快速查题-ACCA英国注册会计师试题

Which ONE of the following statements does NOT describe a way in which an effective accounting system facilitates

the provision of useful accounting information?

What is the total of the purchases day book?

Smith Co has the following transactions:1 Purchase of goods on credit from T Rader: $4502 Return of goods purchased on credit last month to T Rouble: $700

What are the correct ledger entries to ?

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?

A company’s motor vehicles at cost account at 30 June 20X6 is as follows

                               MOTOR VEHICLES - COST

                                                                                   $                                   $

Balance b/d                                                             150,500

Disposal                                                                   85,000

Addition                                                                   120,950

Balance c/d                                                              186,450                          271,450

                                                                                                                         271,450

What opening balance should be included in the following period’s trial balance for motor vehicles - cost at 1 July 20X6?