International Institute of Certified Accountants

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What is the total amount payable to Creditors as on 9/5/2013

Q1
A 565,70,002.25 B 565,70,002.29 C 565,70,002.27 D None of These

What is the total amount payable to Creditors other than suppliers as upto 28/5/2013
Q2
A 92,70,000.00 B 92,66,000.00 C 92,69,000.00 D None of These
What is the total payment received from Traford Super Market during the period
Q3 6/4/2013 to 16/5/2013
A 1,87,596.00 B 1,87,592.00 C 1,87,594.00 D None of These
What is the collection from customers through Bank of London A/c (Lombard Street
Q4 Branch) during the period 17/4/2013 to 22/5/2013
A 6,37,592.00 B 6,37,595.00 C 6,37,596.00 D None of These
What is the lowest Rate at which Gum (Fevicol) 1x10x12 sold during the period
Q5 17/4/2013 to 29/5/2013
A 8.00 B 6.00 C 5.00 D None of These
What is the total value of fixed assets purchased during the period 6/4/2013 to
Q6 28/5/2013
A 237,33,700.00 B 237,33,800.00 C 237,34,000.00 D None of These

What is balance payable to Sanford Electrics Ltd as on 28/4/2013

Q7
A 17,01,118.61 B 17,01,118.60 C 17,01,118.63 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 sold during the period
Q8 8/4/2013 to 26/5/2013
A 40.00 B 38.00 C 41.00 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q9
A 1,215.75 B 1,215.74 C 1,215.73 D None of These
What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q10 A/c in May
A 100,75,451.32 B 100,75,451.31 C 100,75,451.34 D None of These
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what is the minimum cash balance held during the period 11/4/2013 to 24/5/2013
Q11
A 10,93,020.00 B 10,93,040.00 C 10,93,060.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 31/5/2013

Q12
A 682,89,545.86 B 682,89,545.88 C 682,89,545.84 D None of These

What is the total amount of cash deposited in Al Islami Bank A/c in the month of May
Q13
A 53,329.00 B 0.00 C 54,795.00 D None of These

What is the Currrent Ratio as on 3/5/2013

Q14
A 2.62 B 2.63 C 2.61 D None of These

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

Q15
A -3,88,890.62 B -3,88,890.58 C -3,88,890.60 D None of These
What is the Minimum Amount of Stock of Punching Machine (Kores) 1x4x12 held in
Q16 the month of April
A 2,38,019.19 B 2,38,019.21 C 2,38,019.23 D None of These

What is the total expense incurred during the period 3/4/2013 to 14/5/2013
Q17
A 6,64,459.00 B 6,64,455.00 C 6,64,458.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 15/5/2013

Q18
A 42,16,627.48 B 42,16,627.52 C 42,16,627.50 D None of These

How much Cash is paid to Suppliers during the Period 9/4/2013 to 11/5/2013
Q19
A 3,69,000.00 B 3,67,000.00 C 3,70,000.00 D None of These

What is the Profit or Loss as on 10/5/2013

Q20
A -3,88,890.62 B -3,88,890.58 C -3,88,890.60 D None of These
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What was the Average Bank balance held during the period 25/4/2013 to 6/5/2013
Q21
A 1231,51,365.47 B 1231,51,365.49 C 1231,51,365.50 D None of These

What is the Debt-Equity Ratio as on 12/4/2013

Q22
A 0.55 B 0.57 C 0.53 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q23
A 20,95,987.00 B 20,95,986.00 C 20,95,985.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q24 9/4/2013 to 2/5/2013
A 22,95,985.00 B 22,95,983.00 C 22,95,987.00 D None of These
What is the Maximum Amount of Stock of Punching Machine (Kores) 1x4x12 in
Q25 business
A 4,24,358.69 B 4,24,358.68 C 4,24,358.70 D None of These
What is the Quantity of Television (Philips)32" 1x1 returned by customers during the
Q26 period 12/4/2013 to 17/5/2013
A 12.00 B 14.00 C 15.00 D None of These

What is the total Credit sale (Net) of Food Items during the period 4/4/2013 to 3/5/2013
Q27
A 3,93,706.00 B 3,93,709.00 C 3,93,710.00 D None of These

What is the total Cheques collected from Brinxton Hyper Mall in April
Q28
A 3,43,780.00 B 3,43,779.00 C 3,43,776.00 D None of These
What is the total amount of Purchase return of Stationery Items during the period
Q29 18/4/2013 to 31/5/2013
A 263.34 B 263.32 C 263.30 D None of These

What is the total collection from customers through Bank accounts as on 12/5/2013
Q30
A 25,95,987.00 B 25,95,986.00 C 25,95,983.00 D None of These
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What is the total Purchase (Less Returns) as on 23/4/2013

Q31
A 642,31,678.82 B 642,31,678.84 C 642,31,678.81 D None of These

What was the Average Cash balance held during the period 19/4/2013 to 23/5/2013
Q32
A 25,52,304.41 B 25,52,304.38 C 25,52,304.39 D None of These
What is the total amount of cash withdrawn from Al Islami Bank A/cin the month
Q33 ofApril
A 64,432.00 B 0.00 C 56,571.00 D None of These

What is the total amount of cheque paid to Sanford Electrics Ltd in April
Q34
A 23,238.00 B 0.00 C 12,291.00 D None of These
What is the highest Rate at which Lipton Brue Coffee 250gm 1x2x8 sold during the
Q35 period 15/4/2013 to 24/5/2013
A 232.00 B 231.00 C 229.00 D None of These

What is the Profit or Loss as on 20/4/2013

Q36
A 1,34,077.21 B 1,34,077.24 C 1,34,077.22 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q37 18/4/2013 to 15/5/2013
A 51,52,623.00 B 51,52,621.00 C 51,52,625.00 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 sold during the period
Q38 3/4/2013 to 15/5/2013
A 13.00 B 11.00 C 9.00 D None of These

What is the total amount receivable from Debtors as on 22/5/2013

Q39
A 14,64,420.00 B 14,64,416.00 C 14,64,419.00 D None of These
What is the Average Daily Expense of the company during the period 4/4/2013 to
Q40 7/5/2013
A 17,810.03 B 17,810.02 C 17,810.05 D None of These
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What is the Total Net Sale of Television (Onida) 21" 1x1 during the period 15/4/2013 to
Q41 16/5/2013
A 5,59,655.00 B 5,59,658.00 C 5,59,659.00 D None of These

What was the balance in Bank of London A/c (Lombard Street Branch) as on 7/5/2013
Q42
A 402,10,824.32 B 402,10,824.34 C 402,10,824.30 D None of These

What is the total Sale (Less Returns) as on 12/5/2013

Q43
A 61,09,048.00 B 61,09,052.00 C 61,09,051.00 D None of These

What is the total Expense Paid by cash during the period 16/4/2013 to 17/5/2013
Q44
A 2,95,838.00 B 2,95,834.00 C 2,95,837.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q45 6/4/2013 to 14/5/2013
A 357,00,746.82 B 357,00,746.78 C 357,00,746.80 D None of These

What is the total gross amount of Cash received from Adiison Lee Fancy Shop in April
Q46
A 79,000.00 B 78,000.00 C 77,000.00 D None of These
What is the highest Rate at which Television (Onida) 21" 1x1 purchased during the
Q47 period 3/4/2013 to 30/5/2013
A 8,419.10 B 8,419.12 C 8,419.08 D None of These

What is the Total Net Sale of Stationery Items during the period 12/4/2013 to 29/5/2013
Q48
A 1,31,920.00 B 1,31,919.00 C 1,31,916.00 D None of These

What was the Stock value of Television (Philips)32" 1x1 as on 7/5/2013

Q49
A 377,91,306.15 B 377,91,306.17 C 377,91,306.19 D None of These
What is the Amount (Gross) of Television (Onida) 21" 1x1 purchased during the period
Q50 18/4/2013 to 15/5/2013
A 20,07,791.95 B 20,07,791.92 C 20,07,791.93 D None of These
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What is the lowest Quantity of Nido Milk Powder 500gm 1x4x2x6 purchased during
Q51 the period 4/4/2013 to 19/5/2013
A 48.00 B 50.00 C 51.00 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q52 A/c as on 20/5/2013
A 8,23,330.00 B 8,23,329.00 C 8,23,331.00 D None of These
What is the total net Purchases (Less Returns) of Electronic Items during the period
Q53 19/4/2013 to 10/5/2013
A 46,50,566.97 B 46,50,567.01 C 46,50,566.99 D None of These

What is the total amount payable to Suppliers as on 3/5/2013

Q54
A 377,90,726.23 B 377,90,726.24 C 377,90,726.26 D None of These

What is balance receivable from Pinchin Johnson & Playfter Ltdas on 24/5/2013
Q55
A 1,08,528.00 B 1,08,527.00 C 1,08,529.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q56
A 235,11,696.40 B 235,11,696.39 C 235,11,696.38 D None of These

What is the total Net Credit Sale (Less Returns) as on 3/5/2013

Q57
A 37,43,878.00 B 37,43,876.00 C 37,43,879.00 D None of These

What is the total expense incurred as upto 10/5/2013

Q58
A 6,83,472.00 B 6,83,476.00 C 6,83,475.00 D None of These
What is the Maximum Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 held in
Q59 the month of May
A 5,566.00 B 5,567.00 C 5,563.00 D None of These
What is the total payment made to Sanford Electrics Ltd during the period 7/4/2013 to
Q60 21/5/2013
A 0.00 B 65,249.00 C 57,688.00 D None of These
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What is the Minimum Quantity of Stock of Punching Machine (Kores) 1x4x12 in
Q61 business
A 9,792.00 B 9,793.00 C 9,795.00 D None of These
What is the lowest Rate at which Television (Onida) 21" 1x1 purchased during the
Q62 period 20/4/2013 to 24/5/2013
A 8,200.00 B 8,400.00 C 8,500.00 D None of These
What is the total amount of cash withdrawn from banks during the period 20/4/2013 to
Q63 9/5/2013
A 1,80,000.00 B 1,90,000.00 C 1,50,000.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 13/5/2013

Q64
A 8,64,954.00 B 8,64,952.00 C 8,64,955.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 14/4/2013
Q65 to 21/5/2013
A 81,59,964.48 B 81,59,964.50 C 81,59,964.52 D None of These

What was the Cash Balance as on 4/5/2013

Q66
A 19,92,976.00 B 19,92,975.00 C 19,92,974.00 D None of These
What is the total amount of sales return of Electronic Items during the period 20/4/2013
Q67 to 21/5/2013
A 4,77,727.00 B 4,77,726.00 C 4,77,725.00 D None of These

What is the total Electricity expense in the month of May

Q68
A 4,891.00 B 4,887.00 C 4,890.00 D None of These
What is the total quantity (Net) of Nido Milk Powder 500gm 1x4x2x6 Sold during the
Q69 period 26/4/2013 to 17/5/2013
A 216.00 B 212.00 C 214.00 D None of These
what was the highest amount of cash balance held during the period 20/4/2013 to
Q70 30/5/2013
A 63,21,719.49 B 63,21,719.50 C 63,21,719.48 D None of These
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What is the total payment received from Debtors during the period 12/4/2013 to
Q71 28/5/2013
A 44,65,139.00 B 44,65,143.00 C 44,65,142.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period
Q72 15/4/2013 to 21/5/2013
A 91,043.00 B 91,042.00 C 91,040.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 3/5/2013
Q73
A 275,11,696.39 B 275,11,696.41 C 275,11,696.38 D None of These

What was the Total Bank balance as on 19/4/2013

Q74
A 1284,61,707.19 B 1284,61,707.21 C 1284,61,707.18 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 purchased during
Q75 the period 2/4/2013 to 31/5/2013
A 10,360.00 B 10,340.00 C 10,330.00 D None of These

What is the value of Total Stock as on 12/4/2013

Q76
A 575,19,249.88 B 575,19,249.86 C 575,19,249.84 D None of These
What is the Average Quantity of Stock of Refrigerator (Kelvinator) 1x1 held during the
Q77 period 6/4/2013 to 16/5/2013
A 1,287.00 B 1,286.00 C 1,289.00 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q78 Branch) during the period 16/4/2013 to 29/5/2013
A 122,06,454.00 B 122,06,458.00 C 122,06,457.00 D None of These

What was the Quantity of Stock of Gum (Fevicol) 1x10x12 as on 8/5/2013

Q79
A 14,800.00 B 14,700.00 C 14,500.00 D None of These
What is the total amount of cash deposited in banks during the period 13/4/2013 to
Q80 26/5/2013
A 6,80,000.00 B 6,90,000.00 C 6,70,000.00 D None of These
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What is the Average Amount of Stock of Refrigerator (Kelvinator) 1x1 held during the
Q81 period 22/4/2013 to 9/5/2013
A 83,71,384.00 B 83,71,383.96 C 83,71,383.98 D None of These

What is the total Cash sale (Net) of Food Items during the period 5/4/2013 to 16/5/2013
Q82
A 2,15,693.00 B 2,15,697.00 C 2,15,695.00 D None of These
How much Cash is received (Gross) from Customers during the period 5/4/2013 to
Q83 10/5/2013
A 6,79,000.00 B 6,78,000.00 C 6,76,000.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q84 10/4/2013 to 11/5/2013
A 2,96,270.00 B 2,96,271.00 C 2,96,268.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q85
A 7,00,000.00 B 4,00,000.00 C 6,00,000.00 D None of These

What is the total expense of Mobile Expense as on 8/5/2013

Q86
A 3,656.00 B 3,660.00 C 3,659.00 D None of These

What is the total payment made to Creditors during the period 12/4/2013 to 16/5/2013
Q87
A 461,76,047.50 B 461,76,047.51 C 461,76,047.53 D None of These
What is the total Credit Purchase (Net) of Food Items during the period 4/4/2013 to
Q88 19/5/2013
A 7,81,150.81 B 7,81,150.79 C 7,81,150.80 D None of These
What is the Gross COST OF SALE of Punching Machine (Kores) 1x4x12sold during
Q89 the period 3/4/2013 to 30/5/2013
A 85,355.48 B 85,355.49 C 85,355.51 D None of These

What was the Rate of Stock balance of Television (Philips)32" 1x1 as on 20/4/2013
Q90
A 28,076.57 B 28,076.61 C 28,076.59 D None of These
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What is the total amount collected from customers through Bank of London A/c
Q91 (Churchil Way Branch) in May
A 8,00,248.00 B 8,00,247.00 C 8,00,244.00 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Lombard
Q92 Street Branch) as on 17/5/2013
A 151,51,767.67 B 151,51,767.70 C 151,51,767.68 D None of These

What is the total Gross sale of Food Items as on 13/5/2013

Q93
A 8,40,207.00 B 8,40,205.00 C 8,40,209.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q94 TRANSACTIONS
A 4.00 B 6.00 C 2.00 D None of These

What is the total value of Machinery as on 26/5/2013

Q95
A 76,00,000.00 B 77,00,000.00 C 73,00,000.00 D None of These
What is the total Cash Purchase (Net) of Stationery Items during the period 7/4/2013 to
Q96 6/5/2013
A 1,01,550.00 B 1,01,520.00 C 1,01,540.00 D None of These

What is balance payable to Pentas Computer World A/cas on 15/5/2013

Q97
A 0.00 B 18,232.00 C 51,625.00 D None of These

What is the total Gross Purchase of Food Items as on 19/5/2013

Q98
A 41,34,938.90 B 41,34,938.86 C 41,34,938.88 D None of These
What is the total quantity (Net) of Television (Onida) 21" 1x1 Purchased during the
Q99 period 22/4/2013 to 27/5/2013
A 210.00 B 206.00 C 208.00 D None of These
What is the Quantity of Television (Philips)32" 1x1 returned to suppliers during the
Q100 period 10/4/2013 to 29/5/2013
A 30.00 B 50.00 C 40.00 D None of These