tailieunhanh - Preparing Financial Statements phần 4

Một doanh nghiệp có tài sản hiện tại không có giá $ năm trước đây và được khấu hao 25% mỗi năm. Nó có khoản phải thu là USD và khoản nợ phải trả $ và đã trả $ 500 trước thuế địa phương. Các tài khoản ngân hàng được thấu chi 75 $. nợ thuế $ 350. Tổng tài sản ròng của nó là gì? | Study Period 12 continued 4 A business is set up with 5 000 capital and a 3 000 loan. During the first six months trading 1 500 is spent on non current assets and 4 400 on inventory. Half the inventory is sold for 3 050. The owner withdraws 200 per month for living expenses and takes 150 worth of goods from inventory. What is the balance on the capital account at the end of the period A 5 850 B 3 650 C 4 500 D 4 350 5 A business has non-current assets which cost 12 000 three years ago and are being depreciated at 25 per annum. It has receivables of 2 100 and payables of 1 600 and has paid 500 in advance for local taxes. The bank account is overdrawn by 75. it owes 350 tax. What are its total net assets A 3 575 B 6 575 C 3 075 D 3 725 23 Study Period 12 continued 6 A business has received telephone bills as follows Date received Amount of bill Date paid Quarter to 30 November 19X8 December 19X8 January 19X9 Quarter to 28 February 19X9 March 19X9 April 19X9 Quarter to 31 May 19X9 June 19X9 June 19X9 Quarter to 31 August 19X9 September 19X9 October 19X9 Quarter to 30 November 19X9 December 19X9 January 20X0 Quarter to 28 February 20X0 March 20X0 March 20X0 In the income statement for the year ended 31 December 19X9 the charge for telephone should be A 3 B 3 C 3 D 3 7 On 1 January 19X9 Davies Co owned freehold land and buildings which had cost 500 000 building element 200 000 and had a net book value of 460 000. On 31 December 19X9 this non-current asset was revalued at 750 000. Davies Co depreciates freehold buildings on a straight line basis over 50 years. What is the amount that would be credited to the revaluation reserve A 294 000 750 000 - 456 000 B 290 000 750 000 - 460 000 C 280 000 750 000 - 460 000 10 000 D 250 000 750 000 - 500 000 8 On 1 January 19X5 Blun Co bought a machine for 70 000. It was estimated that the machine s useful life would be 7 years and its residual value 7 000. Two .