Accountancy Department College of Business and Accountancy Notre Dame University Cotabato City‚ Philippines CPA – MOCK BOARD EXAMINATION AUDITING PROBLEMS MR. RONALD GERMO MAMARIL INSTRUCTION: Select the correct answer for each of the following questions. Mark only one answer for each item by shading the box corresponding to the letter of your choice on the sheet provided. STRICLY NO ERASURES ALLOWED. Use pencil no. 1 only. CASE 1: STOCK INVESTMENT
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Halifax harbour was extremely busy during the war and plenty of ships gathered there to “convoy” across the Atlantic. At 8.30 am December 16‚ 1917 a Belgian streamer‚ The Imo‚ collided with French freighter‚ The Mont Blanc in Halifax Harbour. The Mont Blanc was carrying explosives and caught on fire igniting the Halifax Explosion. The Halifax Explosion is a defining moment in Canadian History because it’s the biggest explosion in Canadian History‚ it brought a lot of help from other places and it
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Argus/Coalindo Indonesian Coal Index Report Weekly average ICI* prices Issue 040 Friday 05 October 2012 Indonesian Coal Indices incorporating assessments by Argus Media and PT Coalindo** Grade (kcal) Indonesian 6‚500 GAR (6‚200 NAR) Indonesian 5‚800 GAR (5‚500 NAR) Indonesian 5‚000 GAR (4‚600 NAR) Indonesian 4‚200 GAR (3‚800 NAR) Indonesian 3‚400 GAR (3‚000 NAR) Price(US$/t) 87.55 72.16 56.08 39.13 28.52 Monthly ICI averages Jul 86.45 71.68 58.41 40.28 31.11
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ReportREPUBLIC OF THE PHILIPPINES PROVINCE OF NUEVA ECIJA MUNICIPALITY OF CABIAO RURAL HEALTH UNIT St. Ines ‚ Cabiao‚ Nueva Ecija PALASINAN and SAN GREGORIO HEALTH CENTER Palasinan and San Gregorio‚ Cabiao‚ Nueva Ecija MONTH | ACTIVITY | TIME | January 1- 31‚ 2012 | * Assists patients need. * Taking vital signs. * Give prenatal check- up. * Do Monthly Immunization to children and pregnant women. * 4th Tuesday- Natividad North & South * 2nd Wednesday- Sta. Isabel *
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Problem no.1 In connection with the audit of the PAKYO COMPANY for the year ended December 31‚ 2010 you are called upon to verify the accounts payable transactions. You find that the company does not make use of a voucher register but enters all merchandise purchases in a Purchases Journal‚ from which posting are made to a subsidiary accounts payable ledger. The subsidiary ledger balance of P1‚500‚000 as of December 31‚ 2010 agrees with the accounts payable balance in the company’s general ledger
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The paradoxicaltwin: Acme and Omega Electronics PART I In 1955‚ Technological Products of Erie‚ Pennsylvania was bought out by a Cleveland manufacturer. The Cleveland firm had no interest in the electronics division of Technological Products and subsequently sold to different investors two plants that manufactured printed circuit boards. One of the plants‚ located in nearby Waterford‚ Pennsylvania‚ was renamed Acme Electronics‚ and the other plant‚ within the city of Erie‚ was renamed Omega
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15 Minutes‚ Easy PROBLEM 10.5A BLUE MOUNTAIN POWER COMPANY General Journal a. 2007 Aug 1 Cash Bonds Payable Bond Interest Payable Issued $10‚000‚000 face value of 10%‚ 20-year bonds at 100 plus accrued interest for three months ($10‚000‚000 x 10% x 3/12 = $250‚000). 10‚250‚000 10‚000‚000 250‚000 b. Nov 1 Bond Interest Payable Bond Interest Expense Cash Paid semiannual interest ($10‚000‚000 x 10% x 1/2 = $500‚000). 250‚000 250‚000 500‚000 c. Dec 31 Bond Interest Expense Bond Interest
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9/1/13 India: Teak log prices firm at local auctions the timber network Help Contact English Search ALL FORDAQ Marketplace Home > Market Info Directory Market Info Our Services Not a member yet? Join Fordaq Log in News Search India: Teak log prices firm at local auctions June 22‚ 2011 • Source: ITTO’s Tropical Timber Market Report • View s: 10761 Advanced search Archive Auction sales at Government Forest Depots in Gujarat and Central India are
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Time: 1 Hour 1) ABC Ltd is a new company and currently it is listed with BSE. As per the requirements of Listing Guidelines‚ the company has to declare and publish quarterly results in prescribed news papers. After analyzing the positions‚ it is understood that the following are the transactions of ABC Ltd. for the quarter ending 30th June 2007. You are requested to enter the transactions in Journal Book‚ Cash
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Table of Contents 1.0 Introduction............................................................................................................................ 2 2.0 Purpose of the Study ............................................................................................................... 2 3.0 Methodology .......................................................................................................................... 3 4.0 Limitation of the Study ..............................
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