11 the following information is available for orset, a sole trader who does not keep full accounting records:
$
inventory 1 july 2004 138,600
30 june 2005 149,100
purchases for year ended 30 june 2005 716,100
orset makes a standard gross profit of 30 per cent on sales.
based on these figures, what is orset’s sales figure for the year ended 30 june 2005?
a $2,352,000
b $1,038,000
c $917,280
d $1,008,000
答案：d
13 which of the following correctly describes the imprest system for operating petty cash?
a all expenditure out of petty cash must be supported by a properly authorised voucher.
b a regular equal amount of cash is transferred into petty cash.
c the exact amount of expenditure out of petty cash is reimbursed at intervals.
d a budget is fixed for a period which petty cash expenditure must not exceed.
答案：c