2025年ACCA《財(cái)務(wù)會(huì)計(jì)》模擬測試卷考試時(shí)間：______分鐘總分：______分姓名：______Question1:EntityPacquired100%ofthesharesofEntitySfor1,200,000onJanuary1,Year1.ThefairvalueofEntityS'snetassetsonthatdatewas1,000,000.EntityS'sStatementofFinancialPositionasatDecember31,Year1,wasasfollows:Assets1,500,000Liabilities(700,000)Equity800,000EntitySpurchasedequipmentfor200,000onJune30,Year1,usingcash.Theequipmenthasanestimatedusefullifeof5yearsandaresidualvalueof20,000,usingthestraight-linemethodofdepreciation.Required:a)CalculatethecarryingamountoftheequipmentasatDecember31,Year1.b)PreparethejournalentrytorecordthepurchaseoftheequipmentonJune30,Year1.c)PreparethejournalentrytorecordthedepreciationexpensefortheyearendedDecember31,Year1.Question2:EntityXmanufacturesasingleproduct.Itusestheweightedaveragemethodtovalueitsinventory.TheinventorytransactionsforYear1wereasfollows:January1:Beginninginventoryof200unitsat10perunit.March15:Purchaseof400unitsat12perunit.June30:Saleof500units.November1:Purchaseof300unitsat14perunit.Required:CalculatethecostofgoodssoldfortheyearendedDecember31,Year1.CalculatethecarryingamountoftheendinginventoryasatDecember31,Year1.Question3:OnJanuary1,Year1,EntityYborrowed1,000,000fromabankatanannualinterestrateof9%.TheloanisdueforrepaymentinonelumpsumonDecember31,Year3.InterestispayableannuallyonDecember31.Required:CalculatethetotalinterestexpenserecognizedbyEntityYoverthelifeoftheloan.PreparethejournalentrytorecordtheinterestexpensefortheyearendedDecember31,Year1,assumingtheinterestisaccruedattheendoftheyear.Question4:EntityZprovidesservicestoitscustomers.OnDecember31,Year1,EntityZ'sStatementofFinancialPositionshowedthefollowingrelateditems:應(yīng)收賬款(AccountsReceivable)600,000預(yù)收賬款(DeferredRevenue)100,000服務(wù)成本(ServiceCostsIncurredbutNotYetBilled)150,000已計(jì)提壞賬準(zhǔn)備(AllowanceforDoubtfulDebt)30,000EntityZusesthepercentageofsalesmethodtoestimatebaddebts.Theestimatedpercentageis1%ofcreditsalesfortheyear.CreditsalesforYear1were2,000,000.Required:CalculatethecarryingamountofAccountsReceivableasatDecember31,Year1.CalculatethebaddebtexpensefortheyearendedDecember31,Year1.PreparethejournalentrytorecordthebaddebtexpensefortheyearendedDecember31,Year1.Question5:EntityAacquired80%ofthevotingsharesofEntityBonJanuary1,Year1for1,600,000.EntityB'sStatementofFinancialPositionasatDecember31,Year1,wasasfollows:Assets2,500,000Liabilities(1,000,000)Equity1,500,000EntityApreparesitsfinancialstatementsusingthefinancialreportingentityconcept.EntityB'sinventoryhadafairvalueof300,000onDecember31,Year1,whichis100,000higherthanitscarryingamountof200,000.Required:Calculatethenon-controllinginterestshareofEntityB'sequityasatDecember31,Year1.ExplainwhetheranyeliminationentriesarerequiredfortheinventorydifferencebetweenfairvalueandcarryingamountintheconsolidatedfinancialstatementsasatDecember31,Year1.Provideabriefjustificationforyouranswer.Question6:ThefollowingselectedfinancialdatarelatetoEntityCfortheyearendedDecember31,Year1:Totalcurrentassets800,000Totalnon-currentassets2,200,000Totalcurrentliabilities600,000Totalnon-currentliabilities1,200,000Totalequity1,500,000NetprofitfortheyearendedDecember31,Year1300,000Totalsalesrevenuefortheyear2,500,000Required:CalculatethefollowingratiosforEntityCfortheyearendedDecember31,Year1:a)Currentratiob)Acid-test(Quick)ratioc)Grossprofitmarginpercentaged)Returnonequity(ROE)Question7:EntityDperformedconstructionworkforacustomerunderacontractwithatotalcontractpriceof1,500,000.Thecontractwasexpectedtobecompletedinthreeyears.CostsincurredtodateatDecember31,Year1,were500,000.EntityDusesthepercentage-of-completionmethodtorecognizerevenue.Required:AssumingthatEntityDestimatesthat40%oftheworkwascompletedbyDecember31,Year1,calculatetherevenuetoberecognizedforYear1.Question8:EntityEissued500,000sharesofitsordinarysharecapitalwithaparvalueof1pershareatapremiumof3pershareonJanuary1,Year1.OnDecember31,Year1,EntityEdeclaredandpaidacashdividendof0.50pershare.Required:Preparethejournalentriestorecordthefollowingtransactions:a)TheissueofsharesonJanuary1,Year1.b)ThedeclarationofthecashdividendonDecember31,Year1.c)ThepaymentofthecashdividendonDecember31,Year1.試卷答案Question1:a)Calculationofcarryingamountofequipment:Costofequipment=200,000Residualvalue=20,000Usefullife=5yearsAnnualdepreciation=(Cost-Residualvalue)/UsefullifeAnnualdepreciation=(200,000-20,000)/5=36,000Depreciationfor6months(Jan1toJune30)=36,000/2=18,000CarryingamountasatDec31,Year1=Cost-AccumulateddepreciationCarryingamount=200,000-18,000=182,000b)Journalentryforpurchaseofequipment(June30,Year1):Debit:Equipment200,000Credit:Cash200,000c)Journalentryfordepreciationexpense(Year1):Debit:Depreciationexpense36,000Credit:Accumulateddepreciation36,000*(Note:Fullyeardepreciationis36,000.However,only6monthsofdepreciationwasincurreduptoJune30.Thequestionasksfortheentryforthe*year*,implyingthefullyearamount,oritasksforthedepreciationrelatedtotheperioduptoDec31.IfitasksfortheperioduptoDec31,thedebitwouldbe18,000.Assumingitasksforthefullyear'sdepreciationexpenserecognizedduringtheyear):Debit:Depreciationexpense36,000Credit:Accumulateddepreciation36,000*(Ifthequestionintendedthe6monthsonly:Debit:Depreciationexpense18,000Credit:Accumulateddepreciation18,000)*Question2:Calculationofcostofgoodssold(COGS)andendinginventoryusingweightedaveragemethod:Jan1:200units@10=2,000Mar15:Purchase400units@12=4,800Totalunits=200+400=600Totalcost=2,000+4,800=6,800Weightedaveragecostperunit=6,800/600=11.3333June30:Saleof500unitsCOGS=500units*11.3333=5,666.65(roundedto5,667)Nov1:Purchase300units@14=4,200Totalunits=600-500+300=400Totalcost=6,800-5,667+4,200=5,333Weightedaveragecostperunit=5,333/400=13.3325Endinginventory=400units*13.3325=5,333(matchestotalcostafterNov1purchase)CostofGoodsSoldfortheyear=5,667CarryingAmountofEndingInventoryasatDec31=5,333Question3:a)Calculationoftotalinterestexpense:Annualinterest=1,000,000*9%=90,000Totalinterestover3years=90,000*3=270,000b)Journalentryforinterestexpense(Year1,accrued):Debit:Interestexpense90,000Credit:Interestpayable90,000Question4:a)CalculationofcarryingamountofAccountsReceivable:GrossAccountsReceivable=600,000Less:AllowanceforDoubtfulDebt=(30,000)CarryingAmount=570,000b)Calculationofbaddebtexpense:BadDebtExpense=CreditSales*PercentageBadDebtExpense=2,000,000*1%=20,000*(Note:Theexistingallowanceof30,000isnotconsideredinpercentageofsalesmethodcalculationfor*expense*.Ifthequestionimpliedadjustingtheallowance,theexpensewouldbethedifferenceneededtoreachadesiredallowance,but20,000istheexpenserecognizedbasedonsales).*c)Journalentryforbaddebtexpense(Year1):Debit:Baddebtexpense20,000Credit:Allowancefordoubtfuldebt20,000Question5:a)Calculationofnon-controllinginterest(NCI)shareofequity:NCIpercentage=100%-80%=20%NCIshareofEntityB'sequity=20%*1,500,000=300,000b)Eliminationentriesforinventorydifference:Yes,eliminationentriesarerequired.Justification:Inconsolidatedfinancialstatements,theinventoryofthesubsidiary(EntityB)shouldbestatedatitsfairvalue.Theparent(EntityA)recognizestheinventoryatcost.Thedifferencebetweenfairvalueandcostneedstobeeliminatedtoavoidoverstatementofinventoryandcostofgoodssoldintheconsolidatedstatementofprofitorloss.Theeliminationentryis:Debit:Inventory100,000Credit:CostofGoodsSold100,000Question6:Calculationsofratios:a)Currentratio=Totalcurrentassets/TotalcurrentliabilitiesCurrentratio=800,000/600,000=1.3333(or1.33)b)Acid-test(Quick)ratio=(Totalcurrentassets-Inventory)/Totalcurrentliabilities*(Assuminginventoryispartofthe800,000currentassets,thoughnotexplicitlygiven,itmustbesubtractedifusingthedefinition)*Acid-testratio=(800,000-800,000)/600,000=0*(Ifinventorywereadifferentamount,say200,000,theratiowouldbe(800,000-200,000)/600,000=0.6667)**AssumingthequestionintendedCurrentRatio:1.33**AssumingthequestionintendedAcid-testRatiousingaspecificInventoryfigurenotprovided,let'sassumeInventorywas200,000:0.67*c)Grossprofitmarginpercentage=[(TotalSalesRevenue-CostofGoodsSold)/TotalSalesRevenue]*100*(Note:COGSisnotprovideddirectly)**IfCOGSwereprovided,say1,800,000,thenGrossProfit=2,500,000-1,800,000=700,000**Grossmargin%=(700,000/2,500,000)*100=28%**Assum