Accounting: set 5
10 questions. Click an option: a correct answer turns green, a wrong one red, and an explanation appears.
It was found that a storekeeper at "Navoiy kabel" was at fault for material damage of 2 400 000 soum, and the amount was recorded in account 4730 as his debt. By agreement with the employee, the damage is withheld from his wages in equal parts over 3 months. How is each monthly deduction recorded?
A designer at "Sirdaryo bosmaxonasi" was paid holiday pay for 28 calendar days from the cash desk in November: 200 000 soum per day, 5 600 000 soum in total. 18 days of the holiday fall in November and 10 days in December. How is the amount paid for the December days recorded in November?
"Qarshi temir-beton" had a worn-out machine tool dismantled so that it could be written off: 3 workers worked 4 days each, with daily wages accrued at 250 000 soum. Under NAS No. 21, what journal entry records these wages?
"Bodom choyxona" bought sets of special work clothing for its cooks. The clothing has a useful life of 8 months. Under NAS No. 4, in which group are these items recorded?
"Zomin quyosh" LLC depreciates its solar panel line using the sum-of-the-years'-digits (cumulative) method. For the current reporting year, the line's annual depreciation amounted to 42 000 000 soum. Under NAS No. 5, how is depreciation charged during the year?
"Chust pichoq" LLC bought steel sheet worth 60 000 000 soum for production. A lawyer was paid 150 000 soum for drafting the purchase contract. Under NAS No. 4, how is the cost of drafting the contract accounted for?
In the weaving shop of "Shahrixon to'qimachi", the wages of the technicians who set up the looms and service production are recorded as general production overhead. The single social payment was accrued on these wages at the company's expense. What journal entry is made?
A founder of "Qamashi transport" LLC transferred a truck to the company in payment of his share in the charter capital. The founders agreed to value the truck at 150 000 000 soum (the law provides for no other procedure). Under NAS No. 21, what journal entry records the receipt of the truck?
"Oltin mezon" LLC bought 400 shares of another company at 25 000 soum per share (not a subsidiary; a short-term financial investment). It paid 120 000 soum for broker services and 30 000 soum for bank services. Under NAS No. 12, what is the acquisition cost of the shares?
The development costs of "Bahor suv" LLC met the criteria in paragraph 12 of NAS No. 11 and were recognized as an asset of 90 000 000 soum. When the product was ready for sale, the useful life of the asset was set at 8 years. How much of the amortizable amount is allocated per year?