课程名称︰ 会计学甲一上
课程性质︰ 国企系必修
课程教师︰ 金成隆
开课学院： 管理学院
开课系所︰ 国企系
考试日期（年月日）︰
考试时限（分钟）：
试题 :
一、 Kale Wilson, an auditor with Sneed Chartered Accountants, is
performing a review of Platinum Company's inventory account. Platinum
did not have a good year, and top mananger is under pressure to boost
reported income. According to its record, the inventory balance at
year-end was ￡740,000. However, the following information was not
considered when determining that amount.
1. Included in the company's count were goods with a cost of
￡250,000 that the company is holding on consignment, The goods
belong to Superior Company.
2. The physical count did not include goods purchased by Platinum
with a cost of ￡400,000 that were shipped FOB destination on
December 28 and did not arrive at Platinum's warehouse until
Janurary 3.
3. Included in the inventory account was ￡17,000 of office supplies
that were stored in the warehouse and were to be used by the
company's supervisors and managers during the coming year.
4. The company received an order on December 29 that was boxed and
sitting on the loading dock awaiting pick-up in December 31. The
shipper picked up the goods on Jaunary 1 and delivered them on
January 6. The shipping terms were FOB shipping point. The goods
had a selling price of ￡49,000 and a cost of ￡33,000. The goods
were not included in the count because they were sitting on the
dock.
5. Included in the count was ￡48,000 of goods that were parts for a
machine that the company no longer made. Given the high-tech
nature of Platinum's products, it was unlikely that these obsolete
parts had any other use. However, management would prefer to keep
them on the books at cost, "since that is what we paid for them,
after all."
Instrctions:
Prepare a schedule to determine the correct inventory amount.
二、 Sherper's Boards sells a snowboard, Xpert, that is popular with
snowboard enthusiasts. Information relating to Sheper's purchase of
Xpert snowboards during September is shown below. During the same
month, 121 Xpert snowboard were sold. Sherper's uses a periodic
inventory system.
Date Explanation Units Unit Cost Total Cost