逢甲大學107學年度第一學期期末考試卷

DIE
科目名稱：會計學(一)
系 - 年級
LDB815S
班 學號
可使用計算機
姓名
考試時間：90 分 原卷作答
及紙本字典 本試題共 8 頁

一、Kegin Company sells many products. Whamo is one of its popular items. Below is an analysis of the
inventory purchases and sales of Whamo for the month of March.

Purchases Sales

Units Units Cost Units Selling Price/Unit

3/1 Beginning inventory
100 100 40 $40 400 0

3/3 Purchase 160 60 43 75

.
$50 Soo

3/4 Sales 90 5934 70 3063 $80

3/10 Purchase 290 200 [15) $55

110 00

3/16 Sales 20
10816 80 412/ $90
2408
3/30 Purchase 150 40
56-86 $60
-

2400
Instructions (12%)
(單位成本四捨五入至小數點第二位，其餘四捨五入至整數位) A Y
Determine the inventory on March 31, and the cost of goods sold for March using
(a) FIFO method (Assume a periodic inventory system is used); (b) Average cost method (Assume a perpetual
inventory system is used).

(a) Show your calculations. 2400

11000
500
13900
Ending Inventory = ______________________

6500
Cost of Goods Sold = ____________________

(b) Show your calculations.

13215
Ending Inventory = ______________________

7184
Cost of Goods Sold = ____________________
1
Date Purchases Cost of Goods Sold Balance

2
二、Jon Scott, CPA, audited the accounting records and prepared the financial statements for Penski Company.
Jon reviewed the records and found three errors.
1. The purchase of supplies on account for $500 was debited to Equipment $500 and credited to Accounts Payable
$500.
2. The Company paid dividends of $1,200 cash and the bookkeeper debited Accounts Receivable for $120 and
credited Cash $120.

Instructions (14%)
Prepare an analysis of each error showing the (a)incorrect entry. (b)correct entry. (c)correcting entry.

1. 2.
(a)
Accounts Receivable
Equipment 500 12

Cash
Accounts Payable 500 10

(b)
Dividends
Supplies 500
1200

Accounts Payable 500 Cash 1200

(c)

supplies a Dividends 1200

Accounts Receivable 120

Equipmen sr
Cash logo

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三、Moreau Office supply SA has the following transactions with Roux Co. in January 2015.
January 6 Purchase calculators from Roux Co. for $1,800, terms 2/10, n/30. (For Roux,
the cost of goods sold was $1,000)
9 Paid freight of $180 on calculators purchased from Roux Co.
10 Returned calculators to Roux Co. for $100 credit because they did not meet
specifications. (For Roux, the cost of the returned merchandise was $60)
15 Paid Roux Co. in full.

Instructions (18%)

Journalize the January transactions for (a) Moreau Office supply SA (buyer) assuming that Moreau Office supply

& &
SA uses a periodic inventory system, and (b) Roux Co. (seller) assuming that Roux Co. uses a perpetual inventory
system.

(a) Moreau Office supply SA (b) Roux Co.

1/6
Purchases/800 Accounts Receivable/800
1800
Accounts Payable /800 Sales Revenue

sold 1000
cost of goods
/000
1/9 Inventory
Freight -

in /80

Cash 180
No-enelf

1/10
Payable 100 Sales Returns and Allowances
Accounts /00100
Purchases Returns Accounts Receivable
60
and Allowance 100 Inventory
cost of sold
good 1666
60
1/15
/700
Accounts Payable Cash
Cash 1666 34
sales Discounts
100
Purchases Discounts 34 Accounts Receivable

4
 逢甲大學107學年度第一學期期末考試卷
系 年級 班 學號 姓名
科目名稱：會計學(一) 可使用計算機 考試時間：90 分 原卷作答
及紙本字典 本試題共 8 頁

四、Tizani SpA's bank statement from Eastern National Bank at August 31, 2017, shows the information below.

Balance, August 1 $11,284

August deposits 47,521
Checks cleared in August 46,175
Balance, August 31 17,146

Bank credit memoranda:

Collection of note receivable plus $105 interest $4,505
Interest earned 41

Bank debit memorandum:

Safety deposit box rent 30
A summary of the Cash account in the ledger for August shows: balance, August 1, $10,559; receipts $50,050;
disbursements $47,794; and balance, August 31, $12,815. Analysis reveals that the only reconciling items on the
July 31 bank reconciliation were a deposit in transit for $2,200 and outstanding checks of $2,925. The deposit in
transit was the first deposit recorded by the bank in August. In addition, you determine that there were two errors
involving company checks drawn in August: (1) A check for $340 to a creditor on account that cleared the bank
in August was journalized and posted for $480. (2) A salary check to an employee for $275 was recorded by the
bank for $295.

Instructions (16%)
(a) Prepare a bank reconciliation at August 31.

(b) Journalize the adjusting entries to be made by Tizani at August 31. Assume that interest on the note has not
been accrued by the company.

5
(a)
Cash Balance per bank statement $19146

Add :
Deposits in transit $2100
140
errors in
recording checksII
20
Less Outstanding
:

Checks T
Cash Balance books $128/5
per
with 4505
Add Note :
Receivable collection

interest

Charge
Interest earned

Less Bank Service

(b) 4505
Note
Cas
Receivable
4408 ?
105
Interest Revenue

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五、MULTIPLE CHOICE (40%)

1 2 3 4 5 6 7 8 9 10

&
1. Which of the following entries closes the dividends account at the=
a. Debit the dividends account, credit the income summary account.
end of the period?

b. Debit the retained earnings account, credit the dividends account.

B c. Debit the income summary account, credit the dividends account.
d. Debit the dividends account, credit the retained earnings account.

2. Which one of the following classification isF correct?

a. Accounts Payable is classified as current assets.

D
b. Accounts Receivabe is classified as current liabilities.
c. Land is classified as non-current liabilities.
d. Copyrights is classified as intangible assets.

&
3. Which of the following is a true statement about inventory systems?
a. Periodic inventory systems require more detailed inventory records.
b. Perpetual inventory systems require more detailed inventory records.

B c. A periodic system requires cost of goods sold be determined after each sale.
d. A perpetual system determines cost of goods sold only at the end of the accounting period.

&
had the following account balances.
&
4. On January 1, 2018, FCU Enterprises, Ltd. had inventory of $200,000. At December 31, 2018, FCU
t
Freight-in $ 16,000
Purchases 2,036,000
1996000
Purchases discounts 24,000
Purchases returns and allowances 32,000
Sales revenue 3,360,000
Sales discounts 28,000 -

B Sales returns and allowances 44,000

&
At December 31, 2018, FCU determines that it ending inventory is $240,000. The FCU’s 2018 gross
profit is: -
a. $1,404,000.
b. $1,332,000. Net sale 3360, 00028000 44,000
= -

c. $1,132,000.
d. $1,572,000. = 3288000 -

& &
5. In a period of falling prices, which inventory method would result in the lowest tax burden?
a. Average-cost.
b. FIFO.
c. No difference.
d. Cannot be determined.

6. The following information was available for Carton Company at December 31, 2015: beginning
inventory $90,000; ending inventory $70,000; cost of goods sold $640,000; and sales $900,000.
Carton’s days in inventory in 2015 was (Assume that a year has 360 days)

100
a. 39 days.

B b. 45 days.
c. 50 days.
d. 61 days. 100 +
2
7
 & od
7. If a petty cash fund is established in the amount of $250, and contains $148 in cash and $106 in
receipts for disbursements when it is replenished, the journal entry to record replenishment
should include credits to which of the following accounts?
a. Cash, $102.
250 18
b. Cash, $102; Cash Over and Short, $4.
B c. Petty Cash, $102.
d. Petty Cash, $106. 254 t
8. Permitting only designated personnel to handle cash receipts is an application of the principle of:
a. segregation of duties.
b. independent internal verification.

A
c. human resource controls.
d. establishment of responsibility

9. The decision framework for making ethical judgments does NOT consider the following question?
a. What is the issue?
b. What are the alternatives?
S c. What alternative maximizes profit?
d. Who are the stakeholders?
在制定道德判斷的決策架構中，並不會考慮下列何者？
a. 議題為何？
b. 其他的替代方案為何？
c. 利潤極大化的替代方案為何？
d. 誰是利害關係人？

10. A treasurer train the assistant to take the practice of preparing all checks “net of discount” but
mail the checks after discount period. Which of the following is false?
a. The assistant’s dilemma is either follows her boss’s unethical instructions or maybe loses the job.
b. The unethical practice is taking undeserved cash discounts.
c. The assistant can join and continue the unethical practice of taking undeserved cash discounts.

U
d. The assistant go over her boss’s head (treasurer) and tall the officer superior to treasurer.

公司財務長訓練其助理再支付款項時，扣除折扣金額後填寫支票金額，然卻在折扣期間後才寄送
支票。下列何者有誤？ &
a. 此助理的道德抉擇為，聽從財務長指示或喪失其工作。
b. 此個案中，不道德行為為獲得不當之折扣。
c. 助理應遵從財務長指示並繼續取得此折扣。
d. 助理應拒絕財務長指示並向更高層之主管通報。