Bài tập LMS bài số 1 Kế toán Úc | Đại học Công nghiệp TPHCM

Bài tập LMS bài số 1 Kế toán Úc | Đại học Công nghiệp TPHCMBài tập LMS bài số 1 Kế toán Úc | Đại học Công nghiệp TPHCMBài tập LMS bài số 1 Kế toán Úc | Đại học Công nghiệp TPHCM

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KẾ TOÁN ÚC (Học Kỳ 2 / 2023 - 2024)Exam 1Bắt đầu vào lúc Tuesday, 30 April 2024, 7:25 PM

Trạng thái Đã xongKết thúc lúc Tuesday, 30 April 2024, 8:05 PMThời gian thực hiện 40 phút 1 giây

Điểm 10,00/14,00Điểm 7,14 trên 10,00 (71,43%)

Câu Hỏi 1 ĐúngĐạt điểm 1,00 trên 1,00

MIKE.com ‘s Cash account shows an ending balacane of $600 A $200 deposit is in transit, and outstandingchecks total $410 The bank statement shows a $30 service charge and an NSF check for $150 What isMIKE.com’s adjusted cash balance?

Select one:a $420b $390c $720d $471

Câu trả lời của bạn đúngNhà của tôi › Các khoá học của tôi › KẾ TOÁN ÚC (Học Kỳ 2 / 2023 - 2024) › Bài kiểm tra thường kỳ › Exam 1

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Suppose Hunt Company has receivables of $65,000, furniture totaling $205,000, and cash of $52,000 Thebusiness has a $109,000 note payable and owes $81,000 on account How much is Hunt’s owner’s equity?

Select one:a 190,000b 28,000c 322,000d 132,000

Câu trả lời của bạn đúng

Which of the following states are consistency Principle ?

Select one:a A business’s nancial statements must report enough information for outsiders to make knowledgeable

decisions about the companyb Reporting the least favorable guré in the nancial statementc A business should use the same accounting methods and procedures from period to periodd The total cost spent on inventory that was available to be sold during a period

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1. Ann.com purchased and sold goods as follows :Beginning inventory 10 units @ $25

January Purchase 10 units @ $24July Purchase 20 units @ $26October Sale 25 units@ $40What is the cost of ending inventory using the FIFO method ?

Select one:a $1,000b $390c $650d $620

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First Class Maids Company, the cleaning service, started the preparation of its adjusted trial balance asfollows:

During the 12 months ended December 31, 2012, First Class Maids

a. used supplies of $1,800.b. used up prepaid insurance of $620.c. used up $460 of the equipment through depreciation.d. accrued salary expense of $310 that First Class Maids hasn’t paid yet.e. earned $360 of the unearned service revenue

Requirement:Compute A: $3.350

Compute B: $43.270

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The document that explains all di erence between the company’s cash records and the bank’s gures iscalled a(n)

Select one:a Bank collectionb Bank reconciliationc Electronic fund transferd Bank statement

Which of the following items will not appear on the books side of the reconciliation?

Select one:a EFT receipt from customer $100b Bank service charge $10c The bank recorded a $2000 deposit as $200d The bank collected $1,000

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Match the right de nition to the content

SourceDocumentAccruedLiabilityCompoundJournalEntryJournal

LedgerTrialBalance

The subtotals of the Income Statement columns of the work sheet are $3,500 and $4,900, respectively Ifthe subtotal of the Balance Sheet Debit column is $9,600, then the subtotal of the Balance Sheet Creditcolumn should be :

Select one:a $1,400b $6,800c $8,200d $11,000

Provides the evidence and data for accounting transactions

A liability for which the business knows the amount owed but the bill has not been paid

A journal entry that is characterized by having multiple debits and/or multiple credits

A record of transactions in date order

The record holding all the accounts of a business, the changes in those accounts, and their balances

A list of all the ledger accounts with their balances at a point in time

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Data for the un-adjusted trial balance of Mexican Riviera Tanning Salon at March 31, 2012, follow. Cash $13,000 Service revenue $89,900

Equipment $66,500 Salary expense $42,200

Accumulated depreciation $18,500 Depreciation expense

Accounts payable $3,200 Supplies expense

Supplies $1,400 Ne eland, drawing

Ne eland,capital $11,500

Adjusting data for March 2012 are: a Accrued service revenue, $2,600. b Supplies used in operations, $400. c Accrued salary expense, $1,700.d Depreciation expense, $4,100.Les Ne eland, the owner, has received an o er to sell the company He needs to know the net income forthe month covered by these data How much was the net income/net loss for March?

Answer: $60,500

Câu Hỏi 11 SaiĐạt điểm 0,00 trên 1,00

Adjusting entries never involve which account?

Select one:a Cashb Payablec Revenued Expenses

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Revenue and expense accounts at the beginning and end of the accounting period should have

Select one:a balances of cumulative amounts of activity during the periodb a balance of zero

c a net balance (credits minus debits) equal to the capital accountd a net balance equal to assets minus liabilities

Suppose Austin Sound had sales of $300,000 and sales returns of $45,000 Cost of goods sold was$152,000 How much gross pro t did Austin Sound report?

Select one:a 88,000b 103,000c 255,000d 148,000

Câu Hỏi 14 SaiĐạt điểm 0,00 trên 1,00

Which are items that appear on the bank side of the bank reconciliation ?

Select one:a Service chargeb Bank collectionsc Outstanding checksd Nonsu cient funds checks

Tiêu đề	KẾ TOÁN ÚC
Người hướng dẫn	Lê Thị Như Quỳnh
Trường học	Đại học Công nghiệp TPHCM
Chuyên ngành	Kế toán
Thể loại	Exam
Năm xuất bản	2023 - 2024

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Số trang	9
Dung lượng	1,01 MB