Trắc nghiệm Nguyên lý Kế toán – Tiếng Anh Z

Which of the following is a liability:

Which of the following is true:

At the end of its accounting period, the Sky Company had $15,000 in shareholders’ equity and amounts owed to creditors totalling $11,000. The total assets in the company were:

Which of the following is not an asset:

Assets are recorded at their original purchase price according to the:

Net Sales minus the Cost of Goods Sold equals

The combination of Selling Expenses and Administrative Expenses is referred to as

The formula of ROA is

Inventory is purchased on credit:

A $10,000 receipt was received from an accounts receivable, as a result:

The inventory costing method selected by a company can affect:

The perpetual inventory method has the advantage over the periodic system in that:

A set of accounts is called a:

Cost of goods sold plus the Gross profit equals

Carlton Construction Company sold a home that it built for a total cost of $150,000 for a sales price of $250,000. The journal entries to record the sales revenue and cost of the sale would include:

The product cost includes:

Which of the following are showed on Balance sheet

Profit after tax / Average equity:

Other income minus other expenses equals

Net profit before corporate income tax minus current corporate income tax expense equals

Which of the following accounts is an expense account

The balance sheet reports:

The Income statement reports:

Your business purchased merchandise goods of 25,000,000 VNĐ on credit. The journal entry to record this transaction is:

The journal entry that records your payment of 2,500,000 VNĐ by cash on hand for the supplies purchased on credit is:

Where would the balance of accounts receivable be found?

XYZ Company (XYZ) had the following assets and liabilities: Cash in hand: 5,000; Accounts payable: 4,000; Inventory: 2,700; Accounts receivable: 8,100; Office furniture: 4,500; Loan from ABC company: 15,000; Motor vehicles: 12,000 Shareholders’ equity would be:

Which of the following is not an asset?

Accounts payable should be listed on the balance sheet in which category?

Which of the following is not a liability of a business enterprise?

The following information at 30 June 20xx of XYZ Company: (Unit: $) Share Capital: 100,000; Equipment: 150,000; Inventory: 30,000; Accounts Receivable: 20,000; Account Payable: 30,000; Retained Profits: 80,000; Cash: 10,000 What is the balance of total assets at 30 June 20xx?

Which of the following cannot be revenue of a company?

Which of the following cannot be an expense of a company?

Which of the following is an intangible asset?

Inventory was purchased by a business for $3,000; $2,000 was paid in cash and the rest was put on account. The journal entry will include:

Received cash at bank from customer

A business purchases inventory for $5,000, paying $1,000 cash and the rest to be paid next month. The journal entry will include:

A credit balance in which of the following accounts would indicate a likely error:

The ending inventory was overstated and a periodic inventory system was being used, the effect on net profit would be:

If inventory is being valued at cost and prices are rising consistently, the method that yields the largest gross profit is:

Opening inventory was $20,000, purchases totalled $35,000 and freight in cost $1,000. If closing inventory was $22,000, cost of goods sold would be:

The journal entry for the receipt of cash from accounts receivable includes a credit to

Which of the following accounts would appear in an income statement?

Your business received 15,000,000 VNĐ cash in bank from a bank loan, accountant recorded:

Your business paid monthly salary for its employees by cash on hand 13,000,000 VNĐ: