anh văn chuyên ngành I AC10.046

ĐỀ KIỂM TRA MÔN Anh văn chuyên ngành 1 AC10 046 According to double entry rules, if a liability decreases, Chọn một câu trả lời a Liability account will be debited Câu trả lời đúng b Liability account.

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ĐỀ KIỂM TRA MÔN Anh văn chuyên ngành 1 - AC10.046 According to double-entry rules, if a liability decreases,

Chọn một câu trả lời:

a Liability account will be debited Câu trả lời đúng

b Liability account will be debited and credited

c Liability account will be credited

d Liability account will be debited or credited

According to double-entry rules, if an asset increases,

a asset account will be debited and credited

b asset account will be credited

c asset account will be debited Câu trả lời đúng

d asset account will be debited or credited

A general term for amounts owing to persons other than the owner is

a reditor

debtor

b loan

c liabilities Câu trả lời đúng

d creditor

A is someone to whom you owe money after you buy on credit.

a Debtor

b Loan

c Creditor Câu trả lời đúng

d Liabilities

A is someone who owes you money after you sell him/ her on credit.

a debtor Câu trả lời đúng

b creditor

c loan

d liabilities

accounts cover various income and expense accounts, e.g sales, wages, etc Chọn một câu trả lời:

a Real

b Personal

c nominal Câu trả lời đúng

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d Impersonal

accounts are individual accounts of debtors and creditors.

a nominal

b impersonal

c personal Câu trả lời đúng

d real

accounts cover asset accounts such as premises, motor vehicles, etc Chọn một câu trả lời:

a real Câu trả lời đúng

b personal

c impersonal

d nominal

account is used for regular banking and withdrawal of money.

a current Câu trả lời đúng

b deposit

c cheque

d credit transfer

‘Balance sheet’ is

a the amount of the owner’s stake in the business

b resources or items owned by the business

c record of transactions by categories

d a type of financial statement Câu trả lời đúng

Book-keeping entries relating to Credit Purchase are:

a debit purchases account & debit supplier’s (creditor’s) account

b credit purchases account & debit supplier’s (creditor’s) account

c debit purchases account & credit supplier’s (creditor’s) account Câu trả lời đúng

d credit purchases account & credit supplier’s (creditor’s) account

Book-keeping entries relating to Cash Sales are:

a debit Cash/ Bank account & credit Sales account Câu trả lời đúng

b debit Cash/ Bank account & debit Sales account

c credit Cash/ Bank account & debit Sales account

d credit Cash/ Bank account & credit Sales account

Book-keeping entries relating to Cash Purchases are:

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a credit purchases account & debit Cash/ Bank account

b debit purchases account & credit Cash/ Bank account Câu trả lời đúng

c credit purchases account & credit Cash/ Bank account

d debit purchases account & debit Cash/ Bank account

Book-keeping entries relating to Credit Sales are:

a credit customer’s (debtor’s) account & credit sales account

b debit customer’s (debtor’s) account & credit sales account Câu trả lời đúng

c debit customer’s (debtor’s) account & debit sales account

d credit customer’s (debtor’s) account & debit sales account

Book-keeping entries relating to Payment received from debtor are:

a debit bank/ cash account & credit debtor’s account Câu trả lời đúng

b credit bank/ cash account & debit debtor’s account

c debit bank/ cash account & debit debtor’s account

d credit bank/ cash account & credit debtor’s account

Book-keeping entries relating to Purchases Returns are:

a debit Returns Outwards account & credit supplier’s (creditor’s) account

b credit Returns Inwards account & debit debtor’s account

c credit Returns Outwards account & debit supplier’s (creditor’s) account Câu trả lời đúng

d debit Returns Inwards account & credit debtor’s account

Book-keeping entries relating to Sales Returns are:

a credit Returns Outwards account & debit supplier’s (creditor’s) account

b debit Returns Inwards account & credit debtor’s account Câu trả lời đúng

c credit Returns Inwards account & debit debtor’s account

d debit Returns Outwards account & credit supplier’s (creditor’s) account

Book-keeping entries relating to Payment to creditor are:

a credit creditor’s account & debit bank/ cash account

b credit creditor’s account & credit bank/ cash account

c debit creditor’s account & debit bank/ cash account

d debit creditor’s account & credit bank/ cash account Câu trả lời đúng

‘Capital’ is

a resources or items owned by the business

b the amount of the owner’s stake in the business Câu trả lời đúng

c a type of financial statement

d record of transactions by categories

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4 types of personal accounts include capital, supplier, customer, and

a drawings Câu trả lời đúng

b cash

c sales

d bank

T-type Ledger accounts has the following format:

a two-sided account with credit side on the left and debit side on the right

b One-sided account only with debit side

c two-sided account with debit side on the left and credit side on the right Câu trả lời đúng

d one-sided account only with credit side

The main difference between ‘Expenses’ and ‘Drawings’ is that

a ‘Expenses’ is the costs of running a business and ‘Drawings’ is withdrawals from a business by the owner for the business’ use

b ‘Expenses’ is the costs of running a business and ‘Drawings’ is withdrawals from a business by the owner for his private use Câu trả lời đúng

c ‘Expenses’ is the costs of running a business and ‘Drawings’ is withdrawals from a business by the owner for both his private use and business’ use

d ‘Drawings’ is the costs of running a business and ‘Expenses’ is withdrawals from a business by the owner for his private use

The total of discount received column in the cash book will be transferred to Ledger Chọn một câu trả lời:

a Private

b Sales

c Purchases

d General Câu trả lời đúng

The term ‘account’ means

a person (or business) to whom money is owed by the business

b a record of transactions by category (purchases, for example), or by person or organization Câu trả lời đúng

c taking an ownership of an asset now, but paying for it at later stage

d person (or business) who owes money for goods or services supplied by the business

The term ‘Transaction on credit’ means

a person (or business) to whom money is owed by the business

b a record of transactions by category (purchases, for example), or by person or organization

c taking an ownership of an asset now, but paying for it at later stage Câu trả lời đúng

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d person (or business) who owes money for goods or services supplied by the business

The term ‘Drawings’ means

a withdrawals from a business by the owner for the use of both the owner and the business: in cash

or goods/ services

b withdrawals from a business by the owner for the owner’s private use: in cash or goods/

services Câu trả lời đúng

c withdrawals from a business by the owner for the business’ use: in cash or goods/ services

d withdrawals from a business by the owner for the business’ private use: in cash or goods/ services

The word in the heading of the balance sheet is linked to the idea of the snapshot

photograph.

a month

b with

c at Câu trả lời đúng

d equal

The account ‘T Dove’ has 4 transactions during May, Year 4, including 2 debit entries with

£150 & £80 and 2 credit entries with £170 and £35 How much is the balance of this account at the end of May, Year 4?

a £35 Cr

b £35 Dr

c £25 Dr Câu trả lời đúng

d £25 Cr

The account ‘Bank’ has 3 transactions during July, Year 4, including 1 debit entries with £2,000 and 2 credit entries with £170 and £240 How much is the balance of this account at the end of July, Year 4?

a £1,590 Dr Câu trả lời đúng

b £1,690 Cr

c £1,690 Dr

d £1,590 Cr

The account ‘T Smith’ has 4 transactions during July, Year 4, including 2 debit entries with £50

& £80 and 2 credit entries with £170 and £230 How much is the balance of this account at the end of July, Year 4?

a £170 Dr

b £170 Cr

c £270 Cr Câu trả lời đúng

d £270 Dr

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The difference between current account and deposit account is that current account is used for banking and withdrawal of money, and in deposit account withdrawals will

be

a regular/ infrequent Câu trả lời đúng

b infrequent/ infrequent

c infrequent/ Regular

d regular/ regular

The capital equation is:

a Assets equals capital and liabilities

b Assets less liabilities equals capital Câu trả lời đúng

c Liabilities equals assets less capital

d Capital equals assets and liablities

The following detail appears in the Purchases Day Book:

‘T Smith56/637£656’

To what accounts & Ledgers will this detail be transferred?

a T Smith a/c and Purchases a/c in General Ledger

b T Smith a/c in General Ledger; Purchases a/c in Purchases Ledger

c T Smith a/c and Purchases a/c in Purchases Ledger

d T Smith a/c in Purchases Ledger; Purchases a/c in General Ledger Câu trả lời đúng

The invoice gives details of

a Cash discount

b Trade discount

c Both Trade discount and Cash discount.Câu trả lời đúng

d Discount allowed

In the accounting equation,

a Total of assets is always bigger than total of capital and liabilities

b Total of assets is always smaller than total of capital and liabilities

c The two sides will never be equal to one another

d The two sides will always be equal to one another Câu trả lời đúng

In the following transaction: ‘The owner puts a further amount into the business by cheque’, which account is debited and which account is credited?

a debit the owner’s account & credit capital account

b debit the owner’s account & credit bank account

c debit bank account & credit capital account Câu trả lời đúng

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d debit bank account & credit the owner’s account

In the transaction below: ‘You owed A John, a creditor for the goods bought from him & you paid your debt within required time; hence A John gave you cash discount’.

What kind of discount is it?

a discount received Câu trả lời đúng

b Cash discount

c Trade discount

d discount allowed

In the transaction: ‘Received a cheque of £1,200 from A Smart in full settlement of debt of

£1,212’ What entries in the Cash book are done?

a Dr Bank £1,200

b Dr Discount allowed £12 & Dr Bank £1,200 Câu trả lời đúng

c Cr Discount received £12 & Dr Bank £1,200

d Dr Discount allowed £12 & Dr Bank £1,212

In the transaction ‘wages of £40 are paid in cash’, which entries are correct?

a Cr wages account £40 & Cr Cash account £40

b Dr wages account £40 & Cr Cash account £40 Câu trả lời đúng

c Cr wages account £40 & Dr Cash account £40

d Dr wages account £40 & Dr Cash account £40

In the transaction, ‘Goods sold for £210 on credit to T Smith’, which entries are correct?

a Dr Sales £210 & Cr Bank £210

b Dr T Smith £210 & Cr Sales £210 Câu trả lời đúng

c Dr Sales £210 & Cr T Smith £210

d Dr Bank £210 & Cr Sales £210

In the transaction: ‘Cash sale £1,410, in which £410 was received in cash’ What entries in the Cash book are done?

a Cr Cash £410 & Cr Bank £1,000

b Dr Cash £1,410

c Dr Cash £410 & Dr Bank £1,000 Câu trả lời đúng

d Dr Cash £410

In the transaction: ‘Withdrew £420 from bank to make cash in office’ What entries in the Cash book are done?Nếu vụ án không thuộc thẩm quyền của mình thì Tòa án phải trả hồ sơ cho Viện kiểm sát.

a Cr Bank £420 & Cr Cash £420

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b Cr Bank £420 & Dr Cash £420.Câu trả lời đúng

c Dr Bank £420 & Cr Cash £420

d Dr Bank £420 & Dr Cash £420

In the transaction: ‘Paid £442 in cash to A Dobbs in settlement of a debt of £450’ What entries

in the Cash book are done?

a Cr Discount received £8 & Cr Cash £442 Câu trả lời đúng

b Dr Cash £442

c Cr Cash £442

d Cr Discount allowed £8 & Cr Cash £442

From the transaction below: ‘You owed A John, a creditor £2,000 for the goods bought from him & you paid your debt within required time; hence 3% cash discount was received’.

How much cash discount did you received?

a £1,940

b £60 Câu trả lời đúng

c £2,000

d £1,960

From the transaction below: ‘You owed A John, a creditor £2,000 for the goods bought from him & You paid your debt within required time; hence 3% cash discount was received’.

How much did you have to pay?

a £1,960

b £1,940 Câu trả lời đúng

c £60

d £2,000

From the transaction below: ‘A Smith owed the business £1,500 for the goods sold to him on May 10, Year 2 The terms of sale allow for 3% cash discount for payment within 7 days On May 15, Year 2, A Smith paid his debt by cheque.’

What entries in the cash book are necessary for this transaction?

a Cr Discount allowed £45 & Cr Bank £1,455

b Dr Discount allowed £45 & Dr Bank £1,455 Câu trả lời đúng

c Dr Discount allowed £45 & Cr Bank £1,455

d Cr Discount allowed £45 & Dr Bank £1,455

From the transaction below: ‘The business owed L Turner £2,000 for the goods bought from May 20th Year 2 By paying by cheque within a specified time (May 23, Year 2), the business can receive a cash discount of 5%’.

What entries in the cash book are necessary for this transaction?

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a Dr Discount received £100 & Cr Bank £1,900

b Dr Discount received £100 & Dr Bank £1,900

c Cr Discount received £100 & Dr Bank £1,900

d Cr Discount received £100 & Cr Bank £1,900 Câu trả lời đúng

From the transaction below: ‘A Smith owed the business £1,800 for the goods sold to him & he paid his debt within required time; hence 3% cash discount was given to him’.

What kind of discount is it?

a discount allowed Câu trả lời đúng

b discount received

c Trade discount

d Cash discount

How much did A Smith actually pay?

a £54

b £1,800

c £1,756

d £1,746 Câu trả lời đúng

How much cash discount was given to him?

a £1,800

b £1,756

c £1,746

d £54 Câu trả lời đúng

From the transaction below: ‘You owed A John, a creditor £2,000 for the goods bought from him & you paid your debt within required time; hence 3% cash discount was received’.

How much cash discount did you received?

a £1,960

b £1,940

c £2,000

From the transaction: ‘Credit purchase from A John at list price of £880, subject to 20% trade discount’ How much will the business record into Day book?

a £880

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c £176

d £740

From the transaction: ‘Credit purchase from S Letts at list price of £250, subject to 10% trade discount; then return goods to S Letts at list price £40’ How much will the business finally owe

S Letts?

a £210

b £36

c £4

From the transaction below: ‘Credit sale to P Starkey at list price of £360, subject to 15% trade discount’ How much will be recorded into accounts?

a £360

c £54

d £316

From the transaction below: ‘Credit sale to P Starkey at list price of £360, subject to 15% trade discount’ How much discount will be given to P Starkey?

a £54 Câu trả lời đúng

b £360

c £306

d £316

From the transaction: ‘Credit purchase from S Letts at list price of £250, subject to 10% trade discount; then return goods to S Letts at list price £40’ How much will the business record in Return Outwards account?

a £210

c £4

d £40

From the transaction: ‘K Devine returns to us goods with a list price of £150 No discount was previously made.’ In what accounts will it be recorded?

a Dr Returns Inwards £150 & Cr K Devine £150 Câu trả lời đúng

b Cr K Devine £150 & Dr Returns Outwards £150

c Cr Returns Inwards £150 & Dr K Devine £150

d Dr K Devine £150 & Cr Returns Outwards £150

Tiêu đề	Đề Kiểm Tra Môn Anh Văn Chuyên Ngành 1 - Ac10.046
Trường học	University of Economics
Chuyên ngành	English for Specific Purposes
Thể loại	Đề Kiểm Tra
Thành phố	Hanoi

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