e1模拟题.doc

e1模拟题.docQuestionl
The following trial balance is extracted from the computerized record keeping system of ABC pic. As at 31 December 2009. Authorized share capital: 4,000,000 £ 1 ordinary shares, and 1,000,000 £2 preferece shares.
DR
£
CR
£
Purchases and sales
7,000,000
14,000,000
Trade debtors and trade creditors
5,000,000
3,000,000
Cash and bank
2,000,000
Stock at Jan. 1 2009
2,000,000
Land and building(NBV as at 31/12/08)
9,000,000
Fixture and fittings(NBV as at 31/12/08)
500,000
Plant and machinery(NBV as at 31/12/08)
2,500,000
Motor vehicles(NBV as at 31/12/08)
500,000
Discount allowed and discount received
200,000
800,000
Ordinary shares of £1 each
3,000,000
Preference shares 10%
750,000
Administration expenses
200,000
Distribution cost
1,200,000
Bad dets
100,000
Drawings
50,000
Wages and salaries
600,000
10% debentures
5,000,000
Profit and loss Account at Jan. 1, 2009
3,500,000
General reserve
1,000,000
Debenture interest paid
200,000
31,050,000
31,050,000
Notes to accounts:
Closing stock at 31 Dec., 2009 was valued at £ 1,000,000.
The depreciatiohn of fixed assets for the years as follows:
Land and building £ 180,000
Fixtures and fittings £ 100,000
Plant and machinery £ 150,000
Moto vehicles £ 200,000
Bonus of £ 90,000 was decided but not paid by the end of the year(bounus is class