11 The following information is available for Orset, a sole trader who does not keep full accounting records:
$
Inventory 1 July 2004 138,600
30 June 2005 149,100
Purchases for year ended 30 June 2005 716,100
Orset makes a standard gross profit of 30 per cent on sales.
Based on these figures, what is Orset’s sales figure for the year ended 30 June 2005?
A $2,352,000
B $1,038,000
C $917,280
D $1,008,000
答案：D
13 Which of the following correctly describes the imprest system for operating petty cash?
A All expenditure out of petty cash must be supported by a properly authorised voucher.
B A regular equal amount of cash is transferred into petty cash.
C The exact amount of expenditure out of petty cash is reimbursed at intervals.
D A budget is fixed for a period which petty cash expenditure must not exceed.
答案：c
$
Inventory 1 July 2004 138,600
30 June 2005 149,100
Purchases for year ended 30 June 2005 716,100
Orset makes a standard gross profit of 30 per cent on sales.
Based on these figures, what is Orset’s sales figure for the year ended 30 June 2005?
A $2,352,000
B $1,038,000
C $917,280
D $1,008,000
答案：D
13 Which of the following correctly describes the imprest system for operating petty cash?
A All expenditure out of petty cash must be supported by a properly authorised voucher.
B A regular equal amount of cash is transferred into petty cash.
C The exact amount of expenditure out of petty cash is reimbursed at intervals.
D A budget is fixed for a period which petty cash expenditure must not exceed.
答案：c