International Institute of Certified Accountants

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What is the total Electricity expense in the month of May

Q1
A 4,887.00 B 4,889.00 C 4,891.00 D None of These

What is the total gross amount of Cash received from Lamson Grocery Shop in May
Q2
A 8,00,000.00 B 5,00,000.00 C 9,00,000.00 D None of These

What is the total Cash payment made to Penmart Stationery Mall

Q3
A 40,000.00 B 60,000.00 C 20,000.00 D None of These

What is the Total Net Sale of Stationery Items during the period 1/4/2013 to 24/5/2013
Q4
A 1,50,869.00 B 1,50,873.00 C 1,50,872.00 D None of These
What is the total amount of Purchase return of Electronic Items during the period
Q5 16/4/2013 to 27/5/2013
A 5,98,294.78 B 5,98,294.74 C 5,98,294.76 D None of These

What is balance payable to Kores Stationery Shop A/cas on 28/5/2013

Q6
A 4,000.00 B 6,000.00 C 2,000.00 D None of These
What is the total quantity (Net) of Stapler Pin (Camel) 1x8x6 Sold during the period
Q7 22/4/2013 to 25/5/2013
A 1,533.00 B 1,536.00 C 1,537.00 D None of These

What is the value of Total Stock as on 21/4/2013

Q8
A 602,67,304.03 B 602,67,304.04 C 602,67,304.05 D None of These
What is the Quantity of Stapler Pin (Camel) 1x8x6 returned by customers during the
Q9 period 1/4/2013 to 14/5/2013
A 5.00 B 9.00 C 8.00 D None of These

What was the Stock value of Stapler Pin (Camel) 1x8x6 as on 19/5/2013
Q10
A 92,266.22 B 92,266.20 C 92,266.24 D None of These
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What is the total Cash Purchase (Net) of Electronic Items during the period 10/4/2013
Q11 to 18/5/2013
A 38,52,700.00 B 38,52,800.00 C 38,52,400.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 20/5/2013

Q12
A 42,16,627.52 B 42,16,627.50 C 42,16,627.48 D None of These

What is the total amount payable to Creditors other than suppliers as upto 25/4/2013
Q13
A 233,69,226.00 B 233,69,227.00 C 233,69,223.00 D None of These
What is the total amount of cash withdrawn from banks during the period 19/4/2013 to
Q14 20/5/2013
A 41,70,000.00 B 41,80,000.00 C 41,90,000.00 D None of These
What is the collection from customers through Bank of London A/c (Churchil Way
Q15 Branch) during the period 14/4/2013 to 5/5/2013
A 8,69,616.00 B 8,69,617.00 C 8,69,618.00 D None of These
What is the Minimum Quantity of Stock of Refrigerator (Kelvinator) 1x1 held in the
Q16 month of April
A 1,159.00 B 1,157.00 C 1,160.00 D None of These
What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q17 A/c in April
A 41,74,525.12 B 41,74,525.14 C 41,74,525.10 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q18 7/4/2013 to 26/5/2013
A 3,25,944.99 B 3,25,944.98 C 3,25,945.02 D None of These

What was the Total Bank balance as on 27/4/2013

Q19
A 1273,81,063.60 B 1273,81,063.58 C 1273,81,063.59 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q20
A 264,69,415.47 B 264,69,415.46 C 264,69,415.50 D None of These
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What is the Average Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 held
Q21 during the period 7/4/2013 to 10/5/2013
A 4,996.00 B 4,993.00 C 4,997.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 27/4/2013

Q22
A 7,20,997.00 B 7,20,994.00 C 7,20,998.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q23 6/4/2013 to 23/5/2013
A 439,27,319.67 B 439,27,319.66 C 439,27,319.68 D None of These
What is the total payment received from Hamilton Rose Hyper Market during the period
Q24 2/4/2013 to 25/5/2013
A 0.00 B 88,365.00 C 92,292.00 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 18/4/2013 to
Q25 1/5/2013
A 4,79,093.00 B 4,79,089.00 C 4,79,091.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q26 17/4/2013 to 10/5/2013
A 12,07,315.00 B 12,07,318.00 C 12,07,319.00 D None of These

What is the total amount payable to Suppliers as on 16/5/2013

Q27
A 311,04,176.48 B 311,04,176.45 C 311,04,176.49 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q28 A/c as on 27/4/2013
A 6,43,780.00 B 6,43,779.00 C 6,43,776.00 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q29
A 27,15,541.00 B 27,15,543.00 C 27,15,544.00 D None of These

What is the total Sale (Less Returns) as on 22/4/2013

Q30
A 41,24,381.00 B 41,24,380.00 C 41,24,379.00 D None of These
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What is the Profit or Loss as on 3/5/2013

Q31
A -3,82,011.30 B -3,82,011.34 C -3,82,011.32 D None of These
What is the highest Quantity of Television (Philips)32" 1x1 purchased during the
Q32 period 3/4/2013 to 18/5/2013
A 1,280.00 B 1,281.00 C 1,278.00 D None of These
What is the total amount of cash deposited in banks during the period 11/4/2013 to
Q33 21/5/2013
A 5,50,000.00 B 5,90,000.00 C 5,80,000.00 D None of These
What is the Minimum Amount of Stock of Nido Milk Powder 500gm 1x4x2x6 held in
Q34 the month of April
A 14,46,915.49 B 14,46,915.51 C 14,46,915.50 D None of These
What is the Average Amount of Stock of Punching Machine (Kores) 1x4x12 held
Q35 during the period 20/4/2013 to 23/5/2013
A 3,41,738.31 B 3,41,738.34 C 3,41,738.32 D None of These

What is the total collection from customers through Bank accounts as on 14/5/2013
Q36
A 25,95,983.00 B 25,95,986.00 C 25,95,985.00 D None of These

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

Q37
A 6,24,383.00 B 6,24,385.00 C 6,24,384.00 D None of These
What is the highest Quantity of Lipton Brue Coffee 250gm 1x2x8 sold during the period
Q38 4/4/2013 to 23/5/2013
A 471.00 B 475.00 C 474.00 D None of These
What is the total amount of cash withdrawn from Al Islami Bank A/cin the month
Q39 ofApril
A 41,663.00 B 12,874.00 C 98,062.00 D None of These
How much Cash is received (Gross) from Customers during the period 20/4/2013 to
Q40 23/5/2013
A 7,89,000.00 B 7,86,000.00 C 7,90,000.00 D None of These
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what was the highest amount of cash balance held during the period 12/4/2013 to
Q41 21/5/2013
A 63,21,719.50 B 63,21,719.49 C 63,21,719.48 D None of These

What was the Average Cash balance held during the period 19/4/2013 to 11/5/2013
Q42
A 21,10,698.72 B 21,10,698.70 C 21,10,698.68 D None of These

What is the Profit or Loss as on 17/5/2013

Q43
A -3,42,910.24 B -3,42,910.26 C -3,42,910.27 D None of These
What is the Average Daily Expense of the company during the period 8/4/2013 to
Q44 16/5/2013
A 17,024.48 B 17,024.51 C 17,024.47 D None of These

What is the total expense incurred during the period 1/4/2013 to 13/5/2013
Q45
A 6,83,690.00 B 6,83,689.00 C 6,83,686.00 D None of These
What is the lowest Rate at which Punching Machine (Kores) 1x4x12 purchased during
Q46 the period 16/4/2013 to 15/5/2013
A 21.52 B 21.48 C 21.50 D None of These
What is the total payment received from Debtors during the period 16/4/2013 to
Q47 23/5/2013
A 39,86,140.00 B 39,86,150.00 C 39,86,120.00 D None of These
What is the highest Rate at which Television (Onida) 21" 1x1 sold during the period
Q48 3/4/2013 to 21/5/2013
A 9,000.00 B 8,997.00 C 8,999.00 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q49 Branch) during the period 18/4/2013 to 1/5/2013
A 40,17,403.60 B 40,17,403.58 C 40,17,403.62 D None of These
What is the total amount of sales return of Food Items during the period 11/4/2013 to
Q50 22/5/2013
A 6,153.00 B 6,157.00 C 6,155.00 D None of These
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What is the total amount collected from customers through Bank of London A/c
Q51 (Churchil Way Branch) in April
A 6,69,618.00 B 6,69,619.00 C 6,69,615.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period 2/4/2013
Q52 to 16/5/2013
A 2,97,510.00 B 2,97,480.00 C 2,97,500.00 D None of These
What is the Quantity of Stapler Pin (Camel) 1x8x6 returned to suppliers during the
Q53 period 3/4/2013 to 24/5/2013
A 15.00 B 12.00 C 16.00 D None of These
What is the total net sales (Less Returns) of Stationery Items during the period 7/4/2013
Q54 to 30/4/2013
A 60,116.00 B 60,119.00 C 60,120.00 D None of These

What is the Debt Ratio as on 20/5/2013

Q55
A 0.38 B 0.35 C 0.36 D None of These

How much Cash is paid to Suppliers during the Period 15/4/2013 to 12/5/2013
Q56
A 3,71,000.00 B 3,67,000.00 C 3,69,000.00 D None of These

what is the minimum cash balance held during the period 12/4/2013 to 31/5/2013
Q57
A 10,93,020.00 B 10,93,040.00 C 10,93,050.00 D None of These
What is the Total Net Sale of Stapler Pin (Camel) 1x8x6 during the period 18/4/2013 to
Q58 14/5/2013
A 11,998.00 B 11,995.00 C 11,999.00 D None of These

What is the total Gross Purchase of Food Items as on 20/4/2013

Q59
A 35,27,960.50 B 35,27,960.48 C 35,27,960.46 D None of These

What was the Quantity of Stock of Punching Machine (Kores) 1x4x12 as on 29/5/2013
Q60
A 17,979.00 B 17,980.00 C 17,982.00 D None of These
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What is the lowest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q61 period 18/4/2013 to 22/5/2013
A 88.00 B 86.00 C 90.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q62 TRANSACTIONS
A 2.00 B 5.00 C 4.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 20/4/2013
Q63
A 154,94,292.82 B 154,94,292.80 C 154,94,292.79 D None of These

What is the total Net Credit Purchase (Less Returns) as on 14/5/2013

Q64
A 673,01,513.99 B 673,01,513.98 C 673,01,514.01 D None of These

What is the total Expense Paid by cash during the period 8/4/2013 to 13/5/2013
Q65
A 2,96,832.00 B 2,96,836.00 C 2,96,835.00 D None of These
What is the Maximum Quantity of Stock of Gum (Fevicol) 1x10x12 held in the month
Q66 of May
A 17,350.00 B 17,360.00 C 17,320.00 D None of These

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

Q67
A 52,44,099.00 B 52,44,096.00 C 52,44,098.00 D None of These

What is the total amount of cash deposited in Al Islami Bank A/c in the month of April
Q68
A 59,058.00 B 14,505.00 C 71,463.00 D None of These

What is the Profit or Loss as on 18/4/2013

Q69
A 1,72,073.08 B 1,72,073.05 C 1,72,073.06 D None of These
What is the total Cash sale (Net) of Electronic Items during the period 12/4/2013 to
Q70 4/5/2013
A 4,51,520.00 B 4,51,530.00 C 4,51,490.00 D None of These
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What is the total amount receivable from Debtors as on 24/5/2013

Q71
A 23,26,057.00 B 23,26,056.00 C 23,26,058.00 D None of These

What is the total value of Furniture as on 9/5/2013

Q72
A 2,600.00 B 3,000.00 C 2,900.00 D None of These
What is the lowest Rate at which Stapler Pin (Camel) 1x8x6 sold during the period
Q73 19/4/2013 to 15/5/2013
A 8.00 B 12.00 C 11.00 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q74 A/c as on 16/5/2013
A 81,94,115.86 B 81,94,115.83 C 81,94,115.85 D None of These

What was the Rate of Stock balance of Television (Onida) 21" 1x1 as on 28/4/2013
Q75
A 8,218.61 B 8,218.62 C 8,218.64 D None of These

What is the total Gross sale of Food Items as on 30/5/2013

Q76
A 11,93,287.00 B 11,93,284.00 C 11,93,285.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q77 13/4/2013 to 4/5/2013
A 19,50,985.00 B 19,50,987.00 C 19,50,983.00 D None of These

What is the total expense of Mobile Expense as on 29/5/2013

Q78
A 3,708.00 B 3,706.00 C 3,709.00 D None of These

What is the Maximum Amount of Stock of Refrigerator (Kelvinator) 1x1 in business

Q79
A 96,48,733.10 B 96,48,733.14 C 96,48,733.12 D None of These
What is the total payment made to Sanford Electrics Ltd during the period 8/4/2013 to
Q80 24/5/2013
A 98,583.00 B 30,408.00 C 42,131.00 D None of These
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What was the Cash Balance as on 16/4/2013

Q81
A 15,92,748.00 B 15,92,747.00 C 15,92,749.00 D None of These
What is the Gross COST OF SALE of Television (Philips)32" 1x1sold during the period
Q82 11/4/2013 to 20/5/2013
A 40,44,549.08 B 40,44,549.06 C 40,44,549.10 D None of These
What is the Amount (Gross) of Lipton Brue Coffee 250gm 1x2x8 purchased during the
Q83 period 15/4/2013 to 30/5/2013
A 3,57,800.31 B 3,57,800.30 C 3,57,800.32 D None of These

What was the Average Bank balance held during the period 5/4/2013 to 8/5/2013
Q84
A 1311,50,999.46 B 1311,50,999.48 C 1311,50,999.50 D None of These

What is balance payable to Penmark Stationery Mall as on 11/5/2013

Q85
A 43,972.85 B 43,972.83 C 43,972.82 D None of These
What is the total quantity (Net) of Happy Tomato Sauce 250gm 1x8x4x2 Purchased
Q86 during the period 28/4/2013 to 24/5/2013
A 954.00 B 955.00 C 952.00 D None of These
What is the total value of fixed assets purchased during the period 10/4/2013 to
Q87 24/5/2013
A 77,14,000.00 B 77,13,800.00 C 77,13,600.00 D None of These
What is the lowest Quantity of Stapler Pin (Camel) 1x8x6 purchased during the period
Q88 11/4/2013 to 20/5/2013
A 528.00 B 532.00 C 530.00 D None of These
What is the total Credit Purchase (Net) of Food Items during the period 1/4/2013 to
Q89 20/5/2013
A 38,66,941.44 B 38,66,941.45 C 38,66,941.46 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 7/4/2013
Q90 to 15/5/2013
A 68,76,503.48 B 68,76,503.50 C 68,76,503.49 D None of These
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What was the balance in Bank of London A/c (Lombard Street Branch) as on 25/4/2013
Q91
A 389,60,824.30 B 389,60,824.32 C 389,60,824.34 D None of These

What is the total payment made to Creditors during the period 5/4/2013 to 21/5/2013
Q92
A 646,01,166.34 B 646,01,166.32 C 646,01,166.31 D None of These

What is the total Purchase (Less Returns) as on 19/5/2013

Q93
A 717,54,990.04 B 717,54,990.03 C 717,54,990.07 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q94
A 1,215.77 B 1,215.73 C 1,215.75 D None of These

What is the total amount payable to Creditors as on 25/5/2013

Q95
A 331,51,226.20 B 331,51,226.18 C 331,51,226.16 D None of These

What is the total Cheques collected from Adiison Lee Fancy Shop in April
Q96
A 2,89,000.00 B 2,88,000.00 C 2,85,000.00 D None of These

What is the total amount of cheque paid to Yorkshare Food Products Ltd in April
Q97
A 30,67,767.66 B 30,67,767.68 C 30,67,767.70 D None of These

What is balance receivable from Traford Super Marketas on 20/5/2013

Q98
A 4,53,395.00 B 4,53,396.00 C 4,53,393.00 D None of These

What is the Quick Ratio as on 16/4/2013

Q99
A 1.81 B 1.79 C 1.83 D None of These
What is the highest Rate at which Television (Onida) 21" 1x1 purchased during the
Q100 period 4/4/2013 to 31/5/2013
A 8,419.10 B 8,419.08 C 8,419.12 D None of These