International Institute of Certified Accountants

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What is the Profit or Loss as on 29/4/2013

Q1
A 1,61,831.57 B 1,61,831.59 C 1,61,831.58 D None of These

What is the total Net Credit Sale (Less Returns) as on 4/5/2013

Q2
A 37,43,876.00 B 37,43,879.00 C 37,43,880.00 D None of These
What is the highest Quantity of Television (Philips)32" 1x1 purchased during the
Q3 period 12/4/2013 to 18/5/2013
A 101.00 B 99.00 C 103.00 D None of These

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

Q4
A 41,312.01 B 41,312.00 C 41,311.99 D None of These
What is the total payment received from Debtors during the period 13/4/2013 to
Q5 28/5/2013
A 44,65,142.00 B 44,65,139.00 C 44,65,143.00 D None of These
What is the lowest Quantity of Stapler Pin (Camel) 1x8x6 purchased during the period
Q6 12/4/2013 to 24/5/2013
A 531.00 B 530.00 C 528.00 D None of These
What is the total quantity (Net) of Happy Tomato Sauce 250gm 1x8x4x2 Sold during
Q7 the period 30/4/2013 to 17/5/2013
A 437.00 B 438.00 C 434.00 D None of These

What is the total Sale (Less Returns) as on 25/5/2013

Q8
A 90,44,511.00 B 90,44,515.00 C 90,44,513.00 D None of These

What is the total amount receivable from Debtors as on 17/5/2013

Q9
A 16,32,566.00 B 16,32,562.00 C 16,32,565.00 D None of These

What is the total value of Building as on 27/5/2013

Q10
A 190,00,000.00 B 160,00,000.00 C 200,00,000.00 D None of These
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What is the collection from customers through Bank of London A/c (Lombard Street
Q11 Branch) during the period 14/4/2013 to 31/5/2013
A 9,56,377.00 B 9,56,379.00 C 9,56,381.00 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 11/4/2013 to
Q12 22/5/2013
A 19,43,964.00 B 19,43,965.00 C 19,43,966.00 D None of These
What is the total payment received from Brinxton Hyper Mall during the period
Q13 5/4/2013 to 26/5/2013
A 4,94,040.00 B 4,94,020.00 C 4,94,060.00 D None of These

What is the total amount payable to Creditors as on 7/5/2013

Q14
A 670,87,328.46 B 670,87,328.43 C 670,87,328.44 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q15
A 264,69,415.46 B 264,69,415.47 C 264,69,415.48 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q16 10/4/2013 to 18/5/2013
A 357,20,337.51 B 357,20,337.54 C 357,20,337.50 D None of These
What is the Quantity of Gum (Fevicol) 1x10x12 returned by customers during the
Q17 period 5/4/2013 to 20/5/2013
A 11.00 B 10.00 C 12.00 D None of These

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

Q18
A 37,67,931.50 B 37,67,931.48 C 37,67,931.49 D None of These
What is the Minimum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q19 business
A 4,901.00 B 4,905.00 C 4,903.00 D None of These

What was the Quantity of Stock of Television (Onida) 21" 1x1 as on 21/5/2013
Q20
A 1,474.00 B 1,477.00 C 1,478.00 D None of These
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What was the Average Bank balance held during the period 10/4/2013 to 12/5/2013
Q21
A 1258,70,544.01 B 1258,70,544.02 C 1258,70,544.00 D None of These
What is the Maximum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q22 in the month of April
A 4,64,674.60 B 4,64,674.62 C 4,64,674.58 D None of These
What is the total amount of sales return of Electronic Items during the period 18/4/2013
Q23 to 22/5/2013
A 4,95,590.00 B 4,95,560.00 C 4,95,600.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 8/4/2013
Q24 to 28/5/2013
A 84,70,063.74 B 84,70,063.77 C 84,70,063.75 D None of These

What is the total gross amount of Cash received from Adiison Lee Fancy Shop in May
Q25
A 50,000.00 B 10,000.00 C 30,000.00 D None of These
What is the total value of fixed assets purchased during the period 14/4/2013 to
Q26 20/5/2013
A 76,52,800.00 B 76,52,900.00 C 76,52,600.00 D None of These

What is the Total Net Sale of Stationery Items during the period 5/4/2013 to 13/5/2013
Q27
A 99,460.00 B 99,470.00 C 99,480.00 D None of These
What is the total Cash Purchase (Net) of Food Items during the period 8/4/2013 to
Q28 24/5/2013
A 2,62,772.00 B 2,62,769.00 C 2,62,771.00 D None of These

What is the Gross Profit Ratio as on 19/5/2013

Q29
A 0.08 B 0.07 C 0.05 D None of These
What is the total amount of cash deposited in banks during the period 19/4/2013 to
Q30 30/5/2013
A 11,00,000.00 B 10,00,000.00 C 7,00,000.00 D None of These
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What is the total Gross sale of Electronic Items as on 22/4/2013

Q31
A 37,33,896.00 B 37,33,897.00 C 37,33,893.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period
Q32 10/4/2013 to 3/5/2013
A 60,116.00 B 60,120.00 C 60,119.00 D None of These
What is the lowest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q33 13/4/2013 to 17/5/2013
A 2.27 B 2.23 C 2.25 D None of These

What is the total Electricity expense in the month of April

Q34
A 4,022.00 B 4,025.00 C 4,024.00 D None of These

What is the total amount payable to Suppliers as on 13/5/2013

Q35
A 312,33,767.21 B 312,33,767.17 C 312,33,767.19 D None of These

What is balance payable to Vibgyor Multi Color Printers A/cas on 31/5/2013

Q36
A 7,000.00 B 10,000.00 C 8,000.00 D None of These
What was the Rate of Stock balance of Happy Tomato Sauce 250gm 1x8x4x2 as on
Q37 18/5/2013
A 83.25 B 83.24 C 83.27 D None of These

What is the total Purchase (Less Returns) as on 30/5/2013

Q38
A 725,06,074.09 B 725,06,074.13 C 725,06,074.10 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q39
A 20,95,987.00 B 20,95,983.00 C 20,95,985.00 D None of These

What is the total expense of Repairs & Maintenance as on 20/5/2013

Q40
A 1,070.00 B 1,110.00 C 1,100.00 D None of These
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What is the Amount (Gross) of Punching Machine (Kores) 1x4x12 purchased during
Q41 the period 14/4/2013 to 19/5/2013
A 1,62,403.20 B 1,62,403.18 C 1,62,403.22 D None of These

What was the Stock value of Stapler Pin (Camel) 1x8x6 as on 13/4/2013
Q42
A 67,043.71 B 67,043.72 C 67,043.70 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q43 TRANSACTIONS
A 5.00 B 6.00 C 2.00 D None of These

How much Cash is paid to Suppliers during the Period 9/4/2013 to 20/5/2013
Q44
A 4,79,000.00 B 4,77,000.00 C 4,81,000.00 D None of These

What is the total payment made to Creditors during the period 5/4/2013 to 17/5/2013
Q45
A 522,60,047.54 B 522,60,047.50 C 522,60,047.52 D None of These
What is the highest Rate at which Refrigerator (Kelvinator) 1x1 sold during the period
Q46 10/4/2013 to 16/5/2013
A 6,977.00 B 6,981.00 C 6,979.00 D None of These

What is balance payable to Brixton Foods Ltd as on 8/5/2013

Q47
A 59,090.63 B 59,090.61 C 59,090.65 D None of These

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

Q48
A 1,451.00 B 1,449.00 C 1,452.00 D None of These
What is the Gross COST OF SALE of Nido Milk Powder 500gm 1x4x2x6sold during
Q49 the period 15/4/2013 to 29/5/2013
A 4,01,448.27 B 4,01,448.26 C 4,01,448.28 D None of These

What is the value of Total Stock as on 17/4/2013

Q50
A 593,19,171.16 B 593,19,171.12 C 593,19,171.14 D None of These
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What is the Profit or Loss as on 17/5/2013

Q51
A -3,42,910.26 B -3,42,910.28 C -3,42,910.24 D None of These
What is the total amount of cash withdrawn from City Bank (Lombard Street Branch)
Q52 A/cin the month ofApril
A 7,00,000.00 B 6,00,000.00 C 3,00,000.00 D None of These
What is the Minimum Amount of Stock of Television (Onida) 21" 1x1 held in the month
Q53 of April
A 100,97,033.08 B 100,97,033.12 C 100,97,033.10 D None of These
What is the total amount of cash deposited in City Bank (Lombard Street Branch) A/c in
Q54 the month of April
A 503,00,000.00 B 501,00,000.00 C 504,00,000.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q55 13/4/2013 to 9/5/2013
A 2,95,818.00 B 2,95,816.00 C 2,95,819.00 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q56
A 87,786.00 B 87,787.00 C 87,783.00 D None of These
What is the Average Daily Expense of the company during the period 5/4/2013 to
Q57 7/5/2013
A 18,348.83 B 18,348.80 C 18,348.81 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q58 A/c as on 23/4/2013
A 7,00,000.00 B 3,00,000.00 C 6,00,000.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Lombard Street
Q59 Branch) in May
A 80,15,863.38 B 80,15,863.36 C 80,15,863.34 D None of These
what was the highest amount of cash balance held during the period 3/4/2013 to
Q60 17/5/2013
A 63,21,719.50 B 63,21,719.49 C 63,21,719.48 D None of These
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What is the total Credit Purchase (Net) of Electronic Items during the period 9/4/2013
Q61 to 15/5/2013
A 94,62,796.92 B 94,62,796.94 C 94,62,796.90 D None of These

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

Q62
A 6,86,561.00 B 6,86,562.00 C 6,86,559.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 5/5/2013
Q63
A 293,72,490.00 B 293,72,491.00 C 293,72,487.00 D None of These
What is the lowest Rate at which Television (Onida) 21" 1x1 sold during the period
Q64 19/4/2013 to 19/5/2013
A 8,747.00 B 8,750.00 C 8,749.00 D None of These
What is the total payment made to Yorkshare Food Products Ltd during the period
Q65 1/4/2013 to 24/5/2013
A 32,56,818.10 B 32,56,818.09 C 32,56,818.07 D None of These

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

Q66
A 3,06,990.00 B 3,06,980.00 C 3,06,960.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 19/5/2013

Q67
A 675,38,362.57 B 675,38,362.53 C 675,38,362.55 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q68 A/c as on 18/5/2013
A 121,94,115.84 B 121,94,115.83 C 121,94,115.82 D None of These
What is the collection from customers through Bank Accounts during the period
Q69 18/4/2013 to 28/5/2013
A 31,79,140.00 B 31,79,143.00 C 31,79,142.00 D None of These
What is the highest Quantity of Television (Philips)32" 1x1 sold during the period
Q70 5/4/2013 to 26/5/2013
A 47.00 B 46.00 C 48.00 D None of These
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What is the Average Amount of Stock of Gum (Fevicol) 1x10x12 held during the period
Q71 22/4/2013 to 10/5/2013
A 37,829.20 B 37,829.23 C 37,829.21 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 30/4/2013
Q72
A 235,11,696.39 B 235,11,696.42 C 235,11,696.40 D None of These

What is the total Cash payment made to Penmark Stationery Mall

Q73
A 77,000.00 B 81,000.00 C 80,000.00 D None of These
How much Cash is received (Gross) from Customers during the period 16/4/2013 to
Q74 18/5/2013
A 8,86,000.00 B 8,89,000.00 C 8,90,000.00 D None of These
What is the amount paid to suppliers through City Bank (Lombard Street Branch) A/c
Q75 during the period 20/4/2013 to 24/5/2013
A 80,21,659.10 B 80,21,659.13 C 80,21,659.14 D None of These
What is the highest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q76 16/4/2013 to 21/5/2013
A 2.88 B 2.86 C 2.85 D None of These

What is the total Cheques collected from Traford Super Market in April
Q77
A 1,87,596.00 B 1,87,595.00 C 1,87,592.00 D None of These

What was the Average Cash balance held during the period 20/4/2013 to 10/5/2013
Q78
A 21,01,199.38 B 21,01,199.40 C 21,01,199.36 D None of These
What is the Average Quantity of Stock of Punching Machine (Kores) 1x4x12 held
Q79 during the period 4/4/2013 to 27/5/2013
A 13,574.00 B 13,578.00 C 13,576.00 D None of These
What is the lowest Quantity of Television (Philips)32" 1x1 sold during the period
Q80 14/4/2013 to 18/5/2013
A 10.00 B 8.00 C 7.00 D None of These
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What is the total Gross Purchase of Stationery Items as on 19/5/2013

Q81
A 6,15,773.78 B 6,15,773.76 C 6,15,773.75 D None of These

What is the Currrent Ratio as on 3/5/2013

Q82
A 2.63 B 2.65 C 2.61 D None of These
What is the total amount collected from customers through Bank of London A/c
Q83 (Lombard Street Branch) in May
A 5,18,787.00 B 5,18,789.00 C 5,18,785.00 D None of These
What is the total amount of Purchase return of Electronic Items during the period
Q84 11/4/2013 to 7/5/2013
A 2,00,188.54 B 2,00,188.55 C 2,00,188.53 D None of These

What is the total collection from customers through Bank accounts as on 28/5/2013
Q85
A 39,14,141.00 B 39,14,143.00 C 39,14,139.00 D None of These
What is the total amount of cash withdrawn from banks during the period 2/4/2013 to
Q86 18/5/2013
A 55,80,000.00 B 55,50,000.00 C 55,90,000.00 D None of These

What is the total expense incurred during the period 2/4/2013 to 11/5/2013
Q87
A 6,64,253.00 B 6,64,252.00 C 6,64,251.00 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period 6/4/2013
Q88 to 2/5/2013
A 5,56,973.25 B 5,56,973.24 C 5,56,973.23 D None of These

What is balance receivable from Adiison Lee Fancy Shopas on 29/4/2013

Q89
A -1,412.00 B -1,408.00 C -1,410.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q90 7/4/2013 to 6/5/2013
A 14,54,867.00 B 14,54,866.00 C 14,54,864.00 D None of These
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What is the Total Net Sale of Refrigerator (Kelvinator) 1x1 during the period 16/4/2013
Q91 to 28/5/2013
A 6,05,846.00 B 6,05,843.00 C 6,05,847.00 D None of These

What was the Total Bank balance as on 8/4/2013

Q92
A 1470,00,000.00 B 1460,00,000.00 C 1480,00,000.00 D None of These

What is the total Expense Paid by cash during the period 2/4/2013 to 8/5/2013
Q93
A 2,97,069.00 B 2,97,066.00 C 2,97,068.00 D None of These

What is the total expense incurred as upto 1/5/2013

Q94
A 6,24,169.00 B 6,24,167.00 C 6,24,165.00 D None of These

What was the balance in City Bank (Lombard Street Branch) A/c as on 1/5/2013
Q95
A 422,50,027.88 B 422,50,027.90 C 422,50,027.86 D None of These

What is the total amount of cheque paid to Lincroft Electronics Ltd in April
Q96
A 600,00,000.00 B 200,00,000.00 C 500,00,000.00 D None of These
What is the total quantity (Net) of Gum (Fevicol) 1x10x12 Purchased during the period
Q97 23/4/2013 to 28/5/2013
A 5,157.00 B 5,155.00 C 5,156.00 D None of These

what is the minimum cash balance held during the period 19/4/2013 to 19/5/2013
Q98
A 18,33,608.00 B 18,33,606.00 C 18,33,605.00 D None of These

What is the total Credit sale (Net) of Food Items during the period 3/4/2013 to 9/5/2013
Q99
A 5,50,550.00 B 5,50,530.00 C 5,50,560.00 D None of These
What is the Quantity of Nido Milk Powder 500gm 1x4x2x6 returned to suppliers during
Q100 the period 6/4/2013 to 13/5/2013
A 8.00 B 5.00 C 9.00 D None of These