International Institute of Certified Accountants

www.ii-ca.com

What is balance payable to Yorkshare Food Products Ltd as on 20/5/2013

Q1
A 1,88,228.65 B 1,88,228.66 C 1,88,228.64 D None of These
What is the highest Quantity of Gum (Fevicol) 1x10x12 sold during the period
Q2 19/4/2013 to 30/5/2013
A 874.00 B 876.00 C 877.00 D None of These

What is the total value of Computer as on 3/5/2013

Q3
A 24,000.00 B 25,000.00 C 26,000.00 D None of These
What is the Gross COST OF SALE of Television (Philips)32" 1x1sold during the period
Q4 14/4/2013 to 23/5/2013
A 28,65,900.13 B 28,65,900.15 C 28,65,900.16 D None of These
What is the total amount of Purchase return of Food Items during the period 17/4/2013
Q5 to 8/5/2013
A 2,608.99 B 2,609.01 C 2,609.00 D None of These

What is balance payable to Eicher Machineries Ltd A/cas on 8/5/2013

Q6
A 90,00,000.00 B 100,00,000.00 C 70,00,000.00 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q7
A 1,215.77 B 1,215.76 C 1,215.74 D None of These
what was the highest amount of cash balance held during the period 16/4/2013 to
Q8 21/5/2013
A 63,21,719.50 B 63,21,719.52 C 63,21,719.48 D None of These

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

Q9
A 673,01,513.98 B 673,01,514.01 C 673,01,513.97 D None of These
What is the total amount collected from customers through Bank of London A/c
Q10 (Lombard Street Branch) in April
A 7,82,596.00 B 7,82,592.00 C 7,82,595.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the total Cash payment made to Penmart Stationery Mall

Q11
A 50,000.00 B 20,000.00 C 60,000.00 D None of These

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

Q12
A 642,31,678.82 B 642,31,678.80 C 642,31,678.84 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 purchased during
Q13 the period 2/4/2013 to 27/5/2013
A 10,360.00 B 10,340.00 C 10,330.00 D None of These
What is the highest Rate at which Lipton Brue Coffee 250gm 1x2x8 purchased during
Q14 the period 16/4/2013 to 27/5/2013
A 207.55 B 207.56 C 207.57 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q15 A/c as on 20/5/2013
A 121,94,115.86 B 121,94,115.84 C 121,94,115.82 D None of These

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

Q16
A 41,26,852.00 B 41,26,853.00 C 41,26,849.00 D None of These

What was the Average Cash balance held during the period 18/4/2013 to 16/5/2013
Q17
A 22,98,525.47 B 22,98,525.46 C 22,98,525.49 D None of These

What is the total gross amount of Cash received from Lamson Grocery Shop in April
Q18
A 6,00,000.00 B 7,00,000.00 C 5,00,000.00 D None of These

What is the total Sale (Less Returns) as on 8/5/2013

Q19
A 54,63,261.00 B 54,63,260.00 C 54,63,258.00 D None of These
What is the total payment received from Debtors during the period 18/4/2013 to
Q20 23/5/2013
A 35,96,150.00 B 35,96,130.00 C 35,96,110.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total quantity (Net) of Gum (Fevicol) 1x10x12 Sold during the period
Q21 19/4/2013 to 21/5/2013
A 608.00 B 612.00 C 610.00 D None of These
What is the highest Rate at which Punching Machine (Kores) 1x4x12 sold during the
Q22 period 13/4/2013 to 15/5/2013
A 37.00 B 36.00 C 38.00 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 6/4/2013 to
Q23 13/5/2013
A 6,17,683.00 B 6,17,686.00 C 6,17,687.00 D None of These

What was the Stock value of Gum (Fevicol) 1x10x12 as on 29/5/2013

Q24
A 43,007.40 B 43,007.39 C 43,007.42 D None of These
What is the total amount of cash withdrawn from banks during the period 2/4/2013 to
Q25 31/5/2013
A 55,90,000.00 B 55,50,000.00 C 55,80,000.00 D None of These

What was the Total Bank balance as on 31/5/2013

Q26
A 743,06,670.14 B 743,06,670.12 C 743,06,670.10 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 9/4/2013
Q27 to 31/5/2013
A 2,24,486.49 B 2,24,486.50 C 2,24,486.52 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q28 14/4/2013 to 16/5/2013
A 17.00 B 18.00 C 14.00 D None of These

What is the total Expense Paid by cash during the period 10/4/2013 to 25/5/2013
Q29
A 3,01,239.00 B 3,01,236.00 C 3,01,240.00 D None of These
What is the total payment made to Brixton Foods Ltd during the period 5/4/2013 to
Q30 25/5/2013
A 3,63,575.50 B 3,63,575.51 C 3,63,575.52 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the Quantity of Nido Milk Powder 500gm 1x4x2x6 returned by customers
Q31 during the period 6/4/2013 to 27/5/2013
A 15.00 B 16.00 C 12.00 D None of These

What is the total expense of Petrol & Diesel as on 20/5/2013

Q32
A 1,740.00 B 1,760.00 C 1,770.00 D None of These

What is the Profit or Loss as on 8/5/2013

Q33
A -3,81,404.42 B -3,81,404.40 C -3,81,404.43 D None of These

What is the total payment made to Creditors during the period 13/4/2013 to 16/5/2013
Q34
A 461,76,047.52 B 461,76,047.50 C 461,76,047.51 D None of These
What is the collection from customers through Bank Accounts during the period
Q35 5/4/2013 to 5/5/2013
A 22,95,987.00 B 22,95,983.00 C 22,95,986.00 D None of These

What is balance receivable from Hamilton Rose Hyper Marketas on 24/5/2013

Q36
A 6,97,387.00 B 6,97,385.00 C 6,97,388.00 D None of These

what is the minimum cash balance held during the period 19/4/2013 to 29/5/2013
Q37
A 18,33,604.00 B 18,33,608.00 C 18,33,607.00 D None of These

What was the Cash Balance as on 16/4/2013

Q38
A 15,92,748.00 B 15,92,749.00 C 15,92,747.00 D None of These

What is the Total Net Sale of Stationery Items during the period 6/4/2013 to 10/5/2013
Q39
A 84,505.00 B 84,506.00 C 84,503.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q40 4/4/2013 to 27/5/2013
A 58,07,990.00 B 58,07,988.00 C 58,07,991.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

How much Cash is paid to Suppliers during the Period 3/4/2013 to 22/5/2013
Q41
A 4,81,000.00 B 4,79,000.00 C 4,77,000.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 20/4/2013
Q42 to 9/5/2013
A 9,05,641.00 B 9,05,640.00 C 9,05,637.00 D None of These
What is the total net sales (Less Returns) of Food Items during the period 11/4/2013 to
Q43 13/5/2013
A 6,24,736.00 B 6,24,733.00 C 6,24,737.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 28/4/2013
Q44
A 235,11,696.38 B 235,11,696.42 C 235,11,696.40 D None of These

What was the Quantity of Stock of Stapler Pin (Camel) 1x8x6 as on 24/4/2013
Q45
A 14,948.00 B 14,944.00 C 14,947.00 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q46 A/c as on 19/5/2013
A 8,23,329.00 B 8,23,330.00 C 8,23,327.00 D None of These

What is the total Gross Purchase of Stationery Items as on 25/4/2013

Q47
A 5,00,070.26 B 5,00,070.22 C 5,00,070.25 D None of These
What is the Amount (Gross) of Television (Onida) 21" 1x1 purchased during the period
Q48 16/4/2013 to 19/5/2013
A 20,07,791.95 B 20,07,791.92 C 20,07,791.93 D None of These

What is the Maximum Amount of Stock of Gum (Fevicol) 1x10x12 in business

Q49
A 45,465.27 B 45,465.31 C 45,465.29 D None of These

What is the total Salary expense in the month of April

Q50
A 4,85,000.00 B 4,89,000.00 C 4,88,000.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the total Net Cash Sale (Less Returns) as on 16/5/2013

Q51
A 8,44,861.00 B 8,44,857.00 C 8,44,860.00 D None of These

What was the Average Bank balance held during the period 16/4/2013 to 20/5/2013
Q52
A 1165,14,911.37 B 1165,14,911.34 C 1165,14,911.33 D None of These

What is the total amount payable to Creditors other than suppliers as upto 24/5/2013
Q53
A 92,69,000.00 B 92,66,000.00 C 92,70,000.00 D None of These
What is the amount paid to suppliers through Bank of London A/c (Lombard Street
Q54 Branch) during the period 4/4/2013 to 9/5/2013
A 151,51,767.67 B 151,51,767.68 C 151,51,767.70 D None of These
What is the total amount of cash deposited in City Bank (Lombard Street Branch) A/c in
Q55 the month of April
A 504,00,000.00 B 503,00,000.00 C 502,00,000.00 D None of These

What is the Profit or Loss as on 6/4/2013

Q56
A 42,202.03 B 42,202.01 C 42,201.99 D None of These
What is the total amount of sales return of Food Items during the period 14/4/2013 to
Q57 27/5/2013
A 6,675.00 B 6,673.00 C 6,677.00 D None of These
What is the total Cash Purchase (Net) of Stationery Items during the period 3/4/2013 to
Q58 24/4/2013
A 1,01,540.00 B 1,01,520.00 C 1,01,560.00 D None of These
What is the total value of fixed assets purchased during the period 11/4/2013 to
Q59 27/5/2013
A 77,34,000.00 B 77,33,900.00 C 77,33,600.00 D None of These
What is the lowest Quantity of Stapler Pin (Camel) 1x8x6 sold during the period
Q60 3/4/2013 to 25/5/2013
A 140.00 B 136.00 C 138.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total net Purchases (Less Returns) of Electronic Items during the period
Q61 4/4/2013 to 30/5/2013
A 140,18,613.36 B 140,18,613.34 C 140,18,613.32 D None of These

What is the total amount payable to Creditors as on 22/5/2013

Q62
A 393,20,481.72 B 393,20,481.74 C 393,20,481.75 D None of These
What is the Maximum Quantity of Stock of Television (Philips)32" 1x1 held in the
Q63 month of May
A 1,453.00 B 1,452.00 C 1,449.00 D None of These

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

Q64
A 26,279.12 B 26,279.08 C 26,279.10 D None of These

What is the total amount receivable from Debtors as on 10/5/2013

Q65
A 15,84,715.00 B 15,84,711.00 C 15,84,713.00 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 3/4/2013 to
Q66 8/5/2013
A 41,71,532.00 B 41,71,529.00 C 41,71,531.00 D None of These

What was the balance in Bank of London A/c (Lombard Street Branch) as on 21/5/2013
Q67
A 264,10,824.31 B 264,10,824.32 C 264,10,824.30 D None of These

What is the total Net Credit Sale (Less Returns) as on 16/5/2013

Q68
A 52,44,096.00 B 52,44,100.00 C 52,44,098.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q69 20/4/2013 to 18/5/2013
A 2,96,152.00 B 2,96,156.00 C 2,96,155.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q70
A 235,11,696.39 B 235,11,696.40 C 235,11,696.42 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the Quantity of Television (Philips)32" 1x1 returned to suppliers during the
Q71 period 7/4/2013 to 10/5/2013
A 18.00 B 17.00 C 15.00 D None of These
What is the Average Daily Expense of the company during the period 22/4/2013 to
Q72 19/5/2013
A 21,648.57 B 21,648.55 C 21,648.59 D None of These
What is the Minimum Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 held in
Q73 the month of May
A 4,827.00 B 4,828.00 C 4,825.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Lombard Street
Q74 Branch) in April
A 111,51,767.67 B 111,51,767.70 C 111,51,767.68 D None of These
What is the Average Quantity of Stock of Punching Machine (Kores) 1x4x12 held
Q75 during the period 19/4/2013 to 14/5/2013
A 13,859.00 B 13,862.00 C 13,863.00 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q76
A 27,15,542.00 B 27,15,543.00 C 27,15,545.00 D None of These
What is the lowest Rate at which Punching Machine (Kores) 1x4x12 sold during the
Q77 period 15/4/2013 to 31/5/2013
A 60.00 B 70.00 C 50.00 D None of These

What is the Profit or Loss as on 14/5/2013

Q78
A -3,42,269.86 B -3,42,269.85 C -3,42,269.87 D None of These
What is the total quantity (Net) of Television (Philips)32" 1x1 Purchased during the
Q79 period 12/4/2013 to 20/5/2013
A 208.00 B 204.00 C 206.00 D None of These

What was the Rate of Stock balance of Gum (Fevicol) 1x10x12 as on 28/4/2013
Q80
A 2.62 B 2.64 C 2.63 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the total amount payable to Suppliers as on 26/4/2013

Q81
A 439,45,833.89 B 439,45,833.86 C 439,45,833.87 D None of These

What is the total expense incurred during the period 10/4/2013 to 26/5/2013
Q82
A 6,74,294.00 B 6,74,297.00 C 6,74,296.00 D None of These
What is the Total Net Sale of Punching Machine (Kores) 1x4x12 during the period
Q83 18/4/2013 to 27/5/2013
A 84,020.00 B 84,018.00 C 84,021.00 D None of These

What is the total Cheques collected from Pinchin Johnson & Playfter Ltd in May
Q84
A 2,69,335.00 B 2,69,332.00 C 2,69,334.00 D None of These
What is the lowest Rate at which Refrigerator (Kelvinator) 1x1 purchased during the
Q85 period 4/4/2013 to 31/5/2013
A 6,010.72 B 6,010.71 C 6,010.70 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q86 1/4/2013 to 3/5/2013
A 275,11,696.38 B 275,11,696.40 C 275,11,696.39 D None of These
How much Cash is received (Gross) from Customers during the period 15/4/2013 to
Q87 12/5/2013
A 6,80,000.00 B 6,79,000.00 C 6,77,000.00 D None of These
What is the total amount of cash withdrawn from City Bank (Lombard Street Branch)
Q88 A/cin the month ofApril
A 3,00,000.00 B 6,00,000.00 C 7,00,000.00 D None of These

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

Q89
A 567,80,330.62 B 567,80,330.66 C 567,80,330.64 D None of These

What is the total amount of cheque paid to Lincroft Electronics Ltd in April
Q90
A 200,00,000.00 B 500,00,000.00 C 400,00,000.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the Quick Ratio as on 23/4/2013

Q91
A 1.91 B 1.92 C 1.90 D None of These

What is the Debt Ratio as on 13/5/2013

Q92
A 0.40 B 0.42 C 0.43 D None of These

What is the total collection from customers through Bank accounts as on 14/5/2013
Q93
A 25,95,983.00 B 25,95,986.00 C 25,95,987.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q94 TRANSACTIONS
A 6.00 B 3.00 C 4.00 D None of These
What is the total payment received from Lamson Grocery Shop during the period
Q95 9/4/2013 to 24/5/2013
A 26,80,000.00 B 26,50,000.00 C 26,90,000.00 D None of These
What is the Average Amount of Stock of Television (Onida) 21" 1x1 held during the
Q96 period 4/4/2013 to 22/5/2013
A 110,25,607.52 B 110,25,607.49 C 110,25,607.50 D None of These

What is the total Net Cash Purchase (Less Returns) as on 1/5/2013

Q97
A 3,07,000.00 B 3,06,960.00 C 3,06,990.00 D None of These
What is the collection from customers through Bank of London A/c (Churchil Way
Q98 Branch) during the period 4/4/2013 to 14/5/2013
A 8,69,615.00 B 8,69,617.00 C 8,69,619.00 D None of These

What is the total expense incurred as upto 11/5/2013

Q99
A 6,83,472.00 B 6,83,474.00 C 6,83,475.00 D None of These
What is the total amount of cash deposited in banks during the period 2/4/2013 to
Q100 7/5/2013
A 5,00,000.00 B 8,00,000.00 C 7,00,000.00 D None of These