International Institute of Certified Accountants

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What is the amount paid to Suppliers through Bank Accounts during the period
Q1 9/4/2013 to 24/5/2013
A 399,27,319.67 B 399,27,319.69 C 399,27,319.66 D None of These
What is the total amount paid to Suppliers through City Bank (Lombard Street Branch)
Q2 A/c as on 5/5/2013
A 81,74,525.10 B 81,74,525.14 C 81,74,525.12 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q3
A 264,69,415.46 B 264,69,415.47 C 264,69,415.48 D None of These

What is the total collection from customers through Bank accounts as on 20/4/2013
Q4
A 7,38,000.00 B 7,39,000.00 C 7,37,000.00 D None of These

What is balance payable to Leisure Travels A/cas on 23/5/2013

Q5
A 58,000.00 B 60,000.00 C 61,000.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 8/5/2013

Q6
A 6,86,561.00 B 6,86,559.00 C 6,86,563.00 D None of These
What is the total Cash sale (Net) of Food Items during the period 19/4/2013 to
Q7 25/5/2013
A 79,532.00 B 79,531.00 C 79,533.00 D None of These
What is the total quantity (Net) of Nido Milk Powder 500gm 1x4x2x6 Sold during the
Q8 period 20/4/2013 to 31/5/2013
A 940.00 B 930.00 C 950.00 D None of These
What is the lowest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q9 13/4/2013 to 22/5/2013
A 18.00 B 17.00 C 14.00 D None of These
What is the Amount (Gross) of Punching Machine (Kores) 1x4x12 purchased during
Q10 the period 17/4/2013 to 23/5/2013
A 2,05,192.30 B 2,05,192.34 C 2,05,192.32 D None of These
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What is the total Cash Purchase (Net) of Stationery Items during the period 2/4/2013 to
Q11 23/5/2013
A 1,01,458.49 B 1,01,458.52 C 1,01,458.50 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q12
A 87,783.00 B 87,787.00 C 87,786.00 D None of These
How much Cash is received (Gross) from Customers during the period 17/4/2013 to
Q13 7/5/2013
A 3,79,000.00 B 3,80,000.00 C 3,77,000.00 D None of These

What is the total expense incurred during the period 14/4/2013 to 10/5/2013
Q14
A 6,38,713.00 B 6,38,712.00 C 6,38,709.00 D None of These
what was the highest amount of cash balance held during the period 14/4/2013 to
Q15 16/5/2013
A 63,21,719.49 B 63,21,719.52 C 63,21,719.50 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q16 A/c as on 18/5/2013
A 8,23,329.00 B 8,23,327.00 C 8,23,330.00 D None of These
What is the amount paid to suppliers through Bank of London A/c (Lombard Street
Q17 Branch) during the period 12/4/2013 to 5/5/2013
A 70,67,767.68 B 70,67,767.66 C 70,67,767.67 D None of These

What was the Cash Balance as on 3/5/2013

Q18
A 19,27,559.00 B 19,27,560.00 C 19,27,562.00 D None of These
What is the Average Daily Expense of the company during the period 4/4/2013 to
Q19 15/5/2013
A 15,819.74 B 15,819.77 C 15,819.78 D None of These
What is the total quantity (Net) of Television (Philips)32" 1x1 Purchased during the
Q20 period 29/4/2013 to 29/5/2013
A 156.00 B 157.00 C 153.00 D None of These
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What is the lowest Quantity of Television (Philips)32" 1x1 sold during the period
Q21 18/4/2013 to 20/5/2013
A 6.00 B 9.00 C 10.00 D None of These

What was the Average Bank balance held during the period 21/4/2013 to 12/5/2013
Q22
A 1204,37,069.91 B 1204,37,069.92 C 1204,37,069.90 D None of These

What is the total Cash payment made to Lincroft Electronics Ltd

Q23
A 4,00,000.00 B 7,00,000.00 C 8,00,000.00 D None of These
What is the Quantity of Television (Philips)32" 1x1 returned by customers during the
Q24 period 14/4/2013 to 29/5/2013
A 19.00 B 17.00 C 20.00 D None of These
What is the Average Quantity of Stock of Refrigerator (Kelvinator) 1x1 held during the
Q25 period 7/4/2013 to 26/5/2013
A 1,328.00 B 1,327.00 C 1,325.00 D None of These
What is the Maximum Quantity of Stock of Television (Philips)32" 1x1 held in the
Q26 month of May
A 1,449.00 B 1,452.00 C 1,451.00 D None of These
What is the total amount of cash deposited in City Bank (Lombard Street Branch) A/c in
Q27 the month of April
A 504,00,000.00 B 503,00,000.00 C 501,00,000.00 D None of These
What is the total payment made to Penmart Stationery Mall during the period 1/4/2013
Q28 to 15/5/2013
A 17,403.58 B 17,403.60 C 17,403.62 D None of These

What is the value of Total Stock as on 17/5/2013

Q29
A 658,17,092.74 B 658,17,092.73 C 658,17,092.76 D None of These

What is the total expense incurred as upto 9/5/2013

Q30
A 6,83,347.00 B 6,83,350.00 C 6,83,351.00 D None of These
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What was the balance in Bank of London A/c (Churchil Way Branch) as on 9/5/2013
Q31
A 383,62,640.38 B 383,62,640.42 C 383,62,640.39 D None of These

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

Q32
A 61,09,052.00 B 61,09,051.00 C 61,09,048.00 D None of These

What was the Rate of Stock balance of Television (Philips)32" 1x1 as on 18/5/2013
Q33
A 28,104.70 B 28,104.71 C 28,104.72 D None of These

How much Cash is paid to Suppliers during the Period 6/4/2013 to 5/5/2013
Q34
A 3,71,000.00 B 3,70,000.00 C 3,68,000.00 D None of These

What is balance payable to Brixton Foods Ltd as on 18/5/2013

Q35
A 59,090.65 B 59,090.61 C 59,090.63 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 29/5/2013
Q36
A 479,27,319.66 B 479,27,319.70 C 479,27,319.68 D None of These
What is the total amount of cash withdrawn from banks during the period 7/4/2013 to
Q37 8/5/2013
A 30,00,000.00 B 10,00,000.00 C 50,00,000.00 D None of These

What is the Debt-Equity Ratio as on 6/5/2013

Q38
A 0.47 B 0.46 C 0.49 D None of These

What is the Profit or Loss as on 20/5/2013

Q39
A -2,08,693.95 B -2,08,693.94 C -2,08,693.96 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q40 15/4/2013 to 29/5/2013
A 3,00,886.00 B 3,00,885.00 C 3,00,882.00 D None of These
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What is the collection from customers through Bank Accounts during the period
Q41 17/4/2013 to 16/5/2013
A 21,90,534.00 B 21,90,536.00 C 21,90,538.00 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q42 May
A 50,000.00 B 60,000.00 C 20,000.00 D None of These

What is the total Purchase (Less Returns) as on 13/5/2013

Q43
A 676,65,802.98 B 676,65,802.99 C 676,65,803.01 D None of These

What was the Average Cash balance held during the period 14/4/2013 to 29/5/2013
Q44
A 26,09,503.19 B 26,09,503.18 C 26,09,503.17 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q45 during the period 5/4/2013 to 6/5/2013
A 7,43,776.00 B 7,43,778.00 C 7,43,780.00 D None of These

What was the Stock value of Nido Milk Powder 500gm 1x4x2x6 as on 30/4/2013
Q46
A 15,08,270.02 B 15,08,269.99 C 15,08,270.01 D None of These

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

Q47
A 675,36,802.47 B 675,36,802.50 C 675,36,802.48 D None of These
What is the highest Quantity of Stapler Pin (Camel) 1x8x6 sold during the period
Q48 10/4/2013 to 25/5/2013
A 935.00 B 936.00 C 932.00 D None of These

What is the Total Net Sale of Stationery Items during the period 14/4/2013 to 26/5/2013
Q49
A 1,11,100.00 B 1,11,060.00 C 1,11,080.00 D None of These

What was the Total Bank balance as on 7/5/2013

Q50
A 1194,23,492.58 B 1194,23,492.62 C 1194,23,492.60 D None of These
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What was the Quantity of Stock of Stapler Pin (Camel) 1x8x6 as on 5/5/2013
Q51
A 15,477.00 B 15,476.00 C 15,473.00 D None of These

What is the total amount payable to Suppliers as on 30/4/2013

Q52
A 399,45,731.28 B 399,45,731.29 C 399,45,731.30 D None of These
What is the total amount collected from customers through Bank of London A/c
Q53 (Lombard Street Branch) in April
A 7,82,594.00 B 7,82,595.00 C 7,82,592.00 D None of These

What is the total Gross Purchase of Stationery Items as on 17/5/2013

Q54
A 6,15,773.78 B 6,15,773.76 C 6,15,773.75 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 4/4/2013
Q55 to 20/5/2013
A 5,14,084.18 B 5,14,084.16 C 5,14,084.17 D None of These

What is the total expense of Repairs & Maintenance as on 29/5/2013

Q56
A 1,110.00 B 1,100.00 C 1,070.00 D None of These
What is the total net Purchases (Less Returns) of Food Items during the period
Q57 20/4/2013 to 18/5/2013
A 4,14,530.33 B 4,14,530.34 C 4,14,530.36 D None of These

What is the Quick Ratio as on 21/4/2013

Q58
A 1.86 B 1.87 C 1.89 D None of These
What is the Average Amount of Stock of Punching Machine (Kores) 1x4x12 held
Q59 during the period 15/4/2013 to 25/5/2013
A 3,38,233.06 B 3,38,233.10 C 3,38,233.08 D None of These

What is the total Net Credit Sale (Less Returns) as on 23/5/2013

Q60
A 57,95,528.00 B 57,95,530.00 C 57,95,526.00 D None of These
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What is the total amount of cheque paid to Penmark Stationery Mall in May
Q61
A 35,454.07 B 35,454.10 C 35,454.08 D None of These
What is the total net sales (Less Returns) of Food Items during the period 14/4/2013 to
Q62 11/5/2013
A 4,78,001.00 B 4,78,005.00 C 4,78,003.00 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q63
A 27,15,543.00 B 27,15,542.00 C 27,15,545.00 D None of These

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

Q64
A 3,64,292.00 B 3,64,293.00 C 3,64,289.00 D None of These

What is balance receivable from Adiison Lee Fancy Shopas on 10/5/2013

Q65
A 78,143.00 B 78,139.00 C 78,141.00 D None of These
What is the Minimum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q66 in the month of May
A 4,901.00 B 4,904.00 C 4,905.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q67 4/4/2013 to 12/5/2013
A 15,54,653.00 B 15,54,651.00 C 15,54,655.00 D None of These
What is the total amount of Purchase return of Electronic Items during the period
Q68 10/4/2013 to 18/5/2013
A 5,87,955.42 B 5,87,955.41 C 5,87,955.43 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Lombard Street
Q69 Branch) in the month ofApril
A 8,00,000.00 B 10,00,000.00 C 6,00,000.00 D None of These

What is the total Cheques collected from Adiison Lee Fancy Shop in May
Q70
A 98,338.00 B 98,336.00 C 98,340.00 D None of These
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What is the total Cash inflow (Including Cash Withdrawal) during the period 12/4/2013
Q71 to 9/5/2013
A 23,98,049.00 B 23,98,052.00 C 23,98,053.00 D None of These

What is the total payment made to Creditors during the period 8/4/2013 to 17/5/2013
Q72
A 522,60,047.51 B 522,60,047.53 C 522,60,047.54 D None of These
What is the Gross COST OF SALE of Gum (Fevicol) 1x10x12sold during the period
Q73 11/4/2013 to 27/5/2013
A 5,253.19 B 5,253.23 C 5,253.21 D None of These

what is the minimum cash balance held during the period 3/4/2013 to 5/5/2013
Q74
A 4,99,945.00 B 4,99,942.00 C 4,99,946.00 D None of These
What is the Quantity of Lipton Brue Coffee 250gm 1x2x8 returned to suppliers during
Q75 the period 10/4/2013 to 26/5/2013
A 9.00 B 11.00 C 13.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 26/5/2013
Q76
A 92,67,000.00 B 92,68,000.00 C 92,69,000.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Churchil Way
Q77 Branch) in April
A 81,85,403.59 B 81,85,403.62 C 81,85,403.60 D None of These

What is the total Expense Paid by cash during the period 17/4/2013 to 25/5/2013
Q78
A 3,00,347.00 B 3,00,344.00 C 3,00,346.00 D None of These
What is the total amount of sales return of Stationery Items during the period 7/4/2013
Q79 to 19/5/2013
A 265.00 B 261.00 C 263.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q80 TRANSACTIONS
A 5.00 B 3.00 C 4.00 D None of These
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What is the Minimum Amount of Stock of Television (Philips)32" 1x1 held in the
Q81 month of April
A 351,00,483.55 B 351,00,483.58 C 351,00,483.56 D None of These
What is the lowest Rate at which Gum (Fevicol) 1x10x12 purchased during the period
Q82 18/4/2013 to 29/5/2013
A 2.23 B 2.26 C 2.24 D None of These
What is the total payment received from Debtors during the period 17/4/2013 to
Q83 18/5/2013
A 32,26,781.00 B 32,26,782.00 C 32,26,778.00 D None of These
What is the highest Rate at which Stapler Pin (Camel) 1x8x6 purchased during the
Q84 period 4/4/2013 to 27/5/2013
A 5.83 B 5.82 C 5.84 D None of These
What is the total value of fixed assets purchased during the period 19/4/2013 to
Q85 25/5/2013
A 76,58,600.00 B 76,59,000.00 C 76,58,800.00 D None of These
What is the Total Net Sale of Stapler Pin (Camel) 1x8x6 during the period 15/4/2013 to
Q86 13/5/2013
A 11,995.00 B 11,999.00 C 11,998.00 D None of These
What is the total amount of cash deposited in banks during the period 16/4/2013 to
Q87 23/5/2013
A 5,70,000.00 B 5,50,000.00 C 5,80,000.00 D None of These
What is the total Credit sale (Net) of Stationery Items during the period 15/4/2013 to
Q88 15/5/2013
A 28,320.00 B 28,340.00 C 28,360.00 D None of These

What is the total value of Furniture as on 30/5/2013

Q89
A 2,600.00 B 3,000.00 C 2,900.00 D None of These

What is the total amount receivable from Debtors as on 1/5/2013

Q90
A 10,71,893.00 B 10,71,895.00 C 10,71,897.00 D None of These
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What is the lowest Rate at which Gum (Fevicol) 1x10x12 sold during the period
Q91 6/4/2013 to 25/5/2013
A 6.00 B 4.00 C 8.00 D None of These
What is the highest Quantity of Nido Milk Powder 500gm 1x4x2x6 purchased during
Q92 the period 3/4/2013 to 19/5/2013
A 434.00 B 432.00 C 435.00 D None of These

What is the total Salary expense in the month of April

Q93
A 4,85,000.00 B 4,87,000.00 C 4,89,000.00 D None of These
What is the total payment received from Adiison Lee Fancy Shop during the period
Q94 6/4/2013 to 22/5/2013
A 4,40,553.00 B 4,40,555.00 C 4,40,554.00 D None of These
What is the highest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q95 period 17/4/2013 to 27/5/2013
A 108.00 B 106.00 C 109.00 D None of These
What is the Maximum Amount of Stock of Gum (Fevicol) 1x10x12 held in the month of
Q96 May
A 45,465.29 B 45,465.28 C 45,465.31 D None of These

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

Q97
A -3,83,460.02 B -3,83,460.03 C -3,83,460.00 D None of These

What is the total Gross sale of Stationery Items as on 16/5/2013

Q98
A 99,641.00 B 99,644.00 C 99,645.00 D None of These

What is the Profit or Loss as on 14/4/2013

Q99
A 1,05,733.18 B 1,05,733.15 C 1,05,733.14 D None of These

What is the total amount payable to Creditors as on 24/4/2013

Q100
A 675,32,649.02 B 675,32,649.01 C 675,32,649.04 D None of These