快速查题-ACCA英国注册会计师试题

Mew Ling has the following transactions:1 Receipt of cash from R Singh in respect of an invoice for goods sold three weeks

ago2 Receipt of cash from S Kalu for cash sales

What are the ledger entries required to record the above transactions?

How is the total of the sales day book recorded in the nominal ledger?

Debit                    Credit

Are the following statements about debit entries true or false?

1 A debit entry in the cash book will increase an overdraft in the accounts.

2 A debit entry in the cash book will increase a bank balance in the accounts

An accountant has inserted all the relevant figures into the trade payables account, but has not yet balanced off the account.

TRADE PAYABLES ACCOUNT $ $Cash at bank 100,750 Balance b/d 250,225Purchases 325,010Assuming there are no

other entries to be made, other than to balance off the account, what is the closing balance on the trade payables account?

You are given the following information:

Receivables at 1 January 20X3                                            $10,000

Receivables at 31 December 20X3                                       $9,000

Total receipts during 20X3 (including cash sales of $5,000 ) $85,000

What are sales on credit during 20X3?

A business sells $100 worth of goods to a customer, the customer pays $50 in cash immediately and will pay the remaining

$50 in 30 days' time.What is the double entry to record the purchase in the customer’s accounting records?

 Which of the following statements in relation to legislation is correct? 

Which of the following types of legislation affects specific individuals or groups? 

Which rule of statutory interpretation states that words in a statute should be given their plain, ordinary meaning unless this would give rise to a manifest absurdity or inconsistency with the rest of the statute? 

 Which of the following is an intrinsic aid to statutory interpretation?