International Institute of Certified Accountants

www.ii-ca.com

What is the total Salary expense in the month of May

Q1
A 4,88,000.00 B 4,87,000.00 C 4,85,000.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 8/4/2013
Q2 to 9/5/2013
A 26,98,049.00 B 26,98,052.00 C 26,98,053.00 D None of These
How much Cash is received (Gross) from Customers during the period 7/4/2013 to
Q3 8/5/2013
A 6,80,000.00 B 6,79,000.00 C 6,77,000.00 D None of These

What is the Total Net Sale of Food Items during the period 5/4/2013 to 25/5/2013
Q4
A 11,87,160.00 B 11,87,170.00 C 11,87,130.00 D None of These

What was the Cash Balance as on 19/4/2013

Q5
A 22,37,407.00 B 22,37,404.00 C 22,37,406.00 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Lombard
Q6 Street Branch) as on 9/5/2013
A 151,51,767.67 B 151,51,767.66 C 151,51,767.70 D None of These

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

Q7
A 42,201.99 B 42,202.00 C 42,202.01 D None of These
What is the collection from customers through Bank Accounts during the period
Q8 11/4/2013 to 16/5/2013
A 29,25,538.00 B 29,25,537.00 C 29,25,534.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q9
A 6,00,000.00 B 8,00,000.00 C 4,00,000.00 D None of These

What is balance receivable from Pinchin Johnson & Playfter Ltdas on 20/4/2013
Q10
A 2,79,615.00 B 2,79,619.00 C 2,79,618.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the value of Total Stock as on 14/5/2013

Q11
A 618,98,109.62 B 618,98,109.65 C 618,98,109.63 D None of These
What is the total amount of cash withdrawn from banks during the period 1/4/2013 to
Q12 29/5/2013
A 55,70,000.00 B 55,50,000.00 C 55,80,000.00 D None of These
What is the Maximum Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 held in
Q13 the month of May
A 5,563.00 B 5,565.00 C 5,567.00 D None of These

What is the total Sale (Less Returns) as on 14/5/2013

Q14
A 61,09,052.00 B 61,09,048.00 C 61,09,051.00 D None of These

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

Q15
A 36,47,992.33 B 36,47,992.31 C 36,47,992.34 D None of These

What is the total expense incurred during the period 17/4/2013 to 14/5/2013
Q16
A 6,38,650.00 B 6,38,648.00 C 6,38,651.00 D None of These
What is the Average Daily Expense of the company during the period 16/4/2013 to
Q17 6/5/2013
A 27,593.78 B 27,593.76 C 27,593.74 D None of These
What is the Gross COST OF SALE of Stapler Pin (Camel) 1x8x6sold during the period
Q18 12/4/2013 to 30/5/2013
A 18,496.13 B 18,496.10 C 18,496.11 D None of These

What is the total amount payable to Creditors as on 15/5/2013

Q19
A 525,44,663.47 B 525,44,663.46 C 525,44,663.49 D None of These
What is the highest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 purchased
Q20 during the period 20/4/2013 to 31/5/2013
A 88.17 B 88.19 C 88.15 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the total payment made to Creditors during the period 8/4/2013 to 28/5/2013
Q21
A 746,27,029.66 B 746,27,029.68 C 746,27,029.70 D None of These

What is the total Net Cash Sale (Less Returns) as on 21/4/2013

Q22
A 5,42,412.00 B 5,42,416.00 C 5,42,415.00 D None of These
What is the highest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 purchased
Q23 during the period 17/4/2013 to 29/5/2013
A 320.00 B 360.00 C 350.00 D None of These

What is balance payable to Penmark Stationery Mall as on 24/5/2013

Q24
A 57,845.69 B 57,845.70 C 57,845.71 D None of These
What is the lowest Rate at which Stapler Pin (Camel) 1x8x6 purchased during the
Q25 period 20/4/2013 to 21/5/2013
A 5.30 B 5.27 C 5.28 D None of These

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

Q26
A 641,51,419.56 B 641,51,419.54 C 641,51,419.52 D None of These
What is the lowest Rate at which Punching Machine (Kores) 1x4x12 sold during the
Q27 period 11/4/2013 to 22/5/2013
A 30.00 B 70.00 C 60.00 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q28 18/4/2013 to 24/5/2013
A 164.05 B 164.09 C 164.07 D None of These

What is the Currrent Ratio as on 29/5/2013

Q29
A 4.63 B 4.67 C 4.64 D None of These
What is the total net sales (Less Returns) of Food Items during the period 19/4/2013 to
Q30 17/5/2013
A 3,56,246.00 B 3,56,247.00 C 3,56,243.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

How much Cash is paid to Suppliers during the Period 19/4/2013 to 10/5/2013
Q31
A 2,71,000.00 B 2,67,000.00 C 2,70,000.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q32 12/4/2013 to 13/5/2013
A 15,53,664.00 B 15,53,665.00 C 15,53,661.00 D None of These
What is the total payment received from Hamilton Rose Hyper Market during the period
Q33 2/4/2013 to 23/5/2013
A 62,773.00 B 12,281.00 C 0.00 D None of These

What was the Stock value of Nido Milk Powder 500gm 1x4x2x6 as on 21/5/2013
Q34
A 15,69,811.26 B 15,69,811.23 C 15,69,811.24 D None of These

What is the total expense of Printing & Stationery as on 20/5/2013

Q35
A 47,436.00 B 47,437.00 C 47,433.00 D None of These
What is the total net Purchases (Less Returns) of Electronic Items during the period
Q36 8/4/2013 to 27/5/2013
A 140,18,613.34 B 140,18,613.32 C 140,18,613.33 D None of These

What was the balance in City Bank (Lombard Street Branch) A/c as on 9/5/2013
Q37
A 386,00,027.88 B 386,00,027.87 C 386,00,027.86 D None of These

What is the total Cheques collected from Hamilton Rose Hyper Market in May
Q38
A 6,97,385.00 B 6,97,389.00 C 6,97,388.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period 4/4/2013
Q39 to 19/5/2013
A 3,00,916.00 B 3,00,920.00 C 3,00,918.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q40 TRANSACTIONS
A 4.00 B 6.00 C 2.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the lowest Quantity of Lipton Brue Coffee 250gm 1x2x8 purchased during the
Q41 period 4/4/2013 to 29/5/2013
A 48.00 B 51.00 C 52.00 D None of These

What is the total Expense Paid by cash during the period 2/4/2013 to 31/5/2013
Q42
A 5,46,500.00 B 5,46,200.00 C 5,46,600.00 D None of These
What is the Quantity of Lipton Brue Coffee 250gm 1x2x8 returned by customers during
Q43 the period 5/4/2013 to 14/5/2013
A 6.00 B 7.00 C 3.00 D None of These
What is the total payment received from Debtors during the period 18/4/2013 to
Q44 23/5/2013
A 35,96,120.00 B 35,96,130.00 C 35,96,150.00 D None of These

what is the minimum cash balance held during the period 20/4/2013 to 19/5/2013
Q45
A 18,33,607.00 B 18,33,604.00 C 18,33,606.00 D None of These
What is the Average Amount of Stock of Television (Philips)32" 1x1 held during the
Q46 period 5/4/2013 to 11/5/2013
A 371,44,764.49 B 371,44,764.53 C 371,44,764.50 D None of These

What was the Average Cash balance held during the period 19/4/2013 to 7/5/2013
Q47
A 20,97,994.97 B 20,97,994.94 C 20,97,994.93 D None of These

What was the Average Bank balance held during the period 25/4/2013 to 30/5/2013
Q48
A 1028,50,388.25 B 1028,50,388.23 C 1028,50,388.26 D None of These
what was the highest amount of cash balance held during the period 3/4/2013 to
Q49 8/5/2013
A 24,37,607.00 B 24,37,608.00 C 24,37,604.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q50
A 235,11,696.40 B 235,11,696.38 C 235,11,696.39 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total Credit Purchase (Net) of Food Items during the period 4/4/2013 to
Q51 22/5/2013
A 7,79,590.73 B 7,79,590.72 C 7,79,590.74 D None of These

What was the Total Bank balance as on 20/5/2013

Q52
A 889,85,109.10 B 889,85,109.09 C 889,85,109.06 D None of These
What is the Maximum Amount of Stock of Punching Machine (Kores) 1x4x12 held in
Q53 the month of April
A 3,27,761.45 B 3,27,761.46 C 3,27,761.43 D None of These

What is the total amount receivable from Debtors as on 12/5/2013

Q54
A 19,72,113.00 B 19,72,115.00 C 19,72,116.00 D None of These

What is the total Gross sale of Stationery Items as on 2/5/2013

Q55
A 79,168.00 B 79,169.00 C 79,167.00 D None of These
What is the lowest Quantity of Lipton Brue Coffee 250gm 1x2x8 sold during the period
Q56 5/4/2013 to 19/5/2013
A 116.00 B 120.00 C 119.00 D None of These
What is the Average Quantity of Stock of Gum (Fevicol) 1x10x12 held during the
Q57 period 4/4/2013 to 30/5/2013
A 13,837.00 B 13,836.00 C 13,833.00 D None of These
What is the total Cash Purchase (Net) of Food Items during the period 1/4/2013 to
Q58 30/5/2013
A 2,62,770.00 B 2,62,773.00 C 2,62,772.00 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q59 May
A 60,000.00 B 30,000.00 C 50,000.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q60 (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 value of fixed assets purchased during the period 8/4/2013 to
Q61 26/5/2013
A 77,13,900.00 B 77,14,000.00 C 77,13,600.00 D None of These
What is the Minimum Amount of Stock of Nido Milk Powder 500gm 1x4x2x6 in
Q62 business
A 14,46,915.49 B 14,46,915.53 C 14,46,915.50 D None of These
What is the total Credit sale (Net) of Food Items during the period 10/4/2013 to
Q63 29/5/2013
A 7,38,536.00 B 7,38,534.00 C 7,38,537.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 8/5/2013

Q64
A 653,98,150.76 B 653,98,150.80 C 653,98,150.78 D None of These

What is the Profit or Loss as on 22/4/2013

Q65
A 1,33,957.22 B 1,33,957.21 C 1,33,957.24 D None of These
What is the amount paid to suppliers through City Bank (Lombard Street Branch) A/c
Q66 during the period 6/4/2013 to 14/5/2013
A 81,74,525.10 B 81,74,525.14 C 81,74,525.12 D None of These
What is the total quantity (Net) of Stapler Pin (Camel) 1x8x6 Sold during the period
Q67 18/4/2013 to 27/5/2013
A 2,313.00 B 2,316.00 C 2,317.00 D None of These
What is the total amount of cash withdrawn from Al Islami Bank A/cin the month
Q68 ofMay
A 91,281.00 B 8,986.00 C 0.00 D None of These
What is the total payment made to Yorkshare Food Products Ltd during the period
Q69 4/4/2013 to 27/5/2013
A 32,56,818.08 B 32,56,818.07 C 32,56,818.10 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 20/4/2013
Q70
A 154,94,292.79 B 154,94,292.82 C 154,94,292.80 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total quantity (Net) of Nido Milk Powder 500gm 1x4x2x6 Purchased during
Q71 the period 30/4/2013 to 29/5/2013
A 769.00 B 768.00 C 765.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 14/5/2013
Q72
A 214,30,491.00 B 214,30,487.00 C 214,30,490.00 D None of These
What is the total amount of sales return of Electronic Items during the period 15/4/2013
Q73 to 27/5/2013
A 6,13,546.00 B 6,13,547.00 C 6,13,544.00 D None of These

What is the total amount payable to Suppliers as on 20/4/2013

Q74
A 464,63,861.40 B 464,63,861.41 C 464,63,861.42 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q75
A 87,787.00 B 87,786.00 C 87,783.00 D None of These

What is balance payable to Leisure Travels A/cas on 13/5/2013

Q76
A 62,000.00 B 58,000.00 C 61,000.00 D None of These

What is the Debt Ratio as on 8/5/2013

Q77
A 0.47 B 0.44 C 0.45 D None of These
What was the Rate of Stock balance of Lipton Brue Coffee 250gm 1x2x8 as on
Q78 21/5/2013
A 204.12 B 204.10 C 204.08 D None of These

What is the total amount of cheque paid to Brixton Foods Ltd in May
Q79
A 1,89,050.38 B 1,89,050.40 C 1,89,050.42 D None of These
What is the highest Rate at which Refrigerator (Kelvinator) 1x1 sold during the period
Q80 10/4/2013 to 27/5/2013
A 6,984.00 B 6,986.00 C 6,988.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

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

Q81
A 3,05,908.00 B 3,05,907.00 C 3,05,905.00 D None of These

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

Q82
A 2,600.00 B 2,900.00 C 2,800.00 D None of These

What is the total Net Credit Sale (Less Returns) as on 28/4/2013

Q83
A 38,94,670.00 B 38,94,650.00 C 38,94,680.00 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q84
A 20,95,983.00 B 20,95,985.00 C 20,95,986.00 D None of These
What is the Total Net Sale of Happy Tomato Sauce 250gm 1x8x4x2 during the period
Q85 7/4/2013 to 13/5/2013
A 1,31,489.00 B 1,31,492.00 C 1,31,493.00 D None of These

What is the Profit or Loss as on 11/5/2013

Q86
A -3,88,890.60 B -3,88,890.61 C -3,88,890.62 D None of These
What is the Quantity of Gum (Fevicol) 1x10x12 returned to suppliers during the period
Q87 4/4/2013 to 25/5/2013
A 15.00 B 13.00 C 14.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q88 12/4/2013 to 21/5/2013
A 358,27,456.31 B 358,27,456.30 C 358,27,456.32 D None of These

What was the Quantity of Stock of Television (Philips)32" 1x1 as on 22/4/2013

Q89
A 1,339.00 B 1,336.00 C 1,338.00 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 12/4/2013 to
Q90 25/5/2013
A 19,43,964.00 B 19,43,962.00 C 19,43,966.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total amount of cash deposited in City Bank (Lombard Street Branch) A/c in
Q91 the month of May
A 5,00,000.00 B 2,00,000.00 C 4,00,000.00 D None of These

What is the Minimum Quantity of Stock of Refrigerator (Kelvinator) 1x1 in business

Q92
A 1,159.00 B 1,160.00 C 1,157.00 D None of These
What is the total collection from customers through Bank of London A/c (Churchil
Q93 Way Branch) as on 22/5/2013
A 12,69,860.00 B 12,69,862.00 C 12,69,861.00 D None of These

What is the total expense incurred as upto 21/5/2013

Q94
A 6,87,765.00 B 6,87,768.00 C 6,87,769.00 D None of These
What is the total amount of cash deposited in banks during the period 7/4/2013 to
Q95 27/5/2013
A 6,80,000.00 B 6,70,000.00 C 6,50,000.00 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 sold during the period
Q96 16/4/2013 to 31/5/2013
A 35.00 B 39.00 C 38.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Lombard Street
Q97 Branch) in April
A 111,51,767.68 B 111,51,767.70 C 111,51,767.66 D None of These
What is the Amount (Gross) of Stapler Pin (Camel) 1x8x6 purchased during the period
Q98 19/4/2013 to 18/5/2013
A 27,609.12 B 27,609.14 C 27,609.11 D None of These
What is the collection from customers through Bank of London A/c (Lombard Street
Q99 Branch) during the period 6/4/2013 to 12/5/2013
A 9,82,592.00 B 9,82,596.00 C 9,82,595.00 D None of These

What is the total collection from customers through Bank accounts as on 16/5/2013
Q100
A 29,25,538.00 B 29,25,534.00 C 29,25,537.00 D None of These