• [单选题]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?

  • 正确答案 :D
  • $1,008,000


  • [单选题]24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority
  • interest?

  • 正确答案 :D
  • $24,000

  • 解析:20% x 120,000

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