金融英语证书中级会计模拟考试题2(1)《金融英语试题》.doc

金融英语证书中级会计模拟考试题2(1)《金融英语试题》姓名:_____________ 年级:____________ 学号:______________题型选择题填空题解答题判断题计算题附加题总分得分评卷人得分 question 4 (total: 10 marks) the following are the account balances of a limitedpany as at 31 december 2001: $,000 $,000 ordinary share capital 600 10% preferential share capital 400 share premium on ordinary shares 300 retained profits 500 debentures (due 30 june 2002 ) 1,300 plant and machinery 1,700 provision for depreciation of plant and machinery 600 dividends declared: preferential 40 ordinary 10 trade creditors 700 trade debtors 1,200 provision for doubtful debts 80 office expenses due but unpaid 20 investments ie receivable 30 investments in associatedpanies 920 trading stock 700 _____ 4,500 4,500 profit for the year, after deducting profits tax $30,000 and interest payments $23,000, was $220,000. required: calculate the following accounting ratios for thepany: (a) current ratio (2 marks)(b) quick ratio (2 marks)(c) return on investment (or assets) (3 marks) (d) return on equity (3 marks) question 5 (total: 10 marks) x and y were trading in partnership sharing profits and losses in the ratio of 1:1. they agreed to accept z as a new partner. the new profit and loss sharing ratio among x, y and z would be 2:2:1. the capital account balances of x and y were $100,000 (cr) respectively. z was to contribute $50,000 cash as his capital and also contribute $200,000 cash to the business as consideration for his share of the goodwill of the partnership. required: (a) prepare a statement showing the sharing of the goodwill between the old partners and among the new partners. (5 marks) (b) make journal entries for z’s contributions assuming that no goodwill account is to be raised. (5 marks) question 6 (total: 10 marks) on 1 may 2002 the cash book of a business showed a bank balance of $7,712 (dr) but the bank statement of the same date showed a credit balance of $10,912. after checking the records, the following information was found: 1. cheque received in the amount of $1,000 has been recorded in the cash book but has not been banked. 2. cheque in the sum $4,360 has been drawn and sent out but it has not been presented to the bank for payment. 3. a cheque for $960 was banked but was subsequently returned by the bank marked “insufficient fund”. no entry has been made for this in the cash book. 4. interest $200 has been charged by the bank but no entry has been made in the cash book. 5. a cheque for $3,700 from a customer has been incorrectly entered in the cash book as $2,700. it was correctly recorded by the bank. required: (a) make adjusting entries in the cash book to show the correct balance. (b) prepare a bank reconciliation statement from the correct cash book balance to the balance in the bank statement. section two answer any two questions in this section. 试卷第 2 页共 2 页。