題目

A company’s motor vehicles at cost account at 30 June 20X6 is as follows

?????????????????????????????? MOTOR VEHICLES - COST

?????????????????????????????????????????????????????????????????????????????????? $?????????????????????????????????? $

Balance b/d??????????????????????????????????????????????????????????? ?150,500

Disposal???????????????????????????????????????????????????????????????????85,000

Addition???????????????????????????????????????????????????????????????????120,950

Balance c/d??????????????????????????????????????????????????????????????186,450???????????????????????? ?271,450

??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? ?271,450

What opening balance should be included in the following period’s trial balance for motor vehicles - cost at 1 July 20X6?

A

$271,450 CR

B

$271,450 DR

C

$186,450 CR

D

$186,450 DR

掃碼查看暗號，即可獲得解鎖答案！

點擊獲取答案
Chapter5Ledgeraccountsanddoubleentry

Balance carried down from previous period shows debits exceed credits and so it is a debit balance brought down for the new period

多做幾道

Which accounting concept should be considered if the owner of a business takes goods from inventory for his own personal

use?

A

The fair presentation concept

B

?The accruals concept

C

The going concern concept

D

?The business entity concept

Which accounting concept should be considered if the owner of a business takes goods from inventory for his own personal

use?

A

The fair presentation concept

B

The accruals concept

C

?The going concern concept

D

The business entity concept

According to the IASB's Conceptual Framework for Financial Reporting, which TWO of the following are part of faithful

representation?1 It is neutral2 It is relevant3 It is presented fairly4 It is free from material error

A

1?and?2

B

2?and?3

C

?1?and?4

D

3?and4

Which of the following accounting concepts means that similar items should receive a similar accounting treatment?

A

Going concern

B

Accruals

C

Matching

D

Consistency

Listed below are some characteristics of financial information.1 Relevance2 Consistency3 Faithful representation4 Accuracy

Which of these are qualitative characteristics of financial information according to the IASB's Conceptual Framework for

Financial Reporting?

A

1 and 2 only

B

2 and 4 only

C

3 and 4 only

D

1 and 3 only

最新試題

該科目易錯題

該題目相似題