International Institute of Certified Accountants

www.ii-ca.com

What is the total Cash payment made to Penmart Stationery Mall

Q1
A 40,000.00 B 20,000.00 C 50,000.00 D None of These

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

Q2
A 311,14,176.49 B 311,14,176.45 C 311,14,176.47 D None of These
What is the Average Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q3 during the period 12/4/2013 to 18/5/2013
A 4,39,448.42 B 4,39,448.43 C 4,39,448.45 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q4 TRANSACTIONS
A 4.00 B 2.00 C 5.00 D None of These
What is the lowest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 purchased during
Q5 the period 13/4/2013 to 31/5/2013
A 131.00 B 132.00 C 128.00 D None of These

What is the Gross Profit Ratio as on 22/4/2013

Q6
A 0.03 B 0.05 C 0.07 D None of These
What is the total collection from customers through Bank of London A/c (Lombard
Q7 Street Branch) as on 26/4/2013
A 7,82,592.00 B 7,82,594.00 C 7,82,596.00 D None of These

What is the total Cheques collected from Brinxton Hyper Mall in April
Q8
A 3,43,780.00 B 3,43,778.00 C 3,43,776.00 D None of These

What was the Average Cash balance held during the period 16/4/2013 to 20/5/2013
Q9
A 23,88,611.16 B 23,88,611.18 C 23,88,611.14 D None of These
What is the total Credit sale (Net) of Food Items during the period 13/4/2013 to
Q10 16/5/2013
A 3,42,679.00 B 3,42,676.00 C 3,42,680.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the Maximum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q11 business
A 5,615.00 B 5,614.00 C 5,611.00 D None of These
What is the total value of fixed assets purchased during the period 4/4/2013 to
Q12 16/5/2013
A 237,07,800.00 B 237,07,700.00 C 237,08,000.00 D None of These
What is the highest Quantity of Gum (Fevicol) 1x10x12 sold during the period
Q13 13/4/2013 to 18/5/2013
A 295.00 B 298.00 C 299.00 D None of These

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

Q14
A -3,83,460.01 B -3,83,460.03 C -3,83,460.04 D None of These

What is the total expense incurred during the period 9/4/2013 to 22/5/2013
Q15
A 6,73,793.00 B 6,73,789.00 C 6,73,792.00 D None of These
What is the lowest Quantity of Lipton Brue Coffee 250gm 1x2x8 sold during the period
Q16 14/4/2013 to 31/5/2013
A 3.00 B 7.00 C 5.00 D None of These

What was the Quantity of Stock of Television (Onida) 21" 1x1 as on 21/4/2013
Q17
A 1,360.00 B 1,350.00 C 1,370.00 D None of These

What was the Cash Balance as on 10/4/2013

Q18
A 12,98,880.00 B 12,98,881.00 C 12,98,877.00 D None of These

What is the total Telephone expense in the month of May

Q19
A 1,075.00 B 1,073.00 C 1,077.00 D None of These

what is the minimum cash balance held during the period 7/4/2013 to 18/5/2013
Q20
A 9,99,130.00 B 9,99,127.00 C 9,99,131.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the highest Quantity of Television (Philips)32" 1x1 purchased during the
Q21 period 5/4/2013 to 29/5/2013
A 103.00 B 101.00 C 99.00 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 3/4/2013
Q22 to 15/5/2013
A 4,67,074.68 B 4,67,074.65 C 4,67,074.66 D None of These
What is the total payment received from Debtors during the period 13/4/2013 to
Q23 21/5/2013
A 37,16,778.00 B 37,16,780.00 C 37,16,782.00 D None of These

What is the Profit or Loss as on 7/4/2013

Q24
A 41,862.01 B 41,862.00 C 41,861.99 D None of These

What was the Total Bank balance as on 31/5/2013

Q25
A 743,06,670.10 B 743,06,670.12 C 743,06,670.14 D None of These

What is the total Net Cash Sale (Less Returns) as on 29/4/2013

Q26
A 7,20,998.00 B 7,20,995.00 C 7,20,996.00 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Lombard Street
Q27 Branch) in the month ofMay
A 70,00,000.00 B 60,00,000.00 C 40,00,000.00 D None of These
What is the total quantity (Net) of Happy Tomato Sauce 250gm 1x8x4x2 Purchased
Q28 during the period 22/4/2013 to 24/5/2013
A 950.00 B 949.00 C 948.00 D None of These

What is the value of Total Stock as on 21/5/2013

Q29
A 651,05,306.61 B 651,05,306.63 C 651,05,306.60 D None of These

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

Q30
A 37,43,876.00 B 37,43,878.00 C 37,43,879.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What was the Rate of Stock balance of Stapler Pin (Camel) 1x8x6 as on 18/4/2013
Q31
A 5.69 B 5.70 C 5.68 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period 2/4/2013
Q32 to 6/5/2013
A 5,56,973.27 B 5,56,973.25 C 5,56,973.23 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q33 A/c as on 26/5/2013
A 121,96,184.22 B 121,96,184.25 C 121,96,184.26 D None of These

What is the total amount payable to Creditors as on 27/5/2013

Q34
A 331,41,226.19 B 331,41,226.17 C 331,41,226.20 D None of These

What was the Stock value of Television (Philips)32" 1x1 as on 21/4/2013

Q35
A 375,05,267.14 B 375,05,267.18 C 375,05,267.16 D None of These
What is the total payment made to Penmart Stationery Mall during the period
Q36 10/4/2013 to 26/5/2013
A 39,472.00 B 39,475.00 C 39,476.00 D None of These
What is the highest Rate at which Refrigerator (Kelvinator) 1x1 purchased during the
Q37 period 12/4/2013 to 23/5/2013
A 6,386.12 B 6,386.13 C 6,386.10 D None of These
What is the Maximum Amount of Stock of Television (Onida) 21" 1x1 held in the
Q38 month of May
A 121,80,651.39 B 121,80,651.35 C 121,80,651.37 D None of These
What is the Minimum Amount of Stock of Television (Onida) 21" 1x1 held in the month
Q39 of May
A 108,84,059.11 B 108,84,059.09 C 108,84,059.13 D None of These

What is the total amount receivable from Debtors as on 25/5/2013

Q40
A 23,26,054.00 B 23,26,057.00 C 23,26,058.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the amount paid to Suppliers through Bank Accounts during the period
Q41 8/4/2013 to 8/5/2013
A 315,11,696.39 B 315,11,696.38 C 315,11,696.40 D None of These
What is the total amount of sales return of Food Items during the period 15/4/2013 to
Q42 25/5/2013
A 5,835.00 B 5,833.00 C 5,831.00 D None of These

What is the total collection from customers through Bank accounts as on 28/5/2013
Q43
A 39,14,141.00 B 39,14,139.00 C 39,14,142.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q44 1/4/2013 to 10/5/2013
A 1510,14,600.00 B 1510,14,570.00 C 1510,14,590.00 D None of These

What is the total Expense Paid by cash during the period 20/4/2013 to 29/5/2013
Q45
A 2,97,680.00 B 2,97,690.00 C 2,97,660.00 D None of These
What is the Minimum Quantity of Stock of Gum (Fevicol) 1x10x12 held in the month of
Q46 May
A 14,307.00 B 14,310.00 C 14,311.00 D None of These
What is the highest Rate at which Gum (Fevicol) 1x10x12 sold during the period
Q47 10/4/2013 to 26/5/2013
A 8.00 B 5.00 C 9.00 D None of These

What is the total expense of Printing & Stationery as on 6/5/2013

Q48
A 47,127.00 B 47,128.00 C 47,125.00 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q49 20/4/2013 to 22/5/2013
A 2,96,835.00 B 2,96,836.00 C 2,96,832.00 D None of These

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

Q50
A 41,24,381.00 B 41,24,377.00 C 41,24,380.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the total value of Land as on 10/5/2013

Q51
A 120,00,000.00 B 150,00,000.00 C 140,00,000.00 D None of These

What is the total amount of cheque paid to Sanford Electrics Ltd in May
Q52
A 20,53,792.22 B 20,53,792.20 C 20,53,792.18 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q53 Branch) during the period 19/4/2013 to 7/5/2013
A 40,17,403.62 B 40,17,403.58 C 40,17,403.60 D None of These
How much Cash is received (Gross) from Customers during the period 13/4/2013 to
Q54 10/5/2013
A 6,78,000.00 B 6,76,000.00 C 6,80,000.00 D None of These
What is the Amount (Gross) of Happy Tomato Sauce 250gm 1x8x4x2 purchased during
Q55 the period 18/4/2013 to 17/5/2013
A 76,891.50 B 76,891.52 C 76,891.51 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q56 May
A 30,000.00 B 60,000.00 C 50,000.00 D None of These

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

Q57
A 3,05,907.00 B 3,05,909.00 C 3,05,908.00 D None of These
What is the total amount of cash deposited in banks during the period 13/4/2013 to
Q58 17/5/2013
A 7,00,000.00 B 6,00,000.00 C 4,00,000.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Churchil Way
Q59 Branch) in May
A 81,89,050.40 B 81,89,050.39 C 81,89,050.38 D None of These

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

Q60
A 715,18,141.51 B 715,18,141.49 C 715,18,141.48 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the total amount payable to Creditors other than suppliers as upto 25/4/2013
Q61
A 233,69,225.00 B 233,69,226.00 C 233,69,224.00 D None of These
What is the lowest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 purchased
Q62 during the period 11/4/2013 to 24/5/2013
A 81.62 B 81.61 C 81.63 D None of These

What is the total Gross Purchase of Electronic Items as on 25/4/2013

Q63
A 603,98,708.27 B 603,98,708.29 C 603,98,708.30 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q64 during the period 2/4/2013 to 4/5/2013
A 6,43,780.00 B 6,43,776.00 C 6,43,779.00 D None of These

What was the Average Bank balance held during the period 24/4/2013 to 26/5/2013
Q65
A 1067,01,815.12 B 1067,01,815.09 C 1067,01,815.10 D None of These

What is balance payable to RK Motors Ltd A/cas on 22/5/2013

Q66
A 6,00,000.00 B 2,00,000.00 C 4,00,000.00 D None of These
What is the lowest Rate at which Punching Machine (Kores) 1x4x12 sold during the
Q67 period 6/4/2013 to 31/5/2013
A 50.00 B 60.00 C 30.00 D None of These
what was the highest amount of cash balance held during the period 15/4/2013 to
Q68 24/5/2013
A 63,21,719.52 B 63,21,719.49 C 63,21,719.50 D None of These

What is the total amount of cash deposited in Al Islami Bank A/c in the month of April
Q69
A 67,517.00 B 66,299.00 C 30,865.00 D None of These

What is the total expense incurred as upto 25/4/2013

Q70
A 81,340.00 B 81,350.00 C 81,320.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is balance payable to Yorkshare Food Products Ltd as on 11/5/2013

Q71
A 1,38,555.53 B 1,38,555.54 C 1,38,555.52 D None of These

What is the Total Amount of cash received from suppliers by way of Purchase Return
Q72
A 1,215.75 B 1,215.77 C 1,215.74 D None of These
What is the total amount of cash withdrawn from banks during the period 8/4/2013 to
Q73 22/5/2013
A 50,80,000.00 B 50,50,000.00 C 50,70,000.00 D None of These
What is the total payment received from Adiison Lee Fancy Shop during the period
Q74 4/4/2013 to 30/5/2013
A 4,59,336.00 B 4,59,339.00 C 4,59,340.00 D None of These

What is the total payment made to Creditors during the period 16/4/2013 to 29/5/2013
Q75
A 622,75,029.70 B 622,75,029.68 C 622,75,029.66 D None of These

What is the total Net Credit Purchase (Less Returns) as on 11/5/2013

Q76
A 670,62,790.46 B 670,62,790.48 C 670,62,790.45 D None of These
What is the collection from customers through Bank Accounts during the period
Q77 5/4/2013 to 31/5/2013
A 48,11,524.00 B 48,11,528.00 C 48,11,526.00 D None of These

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

Q78
A -1,408.00 B -1,412.00 C -1,410.00 D None of These

What is the Profit or Loss as on 12/5/2013

Q79
A -3,42,194.85 B -3,42,194.83 C -3,42,194.86 D None of These

What is the Quick Ratio as on 11/5/2013

Q80
A 1.98 B 1.96 C 1.95 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the Total Net Sale of Food Items during the period 11/4/2013 to 15/5/2013
Q81
A 6,24,735.00 B 6,24,736.00 C 6,24,733.00 D None of These
What is the Average Daily Expense of the company during the period 18/4/2013 to
Q82 21/5/2013
A 18,829.10 B 18,829.14 C 18,829.12 D None of These
What is the Average Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q83 during the period 10/4/2013 to 29/5/2013
A 5,259.00 B 5,263.00 C 5,262.00 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 9/4/2013 to
Q84 21/4/2013
A 0.00 B 19,086.00 C 52,626.00 D None of These

How much Cash is paid to Suppliers during the Period 2/4/2013 to 5/5/2013
Q85
A 3,71,000.00 B 3,70,000.00 C 3,67,000.00 D None of These

What was the balance in Bank of London A/c (Lombard Street Branch) as on 12/5/2013
Q86
A 304,10,824.32 B 304,10,824.34 C 304,10,824.31 D None of These
What is the Gross COST OF SALE of Punching Machine (Kores) 1x4x12sold during
Q87 the period 10/4/2013 to 15/5/2013
A 43,146.30 B 43,146.32 C 43,146.29 D None of These
What is the Quantity of Television (Onida) 21" 1x1 returned to suppliers during the
Q88 period 1/4/2013 to 15/5/2013
A 16.00 B 12.00 C 15.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 17/5/2013
Q89
A 357,20,337.51 B 357,20,337.50 C 357,20,337.52 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q90
A 264,69,415.49 B 264,69,415.46 C 264,69,415.50 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total net sales (Less Returns) of Electronic Items during the period 6/4/2013
Q91 to 7/5/2013
A 46,23,022.00 B 46,23,021.00 C 46,23,019.00 D None of These
What is the total quantity (Net) of Lipton Brue Coffee 250gm 1x2x8 Sold during the
Q92 period 30/4/2013 to 17/5/2013
A 547.00 B 548.00 C 544.00 D None of These
What is the total amount of Purchase return of Electronic Items during the period
Q93 5/4/2013 to 25/5/2013
A 7,90,674.56 B 7,90,674.58 C 7,90,674.57 D None of These
What is the Total Net Sale of Gum (Fevicol) 1x10x12 during the period 4/4/2013 to
Q94 11/5/2013
A 4,042.00 B 4,041.00 C 4,043.00 D None of These
What is the total amount collected from customers through Bank of London A/c
Q95 (Lombard Street Branch) in April
A 7,82,596.00 B 7,82,595.00 C 7,82,592.00 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q96
A 27,15,545.00 B 27,15,544.00 C 27,15,541.00 D None of These
What is the Quantity of Nido Milk Powder 500gm 1x4x2x6 returned by customers
Q97 during the period 11/4/2013 to 15/5/2013
A 10.00 B 11.00 C 7.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 2/4/2013
Q98 to 25/5/2013
A 89,59,964.50 B 89,59,964.52 C 89,59,964.48 D None of These

What is the total Gross sale of Food Items as on 9/5/2013

Q99
A 7,59,610.00 B 7,59,609.00 C 7,59,612.00 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 3/4/2013 to
Q100 12/5/2013
A 31,347.00 B 31,351.00 C 31,350.00 D None of These