International Institute of Certified Accountants

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What is the Amount (Gross) of Punching Machine (Kores) 1x4x12 purchased during
Q1 the period 16/4/2013 to 24/5/2013
A 2,05,192.30 B 2,05,192.32 C 2,05,192.31 D None of These

What is the total Gross Purchase of Stationery Items as on 22/5/2013

Q2
A 6,15,773.75 B 6,15,773.74 C 6,15,773.76 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q3
A 27,15,543.00 B 27,15,542.00 C 27,15,545.00 D None of These
What is the total payment received from Debtors during the period 18/4/2013 to
Q4 19/5/2013
A 32,26,782.00 B 32,26,781.00 C 32,26,778.00 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q5
A 1,215.77 B 1,215.73 C 1,215.74 D None of These

What is the total amount of cash deposited in Al Islami Bank A/c in the month of April
Q6
A 67,752.00 B 0.00 C 72,441.00 D None of These
What is the total value of fixed assets purchased during the period 11/4/2013 to
Q7 20/5/2013
A 77,07,600.00 B 77,08,000.00 C 77,07,900.00 D None of These
What is the total amount of cash withdrawn from banks during the period 14/4/2013 to
Q8 9/5/2013
A 7,90,000.00 B 7,80,000.00 C 7,50,000.00 D None of These
What is the total quantity (Net) of Punching Machine (Kores) 1x4x12 Sold during the
Q9 period 23/4/2013 to 22/5/2013
A 1,685.00 B 1,683.00 C 1,686.00 D None of These

How much Cash is paid to Suppliers during the Period 11/4/2013 to 24/5/2013
Q10
A 4,77,000.00 B 4,80,000.00 C 4,81,000.00 D None of These
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What is the total Sale (Less Returns) as on 27/5/2013

Q11
A 89,25,986.00 B 89,25,983.00 C 89,25,987.00 D None of These
what was the highest amount of cash balance held during the period 1/4/2013 to
Q12 6/5/2013
A 1700,00,000.00 B 1500,00,000.00 C 1900,00,000.00 D None of These
What is the Minimum Amount of Stock of Television (Onida) 21" 1x1 held in the month
Q13 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 expense of Printing & Stationery as on 3/5/2013

Q14
A 47,125.00 B 47,128.00 C 47,129.00 D None of These

What is the total amount payable to Suppliers as on 31/5/2013

Q15
A 178,11,433.96 B 178,11,433.97 C 178,11,433.99 D None of These
How much Cash is received (Gross) from Customers during the period 9/4/2013 to
Q16 23/5/2013
A 8,90,000.00 B 8,86,000.00 C 8,89,000.00 D None of These
What is the Maximum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q17 in the month of April
A 5,612.00 B 5,613.00 C 5,615.00 D None of These

What is balance payable to Penmark Stationery Mall as on 4/5/2013

Q18
A 19,857.65 B 19,857.61 C 19,857.63 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q19 3/4/2013 to 29/5/2013
A 58,91,545.00 B 58,91,544.00 C 58,91,541.00 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 8/4/2013 to
Q20 9/5/2013
A 15,092.00 B 0.00 C 92,938.00 D None of These
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What is the total amount of Purchase return of Electronic Items during the period
Q21 4/4/2013 to 19/5/2013
A 5,87,955.43 B 5,87,955.41 C 5,87,955.45 D None of These

What is balance payable to Vibgyor Multi Color Printers A/cas on 29/5/2013

Q22
A 6,000.00 B 10,000.00 C 9,000.00 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 purchased during
Q23 the period 3/4/2013 to 24/5/2013
A 10,320.00 B 10,340.00 C 10,360.00 D None of These

What is the total amount of cheque paid to Sanford Electrics Ltd in May
Q24
A 20,53,792.21 B 20,53,792.19 C 20,53,792.18 D None of These
What is the total amount of sales return of Stationery Items during the period 11/4/2013
Q25 to 17/5/2013
A 264.00 B 265.00 C 261.00 D None of These

What is the Profit or Loss as on 29/5/2013

Q26
A -1,49,060.62 B -1,49,060.66 C -1,49,060.64 D None of These

What is the total Net Cash Sale (Less Returns) as on 27/5/2013

Q27
A 22,18,320.00 B 22,18,321.00 C 22,18,318.00 D None of These

What was the Average Cash balance held during the period 18/4/2013 to 25/5/2013
Q28
A 26,07,687.37 B 26,07,687.39 C 26,07,687.41 D None of These

What is the total Purchase (Less Returns) as on 26/5/2013

Q29
A 725,06,173.36 B 725,06,173.35 C 725,06,173.38 D None of These
What was the Rate of Stock balance of Lipton Brue Coffee 250gm 1x2x8 as on
Q30 26/5/2013
A 204.12 B 204.11 C 204.08 D None of These
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What is the total quantity (Net) of Television (Philips)32" 1x1 Purchased during the
Q31 period 27/4/2013 to 16/5/2013
A 155.00 B 154.00 C 151.00 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 3/4/2013 to
Q32 2/5/2013
A 4,85,588.00 B 4,85,586.00 C 4,85,590.00 D None of These
What is the Quantity of Stapler Pin (Camel) 1x8x6 returned by customers during the
Q33 period 13/4/2013 to 13/5/2013
A 8.00 B 5.00 C 7.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q34
A 4,00,000.00 B 7,00,000.00 C 8,00,000.00 D None of These

What is the total payment made to Creditors during the period 18/4/2013 to 27/5/2013
Q35
A 582,75,029.68 B 582,75,029.67 C 582,75,029.70 D None of These

What is the total Net Credit Purchase (Less Returns) as on 12/5/2013

Q36
A 670,62,790.49 B 670,62,790.45 C 670,62,790.46 D None of These
What is the total amount of cash withdrawn from Al Islami Bank A/cin the month
Q37 ofMay
A 13,053.00 B 16,094.00 C 5,386.00 D None of These

What is the total value of Furniture as on 7/5/2013

Q38
A 2,800.00 B 3,000.00 C 2,700.00 D None of These

What is the total Cheques collected from Lamson Grocery Shop in April
Q39
A 10,00,000.00 B 30,00,000.00 C 40,00,000.00 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Lombard
Q40 Street Branch) as on 28/4/2013
A 111,51,767.67 B 111,51,767.68 C 111,51,767.66 D None of These
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What is the total amount payable to Creditors other than suppliers as upto 25/5/2013
Q41
A 92,69,000.00 B 92,67,000.00 C 92,70,000.00 D None of These

What is the Total Net Sale of Food Items during the period 13/4/2013 to 19/5/2013
Q42
A 7,97,300.00 B 7,97,270.00 C 7,97,310.00 D None of These

What is the total Net Credit Sale (Less Returns) as on 23/5/2013

Q43
A 57,95,526.00 B 57,95,530.00 C 57,95,529.00 D None of These
What is the highest Quantity of Television (Philips)32" 1x1 sold during the period
Q44 2/4/2013 to 17/5/2013
A 44.00 B 45.00 C 42.00 D None of These
What is the highest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q45 16/4/2013 to 25/5/2013
A 2.86 B 2.85 C 2.84 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q46 9/4/2013 to 31/5/2013
A 459,81,111.86 B 459,81,111.88 C 459,81,111.87 D None of These

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

Q47
A 42,16,627.52 B 42,16,627.50 C 42,16,627.48 D None of These
What is the lowest Rate at which Refrigerator (Kelvinator) 1x1 purchased during the
Q48 period 13/4/2013 to 27/5/2013
A 6,010.70 B 6,010.72 C 6,010.74 D None of These

What is the total expense incurred as upto 23/4/2013

Q49
A 81,286.00 B 81,288.00 C 81,289.00 D None of These
What is the lowest Rate at which Nido Milk Powder 500gm 1x4x2x6 sold during the
Q50 period 2/4/2013 to 20/5/2013
A 322.00 B 326.00 C 325.00 D None of These
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What is balance receivable from Pinchin Johnson & Playfter Ltdas on 14/5/2013
Q51
A 2,45,616.00 B 2,45,618.00 C 2,45,620.00 D None of These
What was the Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 as on
Q52 22/4/2013
A 5,300.00 B 5,296.00 C 5,298.00 D None of These
What is the Total Net Sale of Stapler Pin (Camel) 1x8x6 during the period 19/4/2013 to
Q53 24/5/2013
A 12,589.00 B 12,590.00 C 12,588.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q54 (Lombard Street Branch) in May
A 5,18,788.00 B 5,18,785.00 C 5,18,789.00 D None of These

What is the total collection from customers through Bank accounts as on 25/5/2013
Q55
A 36,14,143.00 B 36,14,139.00 C 36,14,142.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Lombard Street
Q56 Branch) in May
A 80,15,863.38 B 80,15,863.34 C 80,15,863.36 D None of These

What is the total expense incurred during the period 16/4/2013 to 30/5/2013
Q57
A 6,49,810.00 B 6,49,790.00 C 6,49,830.00 D None of These
What is the Average Quantity of Stock of Stapler Pin (Camel) 1x8x6 held during the
Q58 period 16/4/2013 to 25/5/2013
A 15,225.00 B 15,228.00 C 15,226.00 D None of These

What was the Cash Balance as on 28/4/2013

Q59
A 23,15,043.00 B 23,15,041.00 C 23,15,044.00 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q60 May
A 30,000.00 B 40,000.00 C 50,000.00 D None of These
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What is the Minimum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q61 business
A 4,903.00 B 4,901.00 C 4,904.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 14/5/2013
Q62
A 357,00,746.82 B 357,00,746.80 C 357,00,746.78 D None of These
What is the lowest Quantity of Punching Machine (Kores) 1x4x12 purchased during the
Q63 period 13/4/2013 to 24/5/2013
A 867.00 B 864.00 C 866.00 D None of These

What is the total Gross sale of Stationery Items as on 21/5/2013

Q64
A 1,31,077.00 B 1,31,073.00 C 1,31,076.00 D None of These
What is the collection from customers through Bank of London A/c (Churchil Way
Q65 Branch) during the period 18/4/2013 to 8/5/2013
A 4,79,619.00 B 4,79,616.00 C 4,79,618.00 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period 5/4/2013
Q66 to 30/4/2013
A 4,37,996.41 B 4,37,996.40 C 4,37,996.43 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q67
A 264,69,415.46 B 264,69,415.48 C 264,69,415.50 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 2/4/2013
Q68 to 28/5/2013
A 89,70,063.73 B 89,70,063.75 C 89,70,063.74 D None of These

What was the Average Bank balance held during the period 6/4/2013 to 12/5/2013
Q69
A 1280,92,647.37 B 1280,92,647.39 C 1280,92,647.35 D None of These

What is the total Expense Paid by cash during the period 1/4/2013 to 13/5/2013
Q70
A 2,97,406.00 B 2,97,408.00 C 2,97,409.00 D None of These
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What is the total Telephone expense in the month of May

Q71
A 1,075.00 B 1,073.00 C 1,077.00 D None of These

What is the total amount receivable from Debtors as on 2/5/2013

Q72
A 10,71,893.00 B 10,71,897.00 C 10,71,896.00 D None of These
What is the total Credit sale (Net) of Stationery Items during the period 16/4/2013 to
Q73 2/5/2013
A 9,328.00 B 9,330.00 C 9,332.00 D None of These
What is the lowest Quantity of Lipton Brue Coffee 250gm 1x2x8 sold during the period
Q74 6/4/2013 to 21/5/2013
A 119.00 B 120.00 C 116.00 D None of These
What is the highest Rate at which Lipton Brue Coffee 250gm 1x2x8 sold during the
Q75 period 5/4/2013 to 26/5/2013
A 232.00 B 231.00 C 229.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q76 12/4/2013 to 21/5/2013
A 3,00,364.00 B 3,00,365.00 C 3,00,361.00 D None of These

What is the Quick Ratio as on 14/4/2013

Q77
A 1.81 B 1.80 C 1.82 D None of These
What is the collection from customers through Bank Accounts during the period
Q78 6/4/2013 to 26/5/2013
A 39,14,141.00 B 39,14,139.00 C 39,14,143.00 D None of These
What is the total payment received from Pinchin Johnson & Playfter Ltd during the
Q79 period 8/4/2013 to 25/5/2013
A 5,58,951.00 B 5,58,947.00 C 5,58,950.00 D None of These

what is the minimum cash balance held during the period 11/4/2013 to 5/5/2013
Q80
A 10,93,040.00 B 10,93,050.00 C 10,93,020.00 D None of These
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What is the total net sales (Less Returns) of Food Items during the period 9/4/2013 to
Q81 2/5/2013
A 3,88,051.00 B 3,88,047.00 C 3,88,050.00 D None of These

What is the Profit or Loss as on 5/4/2013

Q82
A -19,456.00 B -19,454.00 C -19,453.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q83 TRANSACTIONS
A 2.00 B 4.00 C 5.00 D None of These
What is the Average Daily Expense of the company during the period 14/4/2013 to
Q84 22/5/2013
A 16,644.15 B 16,644.13 C 16,644.17 D None of These
What is the Quantity of Lipton Brue Coffee 250gm 1x2x8 returned to suppliers during
Q85 the period 12/4/2013 to 19/5/2013
A 9.00 B 5.00 C 8.00 D None of These

What is the Debt Ratio as on 12/5/2013

Q86
A 0.41 B 0.45 C 0.43 D None of These

What was the balance in Bank of London A/c (Churchil Way Branch) as on 27/4/2013
Q87
A 444,20,211.42 B 444,20,211.38 C 444,20,211.40 D None of These
What is the Gross COST OF SALE of Gum (Fevicol) 1x10x12sold during the period
Q88 4/4/2013 to 20/5/2013
A 3,900.25 B 3,900.22 C 3,900.23 D None of These

What was the Total Bank balance as on 3/5/2013

Q89
A 1194,23,492.58 B 1194,23,492.61 C 1194,23,492.62 D None of These

What is the value of Total Stock as on 13/5/2013

Q90
A 618,98,171.13 B 618,98,171.16 C 618,98,171.14 D None of These
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What is the amount paid to suppliers through City Bank (Lombard Street Branch) A/c
Q91 during the period 12/4/2013 to 3/5/2013
A 81,74,525.14 B 81,74,525.10 C 81,74,525.13 D None of These

What is the total amount payable to Creditors as on 18/5/2013

Q92
A 465,61,186.01 B 465,61,185.99 C 465,61,185.98 D None of These
What is the total payment made to Brixton Foods Ltd during the period 6/4/2013 to
Q93 27/5/2013
A 3,63,575.50 B 3,63,575.51 C 3,63,575.54 D None of These
What is the Average Amount of Stock of Lipton Brue Coffee 250gm 1x2x8 held during
Q94 the period 1/4/2013 to 30/5/2013
A 10,91,677.42 B 10,91,677.44 C 10,91,677.40 D None of These

What is the Profit or Loss as on 27/4/2013

Q95
A 1,66,296.86 B 1,66,296.87 C 1,66,296.85 D None of These
What is the total amount of cash deposited in banks during the period 8/4/2013 to
Q96 16/5/2013
A 7,00,000.00 B 4,00,000.00 C 6,00,000.00 D None of These
What is the total Credit Purchase (Net) of Electronic Items during the period 9/4/2013
Q97 to 24/5/2013
A 103,68,932.47 B 103,68,932.50 C 103,68,932.51 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q98 A/c as on 4/5/2013
A 6,43,776.00 B 6,43,780.00 C 6,43,778.00 D None of These

What was the Stock value of Television (Onida) 21" 1x1 as on 12/4/2013
Q99
A 103,52,402.53 B 103,52,402.51 C 103,52,402.55 D None of These
What is the Maximum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q100 in the month of April
A 4,64,674.58 B 4,64,674.59 C 4,64,674.60 D None of These