PA 201 FA1 PRE TEST

Which of the following is the raw materials of a furniture company ?

The following statement is correct about a partnership except …..

The following methods used to calculate depreciation except

Nana Sdn Bhd is a company producing in screw & bolt nuts in Kuantan. Below are the stock movement during JUne 2013. Calculate value of closing stock as at 30 June using FIFO method.
JUne1 Balance 30 units @ RM 1.20
2 Purchase 20 units @ RM 1.30
3 Issued 10 units
4 Issued 10 units
5 Purchased 20 units @ RM 1.45
12 Purchased 20 units @ RM 1.30
18 Issued 25 units
26 Issued 30 units

Which of the following is a capital expenses for a non profit organization ?

4. The following are the assets & liabilities for a club
Premises RM 50,000
Debtors RM 5,000
Cash in bank RM 50,000
Creditors RM 3,000
Unearned fees RM 7,000

Primary cost consist of these following cost item..( your answer can be more than one answer )

On July 2012, Mama Ent bought a car cost at RM 100,000. It has a scrap value of RM 10,000 and useful life of 10 years. Using straight line method, calculate depreciation expenses per year.

Which equation below is incorrect ?

Below are the overhead cost that have to be incurred by a factory except ….