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