On 1 January 2011 Uba acquired goods for sale in the ordinary course of business for$105,000, including $5,000 refundable purchase taxes. The supplier usually sells goods on30 days’ interest-free credit. However, as a special promotion, the purchase agreement forthese goods provided for payment to be made in full on 31 December 2012. In acquiring thegoods carriage costs of $2,000 were incurred: these were due on 31 January 2012. Uba’s costof capital is 10% per annum.At what amount should Uba measure the cost of these goods (to the nearest $00)?
参考答案(由小熊题库网聘请的专业题库老师提供的解答)
请点击↑↑↑ 查看官方参考答案 按钮
习题解析
请点击 查看官方参考答案 按钮
您可能感兴趣的题目
1 .Which two of the following statements about bank reconciliations are correct?(1) If a cheque received from a customer is dishonoured after date, a credit entry in thecash book is required.(2) A difference between the cash book and the bank statement must be corrected bymeans of a journal entry.(3) Bank charges not yet entered in the cash book should be dealt with by an adjustmentin the bank reconciliation.(4) In preparing a bank reconciliation, lodgements recorded before date in the cashbook but credited by the bank after date should reduce an overdrawn balance in thebank statement.
A (1) and (3) B (2) and (3) C (1) and (4) D (2) and (4)
2 .
A $19,900 overdrawn B $68,500 overdrawn C $59,700 overdrawn as stated D $158,100 overdrawn
3 .Sigma’s bank statement shows an overdrawn balance of $38,600 at 30 June. A check againstthe company’s cash book revealed the following differences:(1) Bank charges of $200 have not been entered in the cash book.(2) Lodgements recorded on 30 June but credited by the bank on 2 July $14,700.(3) Cheque payments entered in cash book but not presented for payment at 30 June$27,800.(4) A cheque payment to a supplier of $4,200 charged to the account in June recordedin the cash book as a receipt.Based on this information, what was the cash book balance BEFORE any adjustments?
A $16,900 overdrawn B $34,100 overdrawn C $43,100 overdrawn D $60,300 overdrawn
4 .What should the final cash book balance be when all the above items have been properlydealt with?
A $5,110 overdrawn B $33,630 overdrawn C $43,650 overdrawn D $72,170 overdrawn
5 .Which of the following statements is correct?
A Carriage inwards and outwards are both expenses which can be validly included inestablishing the cost of inventory B Carriage inwards is an expense but carriage outwards is sundry income so onlycarriage inwards can be included in the valuation of inventory C Carriage inwards and outwards are both ...
7 .Bumi had 120 units of an item in inventory which were purchased some time ago at a cost of$1,200. Immediately before the end of the financial year 20 units were sold for $180. Shortlyafter the year end a further 20 units were sold for $170 with $20 being incurred in deliveringthe items to the customer.At what amount should the items in inventory at the end of the financial year beincluded in the financial statements?
A $750 B $800 C $850 D $900
8 .What is the cost of the remaining inventory using the first-in, first-out (FIFO) formula?
A $91,800 B $90,400 C $90,000 D $87,400
9 .If Mobi used the average cost method instead of FIFO what would be the effect on inventoryvaluation and reported profit?
A Inventory valuation: Increased Reported profit: Increased B Inventory valuation: Increased Reported profit: Decreased C Inventory valuation: Decreased Reported profit: Increased D Inventory valuation: Decreased Reported profit: Decreased
10 .对于非经营性技术方案，经济效果评价主要分析拟定方案的（ ）。
A 盈利能力 B 偿债能力 C 财务生存能力 D 抗风险能力
