DPA20043 : SUMMATIVE EXERCISE 1

If Karambunai Resort is one of our debtors, the most suitable account number should be:

• 4000/KR1

• 3010/000

• 3000/KR1

• 3001/000

Jessie Fashion House started its business on 01 January 2022. The company started using computerised system on 01 October 2022. If the company accounting year ended 31 December 2022, what is the period should be set in UBS Accounting system?

• Period : 1

• Period : 12

• Period : 10

• 01 October 2022

The following accounts have marked as SPECIAL ACCOUNT except:

• BANK

• CASH IN HAND

• RETAINED EARNINGS

• CLOSING STOCK

If Tokomoto Ltd is one of our creditors, the most suitable account number for this company should be:

• 3000/T01

• 4000/T01

• 6020/000

• 1000/000

V-EDIT Function is used to:

• edit single transaction

• edit and delete single transaction

• edit multiple transactions

• edit and delete multiple transactions

The most suitable account created for 9040/000 is:

• Sales

• Return Outwards

• Bank

• Travelling expenses

Account type for CURRENT ASSETS is:

• A

• D

• F

• M

Account type for SALES is:

• A

• H

• F

• M