International Institute of Certified Accountants

www.ii-ca.com

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

Q1
A 1,05,733.16 B 1,05,733.18 C 1,05,733.14 D None of These
What Amount of Cash was utilised for payment of Expenses during the period
Q2 17/4/2013 to 28/5/2013
A 3,00,609.00 B 3,00,610.00 C 3,00,607.00 D None of These
What is the total quantity (Net) of Stapler Pin (Camel) 1x8x6 Sold during the period
Q3 26/4/2013 to 31/5/2013
A 1,289.00 B 1,288.00 C 1,285.00 D None of These
What is the total Credit Purchase (Net) of Electronic Items during the period 5/4/2013
Q4 to 29/5/2013
A 101,66,213.34 B 101,66,213.33 C 101,66,213.32 D None of These
What is the total quantity (Net) of Punching Machine (Kores) 1x4x12 Purchased during
Q5 the period 20/4/2013 to 22/5/2013
A 5,852.00 B 5,853.00 C 5,855.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 10/5/2013
Q6
A 214,30,487.00 B 214,30,491.00 C 214,30,489.00 D None of These

What is the total Gross sale of Electronic Items as on 29/5/2013

Q7
A 82,38,035.00 B 82,38,032.00 C 82,38,036.00 D None of These

What is balance receivable from Pinchin Johnson & Playfter Ltdas on 27/4/2013
Q8
A 0.00 B 41,961.00 C 91,445.00 D None of These

What is the total Cash sale (Net) of Food Items during the period 14/4/2013 to 2/5/2013
Q9
A 2,05,526.00 B 2,05,527.00 C 2,05,524.00 D None of These
What is the collection from customers through Bank Accounts during the period
Q10 3/4/2013 to 27/5/2013
A 39,14,143.00 B 39,14,142.00 C 39,14,139.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

what is the minimum cash balance held during the period 4/4/2013 to 12/5/2013
Q11
A 9,99,129.00 B 9,99,131.00 C 9,99,127.00 D None of These
What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q12 1/4/2013 to 12/5/2013
A 1510,54,713.00 B 1510,54,709.00 C 1510,54,711.00 D None of These
What is the highest Rate at which Nido Milk Powder 500gm 1x4x2x6 purchased during
Q13 the period 20/4/2013 to 25/5/2013
A 306.39 B 306.35 C 306.36 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 13/5/2013
Q14
A 357,00,746.81 B 357,00,746.82 C 357,00,746.78 D None of These

What is the total Gross Purchase of Food Items as on 27/5/2013

Q15
A 41,34,938.90 B 41,34,938.88 C 41,34,938.87 D None of These
What is the highest Quantity of Television (Onida) 21" 1x1 purchased during the period
Q16 10/4/2013 to 27/5/2013
A 94.00 B 97.00 C 96.00 D None of These
What is the lowest Rate at which Stapler Pin (Camel) 1x8x6 purchased during the
Q17 period 2/4/2013 to 28/5/2013
A 5.23 B 5.25 C 5.27 D None of These

What is the total Expense Paid by cash during the period 3/4/2013 to 7/5/2013
Q18
A 2,96,537.00 B 2,96,535.00 C 2,96,533.00 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q19 18/4/2013 to 28/5/2013
A 396,75,319.70 B 396,75,319.67 C 396,75,319.68 D None of These

What is balance payable to Sanford Electrics Ltd as on 27/5/2013

Q20
A 24,04,535.04 B 24,04,535.01 C 24,04,535.05 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

How much Cash is paid to Suppliers during the Period 11/4/2013 to 30/5/2013
Q21
A 4,90,000.00 B 4,88,000.00 C 4,91,000.00 D None of These

What was the Cash Balance as on 6/5/2013

Q22
A 18,92,957.00 B 18,92,956.00 C 18,92,954.00 D None of These
What is the Average Amount of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q23 during the period 9/4/2013 to 6/5/2013
A 4,40,710.69 B 4,40,710.70 C 4,40,710.72 D None of These

What was the Average Cash balance held during the period 15/4/2013 to 24/5/2013
Q24
A 25,04,030.43 B 25,04,030.39 C 25,04,030.41 D None of These
What is the Average Daily Expense of the company during the period 21/4/2013 to
Q25 7/5/2013
A 31,983.95 B 31,983.96 C 31,983.93 D None of These

What is the total Cheques collected from Traford Super Market in May
Q26
A 1,50,248.00 B 1,50,246.00 C 1,50,244.00 D None of These
What is the total net Purchases (Less Returns) of Electronic Items during the period
Q27 10/4/2013 to 26/5/2013
A 105,30,607.98 B 105,30,608.00 C 105,30,607.97 D None of These
What is the collection from customers through Bank of London A/c (Lombard Street
Q28 Branch) during the period 2/4/2013 to 23/5/2013
A 9,82,594.00 B 9,82,592.00 C 9,82,596.00 D None of These

What is the total amount payable to Suppliers as on 27/4/2013

Q29
A 439,45,833.85 B 439,45,833.88 C 439,45,833.86 D None of These

What is the total Net Credit Sale (Less Returns) as on 17/5/2013

Q30
A 52,44,099.00 B 52,44,096.00 C 52,44,100.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the Profit or Loss as on 19/5/2013

Q31
A -2,08,183.96 B -2,08,183.94 C -2,08,183.92 D None of These

What is the total Cash payment made to Penmart Stationery Mall

Q32
A 20,000.00 B 60,000.00 C 50,000.00 D None of These

What is the total amount receivable from Debtors as on 9/5/2013

Q33
A 17,04,720.00 B 17,04,716.00 C 17,04,719.00 D None of These

What is the total Sale (Less Returns) as on 29/5/2013

Q34
A 88,92,770.00 B 88,92,730.00 C 88,92,760.00 D None of These
What is the total amount paid to suppliers through Bank of London A/c (Lombard Street
Q35 Branch) in May
A 80,15,863.34 B 80,15,863.38 C 80,15,863.35 D None of These
What is the lowest Quantity of Nido Milk Powder 500gm 1x4x2x6 purchased during
Q36 the period 10/4/2013 to 23/5/2013
A 49.00 B 51.00 C 52.00 D None of These
What is the total amount of cash withdrawn from banks during the period 3/4/2013 to
Q37 30/5/2013
A 55,50,000.00 B 55,70,000.00 C 55,80,000.00 D None of These

What was the Rate of Stock balance of Refrigerator (Kelvinator) 1x1 as on 14/4/2013
Q38
A 6,442.37 B 6,442.39 C 6,442.41 D None of These

What is the Minimum Amount of Stock of Television (Onida) 21" 1x1 in business
Q39
A 100,97,033.12 B 100,97,033.08 C 100,97,033.09 D None of These
What is the highest Rate at which Nido Milk Powder 500gm 1x4x2x6 sold during the
Q40 period 17/4/2013 to 23/5/2013
A 327.00 B 331.00 C 330.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the Minimum Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 in
Q41 business
A 4,901.00 B 4,905.00 C 4,904.00 D None of These
What is the total payment received from Pinchin Johnson & Playfter Ltd during the
Q42 period 9/4/2013 to 26/5/2013
A 5,58,948.00 B 5,58,949.00 C 5,58,950.00 D None of These
What is the total amount of Purchase return of Food Items during the period 8/4/2013 to
Q43 27/5/2013
A 5,228.44 B 5,228.43 C 5,228.40 D None of These

What is the Debt-Equity Ratio as on 9/4/2013

Q44
A 0.55 B 0.54 C 0.53 D None of These

What is the total amount payable to Creditors as on 2/5/2013

Q45
A 694,38,250.14 B 694,38,250.12 C 694,38,250.16 D None of These
What is the amount paid to suppliers through Bank of London A/c (Churchil Way
Q46 Branch) during the period 9/4/2013 to 10/5/2013
A 81,85,403.59 B 81,85,403.62 C 81,85,403.60 D None of These
What is the total collection from customers through City Bank (Lombard Street Branch)
Q47 A/c as on 1/5/2013
A 6,43,779.00 B 6,43,776.00 C 6,43,778.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 12/4/2013
Q48 to 7/5/2013
A 20,48,049.00 B 20,48,053.00 C 20,48,051.00 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Lombard Street
Q49 Branch) in the month ofMay
A 70,00,000.00 B 80,00,000.00 C 40,00,000.00 D None of These

What is the total amount collected from customers through Bank Accounts in May
Q50
A 27,15,541.00 B 27,15,545.00 C 27,15,543.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the Profit or Loss as on 28/4/2013

Q51
A 1,66,196.87 B 1,66,196.86 C 1,66,196.89 D None of These
What is the Average Quantity of Stock of Television (Onida) 21" 1x1 held during the
Q52 period 15/4/2013 to 22/5/2013
A 1,367.00 B 1,368.00 C 1,369.00 D None of These
What is the total amount of cash deposited in banks during the period 16/4/2013 to
Q53 29/5/2013
A 11,00,000.00 B 10,00,000.00 C 7,00,000.00 D None of These

What was the Total Bank balance as on 26/5/2013

Q54
A 797,05,538.33 B 797,05,538.30 C 797,05,538.34 D None of These
What is the Maximum Amount of Stock of Nido Milk Powder 500gm 1x4x2x6 held in
Q55 the month of May
A 16,02,956.25 B 16,02,956.27 C 16,02,956.23 D None of These
what was the highest amount of cash balance held during the period 19/4/2013 to
Q56 22/5/2013
A 63,21,719.50 B 63,21,719.48 C 63,21,719.49 D None of These

What is the Maximum Quantity of Stock of Television (Philips)32" 1x1 in business

Q57
A 1,453.00 B 1,449.00 C 1,452.00 D None of These
What is the total value of fixed assets purchased during the period 9/4/2013 to
Q58 24/5/2013
A 77,13,800.00 B 77,13,900.00 C 77,13,600.00 D None of These

What is the total payment made to Creditors during the period 17/4/2013 to 17/5/2013
Q59
A 399,08,047.50 B 399,08,047.52 C 399,08,047.54 D None of These

What is the total collection from customers through Bank accounts as on 12/5/2013
Q60
A 25,95,983.00 B 25,95,986.00 C 25,95,985.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com

What is the total Purchase (Less Returns) as on 6/5/2013

Q61
A 658,99,442.83 B 658,99,442.86 C 658,99,442.84 D None of These
What is the Quantity of Lipton Brue Coffee 250gm 1x2x8 returned by customers during
Q62 the period 6/4/2013 to 20/5/2013
A 7.00 B 4.00 C 8.00 D None of These

What was the balance in Bank of London A/c (Lombard Street Branch) as on 20/5/2013
Q63
A 265,60,824.34 B 265,60,824.31 C 265,60,824.32 D None of These
How much Cash is received (Gross) from Customers during the period 19/4/2013 to
Q64 24/5/2013
A 7,86,000.00 B 7,89,000.00 C 7,88,000.00 D None of These
What is the Gross COST OF SALE of Gum (Fevicol) 1x10x12sold during the period
Q65 13/4/2013 to 18/5/2013
A 2,357.25 B 2,357.27 C 2,357.26 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in April
Q66
A 235,11,696.39 B 235,11,696.38 C 235,11,696.42 D None of These
What is the lowest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 sold during the
Q67 period 18/4/2013 to 24/5/2013
A 88.00 B 89.00 C 86.00 D None of These
What is the total gross amount of Cash received from Pinchin Johnson & Playfter Ltd in
Q68 April
A 72,426.00 B 65,332.00 C 0.00 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Churchil Way
Q69 Branch) as on 4/5/2013
A 81,85,403.60 B 81,85,403.62 C 81,85,403.59 D None of These

What is the total expense incurred as upto 25/5/2013

Q70
A 6,94,460.00 B 6,94,440.00 C 6,94,470.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total amount collected from customers through City Bank (Lombard Street
Q71 Branch) A/c in April
A 6,43,780.00 B 6,43,779.00 C 6,43,776.00 D None of These

What was the Quantity of Stock of Lipton Brue Coffee 250gm 1x2x8 as on 19/5/2013
Q72
A 5,566.00 B 5,563.00 C 5,567.00 D None of These

What is balance payable to Tower Height Builders Pvt Ltd A/cas on 25/5/2013
Q73
A 100,00,000.00 B 60,00,000.00 C 90,00,000.00 D None of These

What is the total amount of cash deposited in Al Islami Bank A/c in the month of May
Q74
A 1,116.00 B 4,018.00 C 0.00 D None of These

What was the Stock value of Gum (Fevicol) 1x10x12 as on 4/5/2013

Q75
A 37,823.86 B 37,823.84 C 37,823.82 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q76
A 87,787.00 B 87,786.00 C 87,783.00 D None of These
What is the lowest Rate at which Lipton Brue Coffee 250gm 1x2x8 sold during the
Q77 period 12/4/2013 to 19/5/2013
A 225.00 B 222.00 C 226.00 D None of These

What is the total Rent expense in the month of April

Q78
A 27,000.00 B 29,000.00 C 25,000.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 4/5/2013

Q79
A 655,69,422.64 B 655,69,422.62 C 655,69,422.66 D None of These

What is the total expense incurred during the period 16/4/2013 to 27/5/2013
Q80
A 6,49,570.00 B 6,49,580.00 C 6,49,540.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the Total Net Sale of Happy Tomato Sauce 250gm 1x8x4x2 during the period
Q81 17/4/2013 to 30/5/2013
A 1,81,765.00 B 1,81,764.00 C 1,81,762.00 D None of These
What is the total Cash Purchase (Net) of Electronic Items during the period 8/4/2013 to
Q82 21/5/2013
A 38,52,700.00 B 38,52,400.00 C 38,52,800.00 D None of These

What is the Quick Ratio as on 19/4/2013

Q83
A 1.94 B 1.90 C 1.92 D None of These
What is the total payment made to Yorkshare Food Products Ltd during the period
Q84 4/4/2013 to 24/5/2013
A 32,56,818.08 B 32,56,818.06 C 32,56,818.10 D None of These

What is the value of Total Stock as on 16/4/2013

Q85
A 592,74,375.16 B 592,74,375.12 C 592,74,375.14 D None of These

What is the total expense of Food & Refreshment as on 5/5/2013

Q86
A 560.00 B 570.00 C 590.00 D None of These

What is the Total Net Sale of Electronic Items during the period 6/4/2013 to 18/5/2013
Q87
A 68,27,930.00 B 68,27,950.00 C 68,27,970.00 D None of These
What is the highest Quantity of Punching Machine (Kores) 1x4x12 sold during the
Q88 period 13/4/2013 to 26/5/2013
A 796.00 B 795.00 C 792.00 D None of These
What is the total net sales (Less Returns) of Electronic Items during the period
Q89 13/4/2013 to 27/5/2013
A 47,30,591.00 B 47,30,592.00 C 47,30,588.00 D None of These

What is the total value of Furniture as on 7/5/2013

Q90
A 2,600.00 B 3,000.00 C 2,900.00 D None of These
 International Institute of Certified Accountants
www.ii-ca.com
What is the total payment received from Debtors during the period 1/4/2013 to
Q91 31/5/2013
A 57,17,528.00 B 57,17,526.00 C 57,17,525.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q92 TRANSACTIONS
A 6.00 B 2.00 C 5.00 D None of These

What was the Average Bank balance held during the period 18/4/2013 to 30/5/2013
Q93
A 1069,69,641.60 B 1069,69,641.58 C 1069,69,641.57 D None of These
What is the Quantity of Punching Machine (Kores) 1x4x12 returned to suppliers during
Q94 the period 12/4/2013 to 18/5/2013
A 10.00 B 9.00 C 6.00 D None of These

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

Q95
A 3,64,292.00 B 3,64,289.00 C 3,64,291.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 30/5/2013

Q96
A 21,85,069.00 B 21,85,068.00 C 21,85,065.00 D None of These
What is the total amount of sales return of Stationery Items during the period 14/4/2013
Q97 to 14/5/2013
A 205.00 B 204.00 C 203.00 D None of These
What is the Amount (Gross) of Gum (Fevicol) 1x10x12 purchased during the period
Q98 13/4/2013 to 22/5/2013
A 17,443.20 B 17,443.22 C 17,443.18 D None of These
What is the total Credit sale (Net) of Stationery Items during the period 1/4/2013 to
Q99 6/5/2013
A 54,670.00 B 54,680.00 C 54,640.00 D None of These

What is the total amount of cheque paid to Lincroft Electronics Ltd in April
Q100
A 600,00,000.00 B 500,00,000.00 C 200,00,000.00 D None of These