正确答案: B

Added to net profit and charged to partners in the division of profit

题目：18 How should interest charged on partners’ drawings appear in partnership financial statements?

解析：B

查看原题 点击获取本科目所有试题

举一反三的答案和解析：

[单选题]Mr Li, a photographer, had his photos published in the July 2014 edition of the tourism journal. The total fee was RMB20,000 and the publisher agreed to pay Mr Li by two instalments, one of RMB18,000 in June 2014 and the balance of RMB2,000 in August 2014. The same photos were republished by the government in a promotion brochure in August 2014 and Mr Li was paid a further fee of RMB3,000 by the government.

RMB2,548

解析：

20,000 x (1 – 20%) x 20% x 70% + (3,000 – 800) x 20% x 70% = RMB2,548

[单选题]23 The capital structure of a company at 30 June 2005 is as follows:

$m Ordinary share capital 100 Share premium account 40 Retained earnings 60 10% Loan notes 40 The company’s income statement for the year ended 30 June 2005 showed: $m Operating profit 44 Loan note interest (4) ___ Profit for year 40 ____ What is the company’s return on capital employed?

44/240 = 181/3 per cent

[单选题]13 At 1 January 2005 a company had an allowance for receivables of $18,000

$31,500

解析：430,000 x 5% = 21,500 – 18,000 + 28,000

[单选题]A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was 75%. The following possible reasons were stated for this:

(i) only

解析：

The learning rate was actually better than expected and only (i) could cause it to improve.

[单选题]20 Which of the following events occurring after the balance sheet date are classified as adjusting, if material?

1 The sale of inventories valued at cost at the balance sheet date for a figure in excess of cost. 2 A valuation of land and buildings providing evidence of an impairment in value at the year end. 3 The issue of shares and loan notes. 4 The insolvency of a customer with a balance outstanding at the year end.

2 and 4

[单选题]8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they admitted P’s son R as a partner. P

guaranteed that R’s profit share would not be less than $25,000 for the six months to 31 December 2004. The profitsharing arrangements after R’s admission were P 50%, Q 30%, R 20%. The profit for the year ended 31 December 2004 is $240,000, accruing evenly over the year. What should P’s final profit share be for the year ended 31 December 2004?

$139,000

解析：80,000 + 60,000 – 1,000 = 139,000