题目内容 (请给出正确答案)
[主观题]

Are the following statements about debit entries true or false? 1 A debit entry in the cas

h book will increase an overdraft in the accounts. 2 A debit entry in the cash book will increase a bank balance in the accounts.

A、Both true

B、Both false

C、1 true and 2 false

D、1 false and 2 true

提问人:网友coolyyk 发布时间:2022-01-06
参考答案
查看官方参考答案
如搜索结果不匹配,请 联系老师 获取答案
更多“Are the following statements a…”相关的问题
第1题
The author implies that all of the following statements about duplicate artifacts are true EXCEPT______.

A.such artifacts frequently exceed in quality those already catalogued in museum collections

B.such artifacts seldom have scientific value

C.there is likely to be a continuing supply of such artifacts

D.museums are well supplied with examples of such artifacts

点击查看答案
第2题
Goods costing $300 have been sold on credit to a customer. The customer has returned 10% of these goods for a refund and a credit note has been issued for these goods. Which of the following journal entries correctly records this return?

A、Dr Revenue $30, Cr Receivables $30

B、Dr Revenue $30, Cr Cash $30

C、Dr Receivables $30, Cr Revenue $30

D、Dr Revenue $300, Cr Receivables $300

点击查看答案
第3题
Bert has extracted the following list of balances from his general ledger at 31 October 20X5: $ Sales 258,542 Opening inventory 9,649 Purchases 142,958 Expenses 34,835 Non-current assets (carrying amount) 63,960 Receivables 31,746 Payables 13,864 Cash at bank 1,783 Capital 12,525 What is the total of the debit balances in Bert's trial balance at 31 October 20X5?

A、$267,049

B、$275,282

C、$283,148

D、$284,931

点击查看答案
第4题
The inventory value for the financial statements of Global Inc for the year ended 30 June 20X3 was based on a inventory count on 7 July 20X3, which gave a total inventory value of $950,000. Between 30 June and 7 July 20X6, the following transactions took place. $ Purchase of goods 11,750 Sale of goods (mark up on cost at 15%) 14,950 Goods returned by Global Inc to supplier 1,500 What figure should be included in the financial statements for inventories at 30 June 20X3?

A、$952,750

B、$949,750

C、$926,750

D、$958,950

点击查看答案
第5题

The closing inventory at cost of a company at 31 January 20X3 amounted to $284,700. The following items were included at cost in the total: 1 400 coats, which had cost $80 each and normally sold for $150 each. Owing to a defect in manufacture, they were all sold after the reporting date at 50% of their normal price. Selling expenses amounted to 5% of the proceeds. 2 800 skirts, which had cost $20 each. These too were found to be defective. Remedial work in February 20X3 cost $5 per skirt, and selling expenses for the batch totalled $800. They were sold for $28 each. What should the inventory value be according to IAS 2 Inventories after considering the above items?

A、$281,200

B、$282,800

C、$329,200

D、None of these

点击查看答案
第6题
A company values its inventory using the first in, first out (FIFO) method. At I May 20X2 the company had 700 engines in inventory, valued at $190 each. During the year ended 30 April 20X3 the following transactions took place: 20X2 1 July Purchased 500 engines at $220 each 1 November Sold 400 engines for $160,000 20X3 1 February Purchased 300 engines at $230 each 15 April Sold 250 engines for $125,000 What is the value of the company's closing inventory of engines at 30 April 20X3?

A、$188,500

B、$195,500

C、$166,000

D、None of these figures

点击查看答案
第7题
6.8 Daniel made an error when he calculated the value of his closing inventory, which means that the inventory is overvalued. How are his net profits for the year and net assets at the end of the year affected by this error? Net profit Net assets

A、Overstated Understated

B、Overstated Overstated

C、Understated Understated

D、Understated Overstated

点击查看答案
第8题
Lavinia valued her inventory at 31 December 20X2 at its cost of $11,480. This included some items which cost $975 which have been hard to sell. Lavinia intends to have these items repacked at a cost of $225. This will allow her to sell them for $450. What was the correct value of closing inventory at 31 December 20X2?

A、$10,505

B、$10,730

C、$11,480

D、$11,705

点击查看答案
账号:
你好,尊敬的用户
复制账号
发送账号至手机
密码将被重置
获取验证码
发送
温馨提示
该问题答案仅针对搜题卡用户开放,请点击购买搜题卡。
马上购买搜题卡
我已购买搜题卡, 登录账号 继续查看答案
重置密码
确认修改
欢迎分享答案

为鼓励登录用户提交答案,简答题每个月将会抽取一批参与作答的用户给予奖励,具体奖励活动请关注官方微信公众号:简答题

简答题官方微信公众号

警告:系统检测到您的账号存在安全风险

为了保护您的账号安全,请在“简答题”公众号进行验证,点击“官网服务”-“账号验证”后输入验证码“”完成验证,验证成功后方可继续查看答案!

微信搜一搜
简答题
点击打开微信
警告:系统检测到您的账号存在安全风险
抱歉,您的账号因涉嫌违反简答题购买须知被冻结。您可在“简答题”微信公众号中的“官网服务”-“账号解封申请”申请解封,或联系客服
微信搜一搜
简答题
点击打开微信