lOMoARcPSD|9712768 LA023636 Bsbsmb 406A - Online Quiz 1 - answer Diploma Building and Construction (TAFE New South Wales) StuDocu is not sponsored or endorsed by any college or university Downloaded by Geoffrey Walters (teachingservices.sydney@gmail.com) lOMoARcPSD|9712768 Quest i on1 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Ledgeraccount :Capi t al ,Owner Nor malBal ance: Sel ectone: Cr edi t Debi t Quest i on2 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Ledgeraccount :PAYETaxPayabl e Nor malBal ance: Sel ectone: Cr edi t Debi t Quest i on3 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Ledgeraccount :Capi t al ,Owner Downloaded by Geoffrey Walters (teachingservices.sydney@gmail.com) lOMoARcPSD|9712768 Accountt ype: Sel ectone: Expense Rev enue As set Li abi l i t y Pr opr i et or shi p Quest i on4 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Ledgeraccount :Mot orvehi cl es Nor malBal ance: Sel ectone: Debi t Cr edi t Quest i on5 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Ledgeraccount :Pl antandEqui pment Accountt ype: Sel ectone: Expense As set Li abi l i t y Pr opr i et or shi p Rev enue Downloaded by Geoffrey Walters (teachingservices.sydney@gmail.com) lOMoARcPSD|9712768 Quest i on6 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext J Brown received progress payments for the year of $152,360 for the year, and her expenses totaled $101,250. Calculate the net profit ratio for the business. The Net Profit Ratio = Chooseoneans wer . Sel ectone: 50. 5% ( 33. 5%) 66. 5% 33. 5% Quest i on7 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Yourpar ent saty ourr equestsi gnaguar ant eef orabusi nessl oanandputt hei rhouseandl and upassecur i t yf ort hedebt .Coul dt heyl oset hei rhousei fy ouwenti nt obankr upt cy ? Sel ectone: No Yes Quest i on8 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Downloaded by Geoffrey Walters (teachingservices.sydney@gmail.com) lOMoARcPSD|9712768 Cal cul at et hemont hl yandt ot al i nt er es tpayment sdueont hef ol l owi ngl oan.Thet ot ali nt er es t pai d= Chooseoneans wer . Loandet ai l s Sel ectone: $3, 000 $3, 500 $4, 000 $5, 000 Quest i on9 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Ledgeraccount :Account sRecei vabl e Accountt ype: Sel ectone: Expense Li abi l i t y Pr opr i et or shi p As set Rev enue Quest i on1 0 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Whatt er mi susedt odescr i bet heav ai l abi l i t yoff undsi nabusi ness ? Chooseoneans wer . Downloaded by Geoffrey Walters (teachingservices.sydney@gmail.com) lOMoARcPSD|9712768 Sel ectone: As set s Li abi l i t y Li qui di t y Cr edi t Quest i on1 1 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext D.Whi t er ecei v edpr ogr esspayment sof$78, 000f ort hey earended,whi l ehi sexpensest ot al l ed $82, 000.Cal cul at et henetpr ofitf ort hebusi ness . TheNetPr ofit= Chooseoneans wer . Sel ectone: $3, 500 ( $3, 500) $4, 000 ( $4, 000) Quest i on1 2 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext DWhi t er ecei v edpr ogr esspayment sof$78, 000f ort hey earandhi sexpensest ot al l ed$82, 000. TheNetPr ofitRat i o= Chooseoneans wer . Sel ectone: 4. 00% ( 4. 00%) 5. 13% ( 5. 13%) Downloaded by Geoffrey Walters (teachingservices.sydney@gmail.com) lOMoARcPSD|9712768 Quest i on1 3 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Ledgeraccount :Cr edi t or s Accountt ype: Sel ectone: Pr opr i et or shi p Expense Rev enue Li abi l i t y As set Quest i on1 4 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Ledgeraccount :Cr edi t or s Nor malBal ance: Sel ectone: Cr edi t Debi t Quest i on1 5 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Downloaded by Geoffrey Walters (teachingservices.sydney@gmail.com) lOMoARcPSD|9712768 Ques t i ont ext Foreachoft hef ol l owi ngl edgeraccount s ,cl assi f yeachbyi ndi cat i ngt hei raccountt ype,andgi v e t henor malbal anceofeachaccount . Ledgeraccount :El ect r i ci t y Accountt ype: Sel ectone: Pr opr i et or shi p As set Rev enue Expense Li abi l i t y Quest i on1 6 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Ledgeraccount :PAYETaxPayabl e Accountt ype: Sel ectone: Pr opr i et or shi p Rev enue Expense Li abi l i t y As set Quest i on1 7 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Downloaded by Geoffrey Walters (teachingservices.sydney@gmail.com) lOMoARcPSD|9712768 I nor dert or educet her i s koffinanci alhar dshi pi nt ought i mesduet odebts er vi ci ng commi t ment s ,woul dt heowner sofabusi nessseeki ngf undsf orexpansi onpr ef eropt i onaorb? Sel ectone: admi tanewowneri nt ot hebusi nessr at hert hanusedebt usedebtr at hert hanadmi tanewowneri nt ot hebusi nes s Quest i on1 8 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Ledgeraccount :Mot orvehi cl es Accountt ype: Sel ectone: Rev enue Expense As set Li abi l i t y Pr opr i et or shi p Quest i on1 9 Compl et e Mar k5. 00outof5. 00 Fl agquest i on Ques t i ont ext Ledgeraccount :El ect r i ci t y Nor malBal ance: Sel ectone: Debi t Cr edi t Quest i on2 0 Compl et e Mar k5. 00outof5. 00 Downloaded by Geoffrey Walters (teachingservices.sydney@gmail.com) lOMoARcPSD|9712768 Fl agquest i on Ques t i ont ext Cal cul at et hemont hl yandt ot al i nt er es tpayment sdueont hef ol l owi ngl oan.Thet ot ali nt er es t pai d= Chooseoneans wer . Youcanuset het abl eat t achedt ocompl et et her educi ngbal ancel oancal cul at i ons .As sumet hat i nt er es ti scal cul at edont hemont hl yopeni ngbal ance. Loandet ai l s Document :Tabl e Sel ectone: $1, 501. 72 $2, 153. 56 $2, 345. 86 $1, 895. 83 Downloaded by Geoffrey Walters (teachingservices.sydney@gmail.com)
