盒抛苛告鸵宦烯泉耪旁蹄胖块
第一章 单元测试
1、 A company enters into the following transactions for the month of May 20X 1.
•Purchased goods $3,800 on credit from supplier.
•Bought fixtures $1,500 for cash.
•Paid $20 in sundry expenses.
•Sold goods to a customer, received $8,000 for cash.
•Receives a bank loan of $5,000.
•Pays the month’s wages by $800 for cash.
What is the total entry to the credit side of the cash T account? （ ）
A:$6,120.
B:$10,320.
C:$2,320.
D:$2,300.
答案:
$2,320.
2、 A business has capital of $20,000. Which of the following asset and liability figures could appear in the statement of financial position probably? （ ）
A:Assets ( $ )8,000 Liability ( $ ) 28,000
B:Assets ( $ )8,000 Liability ( $ ) 2,000
C:Assets ( $ )10,000 Liability ( $ ) 10,000
D:Assets ( $ )28,000 Liability ( $ ) 8,000
答案:
Assets ( $ )28,000 Liability ( $ ) 8,000
3、 Which of the following statements concerning a debit entry is incorrect? （ ）
A:Debit entries record increase in asset.
B:Debit entries record increase in expenses.
C:Debit entries record increase in income.
D:Debit entries record decrease in capital or liabilities.
答案:
Debit entries record increase in income.
4、 Which of the following statements about accounting concepts are correct? （ ）
A:IASB is trying to establish greater global uniformity with the accounting principles.
B:The prudence concept means that understating of assets and overstating of liabilities is desirable.
C:Neutrality and going concern are the two underlying assumptions in preparing financial statement.
D:The substance over form convention is that, transactions should be accounted for in according to its legal form, not economic reality.
答案:
IASB is trying to establish greater global uniformity with the accounting principles.
5、 Which of the following item is not an asset of a business? （ ）
A:Property.
B:Bank overdraft.
C:Inventory.
D:Receivable.
答案:
Bank overdraft.
第二章 单元测试
1、 Helen receives a cheque from her sister. What term describes Helen’s role in this transaction?（ ）
A:Payer.
B:Payee.
C:Drawer.
D:Drawee.
答案:
Payee.
2、 Chris pays her mortgage by instructing her bank to make monthly payment of a fixed amount from her current account. Which of the following method of payment is appropriate to Chris? （ ）
A:Direct debit.
B:Cheque.
C:Standing order.
D:Bank draft.
答案:
Standing order.
3、 What is the purpose of crossing a cheque? （ ）
A:To speed up the time it takes to go through the clearing system.
B:To allow it to be paid into any account, not just the payee’s account.
C:To stop it being paid into an account other than the payee’s account.
D:To tell the bank to check that there is enough money in the account to pay.
答案:
To stop it being paid into an account other than the payee’s account.
4、 The amount of money that a person owned on a store credit card is paid
automatically and directly to the store out of the person’s bank account monthly on a certain date. The money the person spent on the store changed to his need monthly. This is an example of .（ ）
A:direct debit
B:cheque
C:standing order
D:credit card
答案:
direct debit
5、 A credit note may be issued except . （ ）
A:the seller had understated the amount payable on an invoice
B:the sell received goods returned from customers
C:damaged goods were sent to the buyer
D:discount is allowed to the buyer
答案:
the seller had understated the amount payable on an invoice
第三章 单元测试
1、 Which of the following statement is not correct? （ ）
A:Receivable ledger account form part of the double entry system.
B:Receivable control account form part of the double entry system.
C:Total receivable account form part of the double entry system.
D:If the total debits in an account exceed the total credits, will there be a debit balance of the account.
答案:
Receivable ledger account form part of the double entry system.
2、 The profit and loss account is also known as the . （ ）
A:statement of financial position
B:cash flow statement
C:trading account
D:income and expense account
答案:
income and expense account
3、 Which of the following would be used as a source document for a petty cash book? （ ）
A:Cheque.
B:Debit note from the insurance company.
C:Bill for purchase of stamps and pencils.
D:Direct debit instruction.
答案:
Bill for purchase of stamps and pencils.
4、 In a receivable ledger control account, which of the following list is composed of items which would appear on the credit side of the account? （ ）
A:Cash received from customers and sales returns.
B:Sales, cash returned to customers and discounts allowed.
C:ash received from customers and discount received.
D:Sales, cash returned to customers and discount received.
答案:
Cash received from customers and sales returns.
5、 The following entries appear in a cash account in March. Payments by customer $15,000, rents received $250, insurance paid $150, drawings $700, capital paid in $2,000. The balance b/d on 1 March was $3,000 (in hand). What is the closing balance at 31 March. （ ）
A:$19,400.
B:$22,400.
C:$16,800.
D:$11,400.
答案:
$19,400.
6、 Cash is shown on a balance sheet as a （ ）.
A:long-term investment
B:long-term asset
C:current asset
D:liability
答案:
current asset
7、 Inventory is valued using FIFO method. Opening inventory was 10 units at $5
each. Purchases were 30 units at $6 each, then issues of 25 units were made, followed by issues of 10 units. What is closing inventory valued at?（ ）
A:$30.
B:$50.
C:$65.
D:$35.
答案:
$30.
8、 Which of the following items should appear on the debit side of bank account?（ ）
A:Drawings.
B:Cash/cheque paid to supplier.
C:Expense and other payment.
D:Proceeds from other items.
答案:
Proceeds from other items.
9、 Inventory is classified as a （ ）.
A:fixed asset on the statement of financial position
B:current asset on the statement of financial position
C:current liability on the statement of financial position
D:as either an investment or a current asset on the statement of financial position
答案:
current asset on the statement of financial position
10、 C company has closing inventory of $2,600 at 30 June 20 X 1. closing inventory be accounted for?（ ）
A:Debit inventory $2,600, Credit income statement $2,600.
B:Debit income statement $2,600, Credit inventory $2,600.
C:Debit inventory $2,600, Credit statement of financial position
D:Debit statement of financial position $2,600, Credit inventory
答案:
Debit inventory $2,600, Credit income statement $2,600.
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