Chart of accounts: set 3
10 questions. Click an option: a correct answer turns green, a wrong one red, and an explanation appears.
At the start of the month the balance on 4010 is 8,000,000 soums. During the month products worth 20,000,000 soums excluding VAT were sold to a buyer (VAT 12%), an advance of 5,000,000 soums received from the buyer earlier was offset, and the buyer transferred 15,000,000 soums to the bank. What is the balance on 4010 at the end of the month?
On the last day of the month a buyer transferred payment for products shipped, but the money has not yet arrived in the company's bank account. How is the settlement of the buyer's debt by this money transfer recorded?
A buyer did not pay its debt for products purchased on time, and the company lodged a claim against it for this debt. Which journal entry is made according to the table in paragraph 174 of NAS No. 21?
"Romitan savdo uyi" sold another company's goods as an intermediary and presented the owner of the goods with a settlement document for its intermediary fee. Which journal entry records the fee?
A buyer's debt for goods sold has been found to be uncollectible. The company did not create an allowance for doubtful debts for this debt, and the debt is written off directly as a loss. Which journal entry is made?
A bank granted the company a short-term loan, and the loan money was transferred directly to a supplier to settle the company's debt to it. Which journal entry is made?
Being short of money, the company agreed with a supplier to give it a promissory note in place of the payable. Which journal entry is made?
The company paid a supplier an advance of 5,000,000 soums (4310). Now materials worth 15,000,000 soums excluding VAT have arrived from the supplier, VAT 12%. Which entry offsets the advance, and how much remains to be paid to the supplier after that?
When counting packaging material received into the warehouse, "Payariq meva" LLC found that less had arrived than stated in the document and lodged a claim against the supplier for the difference. Which journal entry is made under NAS No. 21?
At the end of the month 6010 "Payables to suppliers and contractors" has a credit balance of 8,500,000 soums. What does this mean?