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提问人：网友cj821204 发布时间：2022-01-07

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8 A limited liability company’s trial balance does not balance. The totals are:Debit $384,

8 A limited liability company’s trial balance does not balance. The totals are:

Debit $384,030

Credit $398,580

A suspense account is opened for the difference.

Which of the following pairs of errors could clear the balance on the suspense account when corrected？

8 A limited liability company’s trial balance does

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更多“8 A limited liability company’s trial balance does not balance. The totals are:Debit $384,”相关的问题

第1题

Which is not one of financial derivatives? _____.

A、Forward

B、Future

C、Option

D、Share

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第2题

An entity’s cash book at 31 December 20x8 shows a debit balance of $2125. When the bank statement as at that date is received it is found that cheques drawn by the entity totaling $274 had not been presented. In addition, the statement recorded bank charges of $58 which had not been entered in the cash book. What was the balance on the bank statement as at 31 December 20x8?

A、$1909 overdrawn balance

B、$1909 favourable balance

C、$2341 favourable balance

D、$2457 favourable balance

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第3题

A company's trial balance totals were: Debit $387,642 Credit $379,511 A suspense account was opened for the difference. Which one of the following errors would have the effect of reducing the difference when corrected?

A、The petty cash balance of $500 has been omitted from the trial balance.

B、$4,000 received for rent of part of the office has been correctly recorded in the cash book and debited to rent account.

C、$3,000 paid for repairs to plant has been debited to the plant asset account.

D、An invoice for Mr A Smith for $400 has been posted to the account of Mrs B Smith in error.

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第4题

Identify the accounts that would normally have balances in the credit column of a business’s trial balance

A．Revenues and liabilities．

B．Liabilities and expenses．

C．Revenues and expenses．

D．Assets and revenues．

E．Withdrawals and liabilities．

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第5题

The unadjusted trial balance combines the trial balance items with the adjusting entries to determine the adjusted balances.()

此题为判断题(对，错)。

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第6题

The financial statements of Z Co include a receivables balance of $20,000 which the auditors do not believe will be recovered. Materiality has been set at $100,000. There are no other unadjusted misstatements. What form of audit opinion would be issued by the auditor?

A、Adverse opinion

B、Unmodified opinion

C、Disclaimer of opinion

D、Qualified opinion due to overstatement of receivables

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第7题

At 30 September 20X2 a company's allowance for receivables amounted to $38,000, which was five per cent of the receivables at that date. At 30 September 20X3 receivables totalled $868,500. It was decided to write off $28,500 of debts as irrecoverable and to keep the allowance for receivables at five per cent of receivables. What should be the charge in the statement of profit or loss for the year ended 30 September 20X3 for receivables expense?

A、$42,000

B、$33,925

C、$70,500

D、$32,500

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第8题

A trial balance extracted from a sole trader's records failed to agree, and a suspense account was opened for the difference. Which of the following errors would require an entry in the suspense account in correcting them?

A、Sales returns were mistakenly debited to the purchase returns account.

B、Cash received from the sale of a non-current asset was correctly entered in the cash book but was debited to the disposal account.

C、The balance on the rent account was omitted from the trial balance.

D、Goods taken from inventory by the proprietor had been recorded by crediting drawings account and debiting purchases account.

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第9题

When a trial balance was prepared, the closing inventory of $20400 was omitted. To make the trial balance, a suspense account was opened.What was the balance on the suspense account?

A．Nil

B．Debit ＄20400

C．Credit ＄20400

D．Debit ＄40800

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第10题

The university has already cut its bu_______ as much as possible without risking its quality and reputation. （请根据字母提示填入正确的单词。）

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