quantity of Punching Machine (Kores) 1x4x12 returned by customers
Q39 during the period 7/4/2013 to 15/5/2013
A 4.00 B 8.00 C 6.00 D None of These
What is the total quantity (Net) of Refrigerator (Kelvinator) 1x1 Sold during the period
Q40 19/4/2013 to 22/5/2013
A 44.00 B 46.00 C 42.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total value of fixed assets purchased during the period 16/4/2013 to
Q41 31/5/2013
A 76,79,000.00 B 76,78,600.00 C 76,78,900.00 D None of These
What is the total amount of sales return of Stationery Items during the period 12/4/2013
Q42 to 19/5/2013
A 264.00 B 263.00 C 262.00 D None of These
What is the Average Amount of Stock of Television (Onida) 21" 1x1 held during the
Q43 period 23/4/2013 to 8/5/2013
A 109,40,013.56 B 109,40,013.60 C 109,40,013.58 D None of These
what was the highest amount of cash balance held during the period 18/4/2013 to
Q44 20/5/2013
A 63,21,719.50 B 63,21,719.52 C 63,21,719.49 D None of These

What was the Average Bank balance held during the period 16/4/2013 to 12/5/2013
Q45
A 1226,68,368.63 B 1226,68,368.61 C 1226,68,368.59 D None of These

What is the total amount receivable from Debtors as on 29/4/2013

Q46
A 13,05,609.00 B 13,05,611.00 C 13,05,612.00 D None of These

What is the total collection from customers through Bank accounts as on 29/5/2013
Q47
A 39,14,141.00 B 39,14,140.00 C 39,14,142.00 D None of These

What is the total expense of Travelling Exp as on 14/5/2013

Q48
A 86,600.00 B 86,400.00 C 86,800.00 D None of These
What is the highest Quantity of Gum (Fevicol) 1x10x12 sold during the period 9/4/2013
Q49 to 17/5/2013
A 299.00 B 295.00 C 298.00 D None of These
What is the highest Rate at which Television (Philips)32" 1x1 sold during the period
Q50 6/4/2013 to 16/5/2013
A 29,901.00 B 29,897.00 C 29,900.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the total Sale (Less Returns) as on 11/5/2013

Q51
A 53,43,253.00 B 53,43,256.00 C 53,43,255.00 D None of These
What is the Average Quantity of Stock of Gum (Fevicol) 1x10x12 held during the
Q52 period 6/4/2013 to 14/5/2013
A 13,139.00 B 13,138.00 C 13,140.00 D None of These
What is the lowest Quantity of Gum (Fevicol) 1x10x12 sold during the period 8/4/2013
Q53 to 20/5/2013
A 50.00 B 47.00 C 51.00 D None of These
What is the Amount (Gross) of Television (Philips)32" 1x1 purchased during the period
Q54 14/4/2013 to 28/5/2013
A 62,70,167.11 B 62,70,167.10 C 62,70,167.09 D None of These

What was the Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 as on 20/4/2013
Q55
A 5,371.00 B 5,370.00 C 5,368.00 D None of These

What is balance receivable from Lamson Grocery Shopas on 24/4/2013

Q56
A 13,77,493.00 B 13,77,491.00 C 13,77,494.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 17/4/2013
Q57 to 23/5/2013
A 75,59,964.51 B 75,59,964.49 C 75,59,964.52 D None of These

What was the Cash Balance as on 26/4/2013

Q58
A 23,15,147.00 B 23,15,151.00 C 23,15,150.00 D None of These

What is the total value of Land as on 22/5/2013

Q59
A 120,00,000.00 B 160,00,000.00 C 150,00,000.00 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 9/4/2013 to
Q60 15/5/2013
A 34,86,620.00 B 34,86,621.00 C 34,86,617.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the Average Daily Expense of the company during the period 12/4/2013 to
Q61 12/5/2013
A 21,395.65 B 21,395.63 C 21,395.64 D None of These

What is the total Net Cash Sale (Less Returns) as on 30/5/2013

Q62
A 21,85,068.00 B 21,85,069.00 C 21,85,065.00 D None of These

How much Cash is paid to Suppliers during the Period 4/4/2013 to 5/5/2013
Q63
A 3,71,000.00 B 3,67,000.00 C 3,69,000.00 D None of These
How much Cash is received (Gross) from Customers during the period 11/4/2013 to
Q64 17/5/2013
A 6,89,000.00 B 6,90,000.00 C 6,86,000.00 D None of These

What is the total payment made to Creditors during the period 13/4/2013 to 22/5/2013
Q65
A 585,17,166.31 B 585,17,166.30 C 585,17,166.33 D None of These

What is the total amount payable to Creditors other than suppliers as upto 30/4/2013
Q66
A 223,50,000.00 B 223,90,000.00 C 223,80,000.00 D None of These
What is the amount paid to suppliers through Bank of London A/c (Lombard Street
Q67 Branch) during the period 16/4/2013 to 30/5/2013
A 150,83,631.03 B 150,83,631.02 C 150,83,631.04 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q68 during the period 10/4/2013 to 31/5/2013
A 18,90,047.00 B 18,90,048.00 C 18,90,044.00 D None of These

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

Q69
A 642,31,678.83 B 642,31,678.84 C 642,31,678.81 D None of These
What was the Rate of Stock balance of Punching Machine (Kores) 1x4x12 as on
Q70 13/5/2013
A 23.37 B 23.35 C 23.34 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the Minimum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q71 business
A 4,905.00 B 4,903.00 C 4,901.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 23/5/2013

Q72
A 42,16,627.50 B 42,16,627.52 C 42,16,627.49 D None of These
What is the collection from customers through Bank Accounts during the period
Q73 4/4/2013 to 13/5/2013
A 25,95,987.00 B 25,95,983.00 C 25,95,986.00 D None of These

What is the Profit or Loss as on 20/4/2013

Q74
A 1,34,077.20 B 1,34,077.22 C 1,34,077.24 D None of These
What is the total amount of Purchase return of Food Items during the period 13/4/2013
Q75 to 29/5/2013
A 4,169.08 B 4,169.06 C 4,169.10 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period
Q76 13/4/2013 to 1/5/2013
A 4,91,884.07 B 4,91,884.05 C 4,91,884.06 D None of These

What is the Debt-Equity Ratio as on 13/4/2013

Q77
A 0.54 B 0.50 C 0.52 D None of These

What is the total Gross Purchase of Electronic Items as on 27/4/2013

Q78
A 603,98,708.30 B 603,98,708.26 C 603,98,708.28 D None of These

What was the Stock value of Stapler Pin (Camel) 1x8x6 as on 29/4/2013
Q79
A 84,665.11 B 84,665.09 C 84,665.08 D None of These
What is the lowest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 purchased
Q80 during the period 20/4/2013 to 24/5/2013
A 81.61 B 81.62 C 81.63 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total amount of cash withdrawn from City Bank (Lombard Street Branch)
Q81 A/cin the month ofMay
A 80,000.00 B 60,000.00 C 90,000.00 D None of These

What is the Profit or Loss as on 28/4/2013

Q82
A 1,66,196.88 B 1,66,196.85 C 1,66,196.86 D None of These

What is the Currrent Ratio as on 20/4/2013

Q83
A 2.75 B 2.77 C 2.73 D None of These

What is the total amount payable to Suppliers as on 20/5/2013

Q84
A 271,50,414.58 B 271,50,414.56 C 271,50,414.54 D None of These
What is the highest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q85 4/4/2013 to 29/5/2013
A 2.97 B 2.95 C 2.94 D None of These

What is the total Cheques collected from Pinchin Johnson & Playfter Ltd in May
Q86
A 2,69,332.00 B 2,69,334.00 C 2,69,335.00 D None of These
What is the Maximum Amount of Stock of Gum (Fevicol) 1x10x12 held in the month of
Q87 May
A 45,465.27 B 45,465.29 C 45,465.31 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 7/4/2013 to
Q88 5/5/2013
A 4,51,520.00 B 4,51,490.00 C 4,51,510.00 D None of These

What is the total amount payable to Creditors as on 20/5/2013

Q89
A 425,60,414.54 B 425,60,414.58 C 425,60,414.56 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q90
A 87,787.00 B 87,783.00 C 87,785.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the highest Quantity of Television (Philips)32" 1x1 purchased during the
Q91 period 16/4/2013 to 23/5/2013
A 102.00 B 99.00 C 101.00 D None of These
What is the Gross COST OF SALE of Stapler Pin (Camel) 1x8x6sold during the period
Q92 8/4/2013 to 16/5/2013
A 13,094.71 B 13,094.69 C 13,094.70 D None of These

What is the total amount of cheque paid to Sanford Electrics Ltd in May
Q93
A 20,53,792.20 B 20,53,792.19 C 20,53,792.22 D None of These
What is the total amount of cash deposited in Bank of London A/c (Lombard Street
Q94 Branch) in the month of April
A 504,00,000.00 B 505,00,000.00 C 506,00,000.00 D None of These

What is balance payable to Lincroft Electronics Ltd as on 20/4/2013

Q95
A 463,05,209.85 B 463,05,209.87 C 463,05,209.83 D None of These

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

Q96
A -6,65,299.66 B -6,65,299.64 C -6,65,299.62 D None of These

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

Q97
A 37,43,880.00 B 37,43,879.00 C 37,43,876.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q98 14/4/2013 to 4/5/2013
A 194,27,696.42 B 194,27,696.39 C 194,27,696.40 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Churchil Way
Q99 Branch) in April
A 81,85,403.61 B 81,85,403.59 C 81,85,403.62 D None of These

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

Q100
A 22,488.00 B 22,490.00 C 22,491.00 D None of These