International Institute of Certified Accountants

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What is the total Purchase (Less Returns) as on 28/5/2013

Q1
A 725,06,074.13 B 725,06,074.11 C 725,06,074.09 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Lombard Street
Q2 Branch) in the month ofMay
A 70,00,000.00 B 40,00,000.00 C 80,00,000.00 D None of These
What is the amount paid to suppliers through City Bank (Lombard Street Branch) A/c
Q3 during the period 5/4/2013 to 3/5/2013
A 81,74,525.14 B 81,74,525.10 C 81,74,525.13 D None of These

What was the balance in Bank of London A/c (Churchil Way Branch) as on 21/5/2013
Q4
A 340,73,834.00 B 340,73,836.00 C 340,73,837.00 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 10/4/2013 to
Q5 13/5/2013
A 31,347.00 B 31,350.00 C 31,349.00 D None of These
What is the Minimum Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q6 in the month of April
A 4,20,717.60 B 4,20,717.62 C 4,20,717.58 D None of These

What is balance receivable from Adiison Lee Fancy Shopas on 7/5/2013

Q7
A 78,141.00 B 78,139.00 C 78,142.00 D None of These

What is the total amount payable to Suppliers as on 10/5/2013

Q8
A 351,39,515.25 B 351,39,515.26 C 351,39,515.29 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q9 6/4/2013 to 16/5/2013
A 55,37,114.00 B 55,37,115.00 C 55,37,113.00 D None of These

what is the minimum cash balance held during the period 1/4/2013 to 26/5/2013
Q10
A 4,99,946.00 B 4,99,942.00 C 4,99,944.00 D None of These
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What is the lowest Rate at which Punching Machine (Kores) 1x4x12 purchased during
Q11 the period 2/4/2013 to 24/5/2013
A 20.25 B 20.27 C 20.28 D None of These
What is the Total Net Sale of Television (Philips)32" 1x1 during the period 12/4/2013 to
Q12 31/5/2013
A 42,30,608.00 B 42,30,607.00 C 42,30,604.00 D None of These

How much Cash is paid to Suppliers during the Period 1/4/2013 to 23/5/2013
Q13
A 4,80,000.00 B 4,78,000.00 C 4,79,000.00 D None of These
What is the highest Quantity of Television (Philips)32" 1x1 sold during the period
Q14 19/4/2013 to 17/5/2013
A 27.00 B 24.00 C 28.00 D None of These

What was the Rate of Stock balance of Stapler Pin (Camel) 1x8x6 as on 6/5/2013
Q15
A 5.63 B 5.67 C 5.65 D None of These

What is the total Salary expense in the month of May

Q16
A 4,88,000.00 B 4,85,000.00 C 4,89,000.00 D None of These

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

Q17
A 76,00,000.00 B 77,00,000.00 C 74,00,000.00 D None of These

What is the Quick Ratio as on 8/4/2013

Q18
A 1.81 B 1.79 C 1.80 D None of These
What is the total quantity (Net) of Happy Tomato Sauce 250gm 1x8x4x2 Sold during
Q19 the period 27/4/2013 to 24/5/2013
A 1,128.00 B 1,124.00 C 1,127.00 D None of These
What is the total net sales (Less Returns) of Electronic Items during the period
Q20 16/4/2013 to 9/5/2013
A 18,01,039.00 B 18,01,042.00 C 18,01,041.00 D None of These
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What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q21 A/c as on 8/5/2013
A 81,74,525.12 B 81,74,525.10 C 81,74,525.14 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 19/5/2013
Q22
A 399,09,387.91 B 399,09,387.92 C 399,09,387.94 D None of These

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

Q23
A 6,83,472.00 B 6,83,476.00 C 6,83,475.00 D None of These

What is the total Cheques collected from Lamson Grocery Shop in May
Q24
A 13,50,000.00 B 13,90,000.00 C 13,80,000.00 D None of These
What is the total value of fixed assets purchased during the period 10/4/2013 to
Q25 22/5/2013
A 77,07,800.00 B 77,07,900.00 C 77,07,600.00 D None of These

What is the total collection from customers through Bank accounts as on 23/4/2013
Q26
A 10,37,000.00 B 10,35,000.00 C 10,39,000.00 D None of These

What was the Average Bank balance held during the period 6/4/2013 to 25/5/2013
Q27
A 1182,70,737.91 B 1182,70,737.93 C 1182,70,737.92 D None of These

What is the total amount receivable from Debtors as on 26/4/2013

Q28
A 17,21,773.00 B 17,21,774.00 C 17,21,775.00 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q29
A 264,69,415.48 B 264,69,415.46 C 264,69,415.47 D None of These

What is the total gross amount of Cash received from Lamson Grocery Shop in April
Q30
A 7,00,000.00 B 3,00,000.00 C 6,00,000.00 D None of These
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What is the Debt Ratio as on 7/4/2013

Q31
A 0.50 B 0.46 C 0.48 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q32 TRANSACTIONS
A 2.00 B 4.00 C 6.00 D None of These
What is the collection from customers through Bank of London A/c (Lombard Street
Q33 Branch) during the period 9/4/2013 to 30/5/2013
A 13,01,379.00 B 13,01,380.00 C 13,01,377.00 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q34
A 27,15,543.00 B 27,15,545.00 C 27,15,541.00 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 purchased during
Q35 the period 13/4/2013 to 15/5/2013
A 1,824.00 B 1,828.00 C 1,827.00 D None of These

What is the total Net Credit Sale (Less Returns) as on 18/5/2013

Q36
A 58,15,015.00 B 58,15,012.00 C 58,15,014.00 D None of These
What is the Maximum Amount of Stock of Lipton Brue Coffee 250gm 1x2x8 held in the
Q37 month of April
A 11,19,680.62 B 11,19,680.66 C 11,19,680.64 D None of These
What is the highest Rate at which Television (Onida) 21" 1x1 purchased during the
Q38 period 5/4/2013 to 29/5/2013
A 8,419.12 B 8,419.09 C 8,419.08 D None of These
What is the total amount of cash deposited in banks during the period 5/4/2013 to
Q39 24/5/2013
A 6,90,000.00 B 6,80,000.00 C 6,50,000.00 D None of These

What is the total Gross Purchase of Stationery Items as on 28/4/2013

Q40
A 5,00,070.23 B 5,00,070.26 C 5,00,070.24 D None of These
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What is the Maximum Quantity of Stock of Punching Machine (Kores) 1x4x12 held in
Q41 the month of May
A 18,456.00 B 18,455.00 C 18,452.00 D None of These

What is the total amount payable to Creditors as on 14/5/2013

Q42
A 526,64,254.19 B 526,64,254.17 C 526,64,254.21 D None of These
What is the total Credit sale (Net) of Electronic Items during the period 11/4/2013 to
Q43 25/5/2013
A 46,93,161.00 B 46,93,162.00 C 46,93,160.00 D None of These
What is the total amount collected from customers through City Bank (Lombard Street
Q44 Branch) A/c in May
A 12,46,271.00 B 12,46,268.00 C 12,46,272.00 D None of These
What is the total payment received from Lamson Grocery Shop during the period
Q45 8/4/2013 to 22/5/2013
A 26,80,000.00 B 26,50,000.00 C 26,90,000.00 D None of These

What is the Profit or Loss as on 19/4/2013

Q46
A 1,71,873.06 B 1,71,873.05 C 1,71,873.08 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Churchil Way
Q47 Branch) in April
A 81,85,403.62 B 81,85,403.60 C 81,85,403.58 D None of These
What is the highest Rate at which Gum (Fevicol) 1x10x12 sold during the period
Q48 9/4/2013 to 31/5/2013
A 8.00 B 5.00 C 9.00 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 2/4/2013 to
Q49 26/4/2013
A 54,935.00 B 0.00 C 26,207.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q50 19/4/2013 to 13/5/2013
A 234,48,746.79 B 234,48,746.82 C 234,48,746.80 D None of These
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What is balance payable to Sanford Electrics Ltd as on 25/4/2013

Q51
A 17,01,118.61 B 17,01,118.63 C 17,01,118.59 D None of These
What is the total amount of sales return of Food Items during the period 5/4/2013 to
Q52 17/5/2013
A 4,518.00 B 4,521.00 C 4,522.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 12/5/2013
Q53
A 214,30,491.00 B 214,30,489.00 C 214,30,487.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q54 9/4/2013 to 13/5/2013
A 25,95,986.00 B 25,95,987.00 C 25,95,985.00 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period 9/4/2013
Q55 to 6/5/2013
A 4,90,829.05 B 4,90,829.08 C 4,90,829.06 D None of These
What is the Average Quantity of Stock of Gum (Fevicol) 1x10x12 held during the
Q56 period 7/4/2013 to 30/5/2013
A 14,239.00 B 14,238.00 C 14,236.00 D None of These
What is the total payment received from Debtors during the period 10/4/2013 to
Q57 17/5/2013
A 36,11,536.00 B 36,11,535.00 C 36,11,537.00 D None of These
What is the total amount of cash withdrawn from banks during the period 3/4/2013 to
Q58 12/5/2013
A 15,50,000.00 B 15,90,000.00 C 15,80,000.00 D None of These

What was the Total Bank balance as on 14/5/2013

Q59
A 990,84,442.18 B 990,84,442.22 C 990,84,442.19 D None of These

What is the total payment made to Creditors during the period 17/4/2013 to 29/5/2013
Q60
A 622,75,029.68 B 622,75,029.66 C 622,75,029.70 D None of These
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what was the highest amount of cash balance held during the period 2/4/2013 to
Q61 15/5/2013
A 63,21,719.50 B 63,21,719.49 C 63,21,719.52 D None of These

What is the total Sale (Less Returns) as on 23/4/2013

Q62
A 41,24,377.00 B 41,24,381.00 C 41,24,380.00 D None of These
What is the total payment made to Yorkshare Food Products Ltd during the period
Q63 9/4/2013 to 18/5/2013
A 32,56,818.07 B 32,56,818.10 C 32,56,818.08 D None of These
What is the Average Amount of Stock of Stapler Pin (Camel) 1x8x6 held during the
Q64 period 4/4/2013 to 5/5/2013
A 72,202.04 B 72,202.02 C 72,202.00 D None of These

What is the total expense incurred during the period 14/4/2013 to 16/5/2013
Q65
A 6,38,991.00 B 6,38,992.00 C 6,38,989.00 D None of These
What is the total amount of Purchase return of Electronic Items during the period
Q66 7/4/2013 to 20/5/2013
A 5,87,955.42 B 5,87,955.43 C 5,87,955.41 D None of These

What is the total expense of Mobile Expense as on 24/5/2013

Q67
A 3,709.00 B 3,710.00 C 3,706.00 D None of These

What is the total Expense Paid by cash during the period 15/4/2013 to 6/5/2013
Q68
A 2,94,565.00 B 2,94,564.00 C 2,94,561.00 D None of These
What is the Amount (Gross) of Happy Tomato Sauce 250gm 1x8x4x2 purchased during
Q69 the period 17/4/2013 to 26/5/2013
A 93,820.18 B 93,820.14 C 93,820.16 D None of These
What is the lowest Rate at which Gum (Fevicol) 1x10x12 sold during the period
Q70 10/4/2013 to 26/5/2013
A 4.00 B 7.00 C 8.00 D None of These
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What is the total collection from customers through City Bank (Lombard Street Branch)
Q71 A/c as on 5/5/2013
A 6,43,779.00 B 6,43,776.00 C 6,43,780.00 D None of These

What is the Profit or Loss as on 25/4/2013

Q72
A 1,67,855.69 B 1,67,855.66 C 1,67,855.67 D None of These
What is the lowest Quantity of Lipton Brue Coffee 250gm 1x2x8 sold during the period
Q73 10/4/2013 to 28/5/2013
A 3.00 B 6.00 C 5.00 D None of These

What is the Total Net Sale of Electronic Items during the period 15/4/2013 to 25/5/2013
Q74
A 48,84,535.00 B 48,84,532.00 C 48,84,534.00 D None of These
What is the Minimum Quantity of Stock of Punching Machine (Kores) 1x4x12 in
Q75 business
A 9,794.00 B 9,791.00 C 9,793.00 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q76
A 6,00,000.00 B 4,00,000.00 C 8,00,000.00 D None of These

What was the Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 as on 19/5/2013
Q77
A 5,163.00 B 5,167.00 C 5,165.00 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 3/4/2013
Q78 to 31/5/2013
A 5,63,411.16 B 5,63,411.14 C 5,63,411.12 D None of These

What is balance payable to Leisure Travels A/cas on 25/5/2013

Q79
A 58,000.00 B 60,000.00 C 61,000.00 D None of These
What is the total amount of cash deposited in Bank of London A/c (Lombard Street
Q80 Branch) in the month of May
A 1,70,000.00 B 1,90,000.00 C 1,50,000.00 D None of These
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What Amount of Cash was utilised for payment of Expenses during the period 8/4/2013
Q81 to 21/5/2013
A 3,00,913.00 B 3,00,914.00 C 3,00,911.00 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q82
A 87,787.00 B 87,783.00 C 87,786.00 D None of These

What was the Average Cash balance held during the period 11/4/2013 to 24/5/2013
Q83
A 23,98,747.37 B 23,98,747.33 C 23,98,747.35 D None of These
How much Cash is received (Gross) from Customers during the period 2/4/2013 to
Q84 23/5/2013
A 8,90,000.00 B 8,87,000.00 C 8,88,000.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 18/4/2013
Q85 to 16/5/2013
A 59,76,503.50 B 59,76,503.52 C 59,76,503.49 D None of These

What is the total Net Cash Sale (Less Returns) as on 24/4/2013

Q86
A 7,20,997.00 B 7,20,994.00 C 7,20,996.00 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q87 8/4/2013 to 20/5/2013
A 18.00 B 14.00 C 17.00 D None of These
What is the Quantity of Gum (Fevicol) 1x10x12 returned to suppliers during the period
Q88 12/4/2013 to 25/5/2013
A 11.00 B 14.00 C 13.00 D None of These

What is the total Gross sale of Food Items as on 28/4/2013

Q89
A 6,02,786.00 B 6,02,784.00 C 6,02,788.00 D None of These
What is the Quantity of Television (Philips)32" 1x1 returned by customers during the
Q90 period 15/4/2013 to 19/5/2013
A 12.00 B 16.00 C 15.00 D None of These
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What is the total quantity (Net) of Stapler Pin (Camel) 1x8x6 Purchased during the
Q91 period 30/4/2013 to 26/5/2013
A 3,599.00 B 3,597.00 C 3,598.00 D None of These

What is the total amount of cheque paid to Penmart Stationery Mall in April
Q92
A 17,403.60 B 17,403.62 C 17,403.59 D None of These

What is the total Net Credit Purchase (Less Returns) as on 26/4/2013

Q93
A 637,24,530.25 B 637,24,530.26 C 637,24,530.29 D None of These
What is the Average Daily Expense of the company during the period 25/4/2013 to
Q94 14/5/2013
A 30,119.05 B 30,119.07 C 30,119.04 D None of These

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

Q95
A 3,07,000.00 B 3,06,980.00 C 3,06,990.00 D None of These

What is the Profit or Loss as on 21/5/2013

Q96
A -2,08,693.92 B -2,08,693.94 C -2,08,693.95 D None of These

What was the Stock value of Stapler Pin (Camel) 1x8x6 as on 17/5/2013
Q97
A 96,628.00 B 96,628.04 C 96,628.03 D None of These

What is the value of Total Stock as on 12/5/2013

Q98
A 616,59,447.64 B 616,59,447.60 C 616,59,447.62 D None of These

What was the Cash Balance as on 30/4/2013

Q99
A 19,27,370.00 B 19,27,380.00 C 19,27,350.00 D None of These
What is the Gross COST OF SALE of Stapler Pin (Camel) 1x8x6sold during the period
Q100 15/4/2013 to 23/5/2013
A 12,116.13 B 12,116.14 C 12,116.15 D None of These