MUH213U
MUHASEBE I
2019-2020
Dönem Sonu Sınavı
TE5-2-8
Soru 1
Which of the following represents the “gross profit”?
Soru 2
Which inventory costing method is forbidden for being misleading especially in hyperinflationary economies?
Soru 3
What is it called to the document which is prepared by a bank to show the transactions that occurred related with the business’s account within a month?
Soru 4
A note receivable was NOT paid at maturity. Which of the following will be included in the journal entry to record the dishonoring of the note at maturity?
Soru 5
On January 1, Art Company accepted a one-year note for 5,000 TL at 4% from one of its customers. When the note matured on December 31, the customer was unable to pay, and Art Company treated it as a dishonored note. How much interest revenue did Art Company record at December 31?
Soru 6
-------
are the gross increases in owner’s
equity resulting from business activities entered into for the
purpose of earning income.
Soru 7
Which of the following shows the steps of the recording process in the correct order?
Soru 8
Which of the following is not a financial statement?
Soru 9
Company
(A) sold merchandise inventory for 150.000 TL and received a notes
receivable that has a due date of 15 months.
Soru 10
If the company receives a cash discount for the inventories purchased from the supplier, which of the following on credit entries should be prepared on payment date?
Soru 11
If a company applies periodic inventory system, which of the following statements is true?
Soru 12
On March 12, Peter Pen Company has sold 1200 units of blue pen for 12,000TL in total to Mrs. Yazar on account. However, 2 days later, Mrs. Yazar has brought back 50 of them, as they were red. Peter Pen managers offered 50% discount for those 50 units, if Mrs. Yazar accepts to keep them, instead of returning. Which of the choices below represent the true record for this transaction when Mrs. Yaşar accepted the offer (on behalf of Peter Pen Company)?
Soru 13
Assume that Picadilly Merchandising Company began
May with 25 units of inventory that cost a total of 625 TL. During
May, the company had the folllowing transactions:
May 5
Purchase
95 units@35 TL
May 8
Purchase
60 units@40 TL
May 12
Sale
140 unis@50 TL
May 16
Purchase
70 units@44 TL
May 25
Sale
60 units@50 TL
Soru 14
Assume that Mermaid Merchandising Company began
June with 30 units of inventory that cost a total of 1,200 TL During
June, the company had the folllowing transactions:
June 6
Purchase
200 units@ 50 TL
June 11
Sale
140 units@100 TL
June 15
Purchase
150 units@ 55 TL
June 20
Purchase
100 units@ 65 TL
June 22
Sale
300 units@120 TL
June 30
Purchase
200 units@ 70 TL
Soru 15
Which of the following statement is wrong?
Soru 16
Which component of internal control is related to the principle that says “The organization identifies and assesses changes that could significantly impact the system of internal control”?
Soru 17
Which component of internal control is related to the principle that says “The organization selects, develops, and performs ongoing and/or separate evaluations to ascertain whether the components of internal control are present and functioning”?
Soru 18
What is the main concept to explain the differences between an error and a fraud?
Soru 19
Which of the following is a major disadvantage of selling on credit?
Soru 20