Đáp Án trắc nghiệm anh văn chuyên ngành 1 ac10 (sửa ngày 07 11 2024) thi tự luận

ĐÁP ÁN TRẮC NGHIỆM ANH VĂN CHUYÊN NGÀNH 1 AC10 (sửa ngày 07.11.2024)- THI TỰ LUẬN Ghi chú (Đ) là đáp án Câu 1 ........... is a general term for activities of the business. a. purchases b. capital c. transactions (Đ) d. sales Câu 2 ............ is an amount received from creditors when paying them within required time. a. discount allowed b. trade discount c. cash discount d. discount received (Đ) Câu 3 ............. accounts are individual accounts of debtors and creditors. a. impersonal b. nominal c. real d. personal (Đ)

ĐÁP ÁN TRẮC NGHIỆM ANH VĂN CHUYÊN NGÀNH 1 AC10 (sửa ngày 07.11.2024)- THI TỰ LUẬN

accounts cover various income and expense accounts, e.g sales, wages, etc.

a resources or items owned by the business

b record of transactions by categories

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

d a type of financial statement (Đ)

Câu 15

‘Capital’ is

a resources or items owned by the business

b the amount of the owner’s stake in the business (Đ)

c a type of financial statement

d record of transactions by categories

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

According to double-entry rules, if a liability decreases,

a Liability account will be debited (Đ)

b Liability account will be credited

c Liability account will be debited and credited

d Liability account will be debited or credited

Câu 21

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 or credited

d asset account will be debited (Đ)

Câu 22

Book-keeping entries relating to Cash Purchases are:

a debit purchases account & credit Cash/ Bank account (Đ)

b credit purchases account & credit Cash/ Bank account

c credit purchases account & debit Cash/ Bank account

d debit purchases account & debit Cash/ Bank account

Câu 23

Book-keeping entries relating to Cash Sales are:

a debit Cash/ Bank account & debit Sales account

b credit Cash/ Bank account & credit Sales account

c debit Cash/ Bank account & credit Sales account (Đ)

d credit Cash/ Bank account & debit Sales account

Câu 24

Book-keeping entries relating to Credit Purchase are:

a credit purchases account & credit 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 (Đ)

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

Câu 25

Book-keeping entries relating to Credit Sales are:

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

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

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

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

Câu 26

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

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

b debit bank/ cash account & credit debtor’s account (Đ)

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

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

Câu 27

Book-keeping entries relating to Payment to creditor are:

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

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

c debit creditor’s account & credit bank/ cash account (Đ)

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

Câu 28

Book-keeping entries relating to Purchases Returns are:

a credit Returns Inwards account & debit debtor’s account

b debit Returns Inwards account & credit debtor’s account

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

d credit Returns Outwards account & debit supplier’s (creditor’s) account (Đ)Câu 29

Book-keeping entries relating to Sales Returns are:

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

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

c credit Returns Inwards account & debit debtor’s account

d debit Returns Inwards account & credit debtor’s account (Đ)

Calculate Gross Profit from the following details:

Cost of goods sold: £15,200;

Calculate Net Profit from the following details: Gross profit: £12,000; Rent payable: £1,500; Rent receivable: £420; Wages: £1,210; Insurance: £300; office expenses: £420; travelling expenses: £270.

Calculate Net profit from the following details: Total of Capital at the end

of period: £62,000; capital at the beginning of period: £48,000; Drawings:

Calculate the Fixed Assets from the following details: Total of assets:

£73,600; Stock £2,200, Debtors: £2,800, Cash: £ 3,240, Bank: £21,300

Calculate the total of Assets from the following details:

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 Dr Discount allowed £45 & Dr Bank £1,455 (Đ)

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

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

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

Câu 40

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’.

How much cash discount was given to him?

How much did A Smith actually pay?

What kind of discount is it?

a discount received

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

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

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

c Cr Discount received £100 & Cr Bank £1,900 (Đ)

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

Câu 46

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?

How much did you have to pay?

a £880

b £740

be recorded & How much will it be recorded?

a Purchases Day book; Dr Purchases £225 ; Cr S Letts £225 (Đ)

b Purchases Day book; Dr Purchases £250 ; Cr S Letts £250

c Sales Day book; Dr S Letts £225 ; Cr Sales £225

d Sales Day book; Dr S Letts £250 ; Cr Sales £250

Câu 53

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 K Devine £150 & Cr Returns Outwards £150

b Dr Returns Inwards £150 & Cr K Devine £150 (Đ)

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

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

Câu 54

From the transaction: ‘Return goods to S Letts at list price £40’ In what Day book and what accounts will it be recorded?

a Returns Outwards Day book; Dr Returns Outwards a/c & Cr S Letts a/c

b Returns Outwards Day book; Dr S Letts a/c & Cr Returns Outwards a/c (Đ)

c Returns Inwards Day book; Dr Returns Inwards a/c & Cr S Letts

d Returns Inwards Day book; Dr Purchases a/c & Cr S Letts

Câu 55

From the transaction: ‘S Smart –a debtor returned goods to the business’

In what accounts & what ledger will it be recorded?

a Dr Returns Outwards a/c in General Ledger & Cr S Smart a/c in Sales Ledger

b Dr Returns Inwards a/c in General Ledger & Cr S Smart a/c in Sales Ledger (Đ)

c Dr Returns Inwards a/c in General Ledger & Cr S Smart a/c in Purchases Ledger

d Cr Returns Outwards a/c in General Ledger & Dr S Smart a/c in Sales LedgerCâu 56

How is ‘Carriage inwards’ treated in final accounts?

a Carriage inwards is added to the amount of Purchases

b Carriage inwards is added into expense column

c Carriage inwards is deducted in amount of Sales

d Carriage inwards is deducted in the amount of Purchases (Đ)

Câu 57

How is ‘Carriage Outwards’ treated in final accounts?

a Carriage inwards is deducted in the amount of Purchases

b Carriage inwards is added into expense column (Đ)

c Carriage inwards is added to the amount of Purchases

d Carriage inwards is deducted in amount of Sales

Câu 58

How is ‘Carriage Outwards’ treated in final accounts?

a Carriage outwards is added into expense column

b Carriage outwards is added to the amount of Purchases

c Carriage outwards is deducted in amount of Sales

d Carriage outwards is deducted in the amount of Purchases

Câu 59

In the accounting equation,

a The two sides will never be equal to one another

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

c The two sides will always be equal to one another (Đ)

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

Câu 60

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 bank account & credit the owner’s account

b debit bank account & credit capital account (Đ)

c debit the owner’s account & credit capital account

d debit the owner’s account & credit bank account

Câu 61

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

a Dr wages account £40 & Dr Cash account £40

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

c Dr wages account £40 & Cr Cash account £40 (Đ)

d Cr wages account £40 & Cr Cash account £40

Câu 62

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 Dr Sales £210 & Cr Bank £210

b Dr T Smith £210 & Cr Sales £210 (Đ)

c Dr Sales £210 & Cr T Smith £210

d Dr Bank £210 & Cr Sales £210

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 Cash £442

b Cr Discount allowed £8 & Cr Cash £442

c Cr Discount received £8 & Cr Cash £442 (Đ)

d Dr Cash £442

Câu 66

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

b Dr Bank £1,200

c Dr Discount allowed £12 & Dr Bank £1,200 (Đ)

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

Câu 67

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 Dr Bank £420 & Cr Cash £420

b Cr Bank £420 & Dr Cash £420 (Đ)

c Dr Bank £420 & Dr Cash £420

d Cr Bank £420 & Cr Cash £420

Câu 68

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?

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?

The capital equation is:

a Assets equals capital and liabilities

b Assets less liabilities equals capital

c Capital equals assets and liabilities

d Liabilities equals assets less capital

Câu 73

The capital equation is:

a Assets less liabilities equals capital (Đ)

b Assets equals capital and liabilities

c Liabilities equals assets less capital

d Capital equals assets and liablities

Câu 74

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

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 in Purchases Ledger; Purchases a/c in General Ledger (Đ)

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

Câu 76

The formula for Cost of goods sold is:

a Opening stock + Purchases + Carriage inwards - Returns outwards - Closing stock (Đ)

b Opening stock + Purchases + Carriage inwards + Returns outwards - Closing stock

c Opening stock + Purchases - Carriage inwards - Returns outwards - Closing stock

d Opening stock + Purchases - Carriage inwards - Returns outwards - Closing stock

d Discount allowed

Câu 78

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 his private use (Đ)

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

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

Câu 79

The term ‘account’ means

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

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

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

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

Câu 80

The term ‘Drawings’ means

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

b withdrawals from a business by the owner for the use of both the owner and the business: in cash or goods/ services

c withdrawals from a business by the owner for the owner’s private use: in cash

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

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

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

d taking an ownership of an asset now, but paying for it at later stage (Đ)

T-type Ledger accounts has the following format:

a one-sided account only with credit side

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

c two-sided account with debit side on the left and credit side on the right (Đ)

d One-sided account only with debit side

Câu 85

When you received money from debtors who pay their debts within

required time, the discount you give him is called

a trade discount

b discount received

c cash discount

d discount allowed (Đ)

Câu 86

Where balances are carried forward from one page to the next,

‘balance ’ would appear at the bottom of one page and ‘balance ’

at the top of the next page.

b the two sides are not equal One figure must be incorrect (Đ)

c the two sides are equal

d the equation is correct