ACCA考試《F3財務(wù)會計》講義輔導22

1、GOLDEN FINANCE高頓財經(jīng)ACCA考試F3財務(wù)會計講義輔導 22本文由高頓ACCA整理發(fā)布，轉(zhuǎn)載請注明出處15.3 Rec on structio n of finan cial stateme ntsWhere limited finan cial in formati on has bee n kept, it is possible to recon struct the finan cial stateme nts in full.The tech niq ue: Use of ledger accounts to find a balancing figure Use of

2、 cost structure (ratios)Using ledger accounts to find missing figures (the balancing figure approach)It is used in Ledger acco un ts: i.e.-Receivables-Payables-Cash at ban k(ha nd)to find miss ing figures in the releva nt ledger acco unt factors. Sales(Receivables) ledger con trol acco untExample:Su

3、ppose that ope ning receivables for B Rubble s bus in ess are $30,000. There have bee n total receipts from customers of $55,000 of which $15,000 relates to cash sales and $40,000 relates to receipts from receivables. Disco unts allowed in the year totaled $3,000 and clos ing receivables were $37,00

4、0.What are total sales for the year?A. $65,000B. $50,000C. $47,000D. $62,000Solutio n: is ASales = Credit sales + Cash sales=50,000 + 15,000=65,000 Purchase (payables) ledger con trol acco untThe ope ning payables of Dick Dastard- Lee s bus in ess are $15,000. Total payme nts made to suppliers duri

5、ng the year were $14,000. Disco unts received were $500 and clos ing payables were $13,000.What are total purchases for the year?A. $16,500B. $16,000C. $12,000D. $12,500Solutio n is D Cash in hand (ba nk) acco untOn Jan 1 20x9, Simon s bank account is overdrawn by $1,367. Payments in the year totale

6、d$8,536 and on 31 December the closi ng bala nee is $2,227. What are total receipts for the year?A. 12,900B. 14,900C. 13,100D. 12,13000:22:54.Solutio n is DUsing cost structure to find miss ing figuresIn some in sta nces in sufficie nt in formati on is give n to recon struct both con trol acco unts

7、in full.Two types of cost structure may be used: Gross profit margin Mark-upGross profit can be expressed as a perce ntage of either sales or cost of sales: Gross profit margin = (Gross profit/ sales) * 100% Mark up = ( Gross profit / COGS) *100%Example 1:Pad has sales of $1,000, Cost of Sales is 80

8、0, Gross profit is 200.The gross profit margin is 200/1000 = 20%The mark up is 200/800 = 25%Example 2:Jack Spratt provides the follow ing in formatio n about his bus in ess:Margin20%Sales$100,000Ope ning inven tory$10,000Purchases$82,000Closi ng inven tory after fire$3,000What is the cost of inven tory lost in the fire?A. $12,000B. $9,000C. $69,000D. $5,667Solutio n: B(Sales - COGS)/ Sales = 20%(100,000-C0GS)/100,000 = 20%COGS = 80,000Opening Inven tory + Purchase-Cl