中會考古題 應收帳款 - 會計

1. The fallowing accounts were abstracted from Roxy Co.'s unadjusted trail

balance at December 31, 1992

Debit Credit
--------------- -------------
Accounts receivable $1,000,000

Allowance for uncollectible
accounts 8,000

Net credit sales $3,000,000


Roxy estimates that 3% of the gross accounts receivable will become

uncollectible. After adjustment at December 31, 1992, the allowance

for uncollectible accounts should have a credit balance of

(A)$90,000(B)$82,000(C)$38,000(D)$30,000

答案是(D)，想問一下要怎麼計算～


2.Which of the fallowing is a method to generate cash from accounts

receivables?

Assignment Factoring
-------------- ------------
(A) Yes No
(B) Yes Yes
(C) No Yes
(D) No No

答案是(B)，為什麼不是(A)呢?


3.Rand, Inc. accepted from a customer a $40,000, 90-day, 12% interest

-bearing note dated August 31, 1992. On September 30, 1992, Rand

discounted the note at the Apex State Bank at 15%. However, the

proceeds were not received until October 1, 1992. In Rand's September

30, 1992 balance sheet, the amount receivable from the bank, based on

a 360-day year, includes accrued interest revenue of

(A)$170 (B)$200 (C)$300 (D)$400

答案是(A)，我怎麼算都不對＞＜



4. A company issued a short-term note payable with a stated 12 percent

rate of interest to a bank. The bank charged a 5% loan origination

fee and remitted the balance to the company. The effective interest

rate paid by the company in this transaction would be

(A)Egual to 12.5%

(B)More than 12.5%

(C)Less than 12.5%

(D)Independent of 12.5%

答案是(B)可是我不知道為什麼~

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