Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIMAPRA17-BA3-1 Exam - Topic 4 Question 101 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 101
Topic #: 4
[All CIMAPRA17-BA3-1 Questions]

LMN's totals for its sales day book and its cash receipts book for the month ended 31 January 20X6 are as follows

What is the total value for sales that LMN will post to the sales account in the nominal ledger for January 20X6?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Amber at Sep 14, 2024, 02:24 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA3-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Samuel
4 months ago
Nah, it’s definitely $36,000, I checked the figures!
upvoted 0 times
...
Kristofer
5 months ago
I think it's $45,000 based on the cash receipts.
upvoted 0 times
...
Tequila
5 months ago
Wait, are we sure about that? Seems high to me.
upvoted 0 times
...
Jutta
5 months ago
Totally agree, that makes sense with the numbers.
upvoted 0 times
...
Kimberely
5 months ago
LMN's sales total is $51,000 for January!
upvoted 0 times
...
Alana
6 months ago
I thought we only posted the sales from the sales day book, but I’m not entirely sure if that’s the case here. I need to review the rules again.
upvoted 0 times
...
Ceola
6 months ago
I feel like the answer might be $51,000, but I’m not completely confident. I need to double-check how returns affect the total.
upvoted 0 times
...
Ashton
6 months ago
This seems similar to a practice question we did last week. I think the total sales should be the sum of both books, but I can't recall the exact numbers.
upvoted 0 times
...
Christiane
6 months ago
I remember we discussed how to calculate total sales from both the sales day book and cash receipts book, but I'm not sure how to combine them correctly.
upvoted 0 times
...
Dona
6 months ago
Okay, I've got this. The key is to focus on the information provided - the sales day book and cash receipts book totals. I just need to add those two numbers together, and that will give me the total sales value that LMN will post to the sales account. Simple enough, as long as I don't mess up the arithmetic.
upvoted 0 times
...
Madonna
6 months ago
Hmm, this seems straightforward enough. I just need to add the sales day book total and the cash receipts book total to get the final sales amount. Shouldn't be too difficult as long as I don't make any silly mistakes with the numbers.
upvoted 0 times
...
Denae
6 months ago
Okay, let's see. The question is asking for the total value of sales that LMN will post to the sales account in the nominal ledger for January 20X6. The information provided includes the totals for the sales day book and cash receipts book. I think I need to add those two numbers together to get the total sales value.
upvoted 0 times
...
Markus
6 months ago
I'm a bit confused by this question. Do I need to do anything else besides just adding the two numbers together? The wording is a bit tricky, and I want to make sure I'm not missing something. I'll double-check my work, but I think adding the sales day book and cash receipts book totals is the way to go.
upvoted 0 times
...
Flo
1 year ago
Seriously, who came up with these options? They're all over the place. This is like the accounting version of 'Who Wants to Be a Millionaire?'.
upvoted 0 times
Tish
1 year ago
C) $36,000
upvoted 0 times
...
Joaquin
1 year ago
B) $45,000
upvoted 0 times
...
Leontine
1 year ago
A) $51,000
upvoted 0 times
...
...
Marta
2 years ago
Wow, this is a real head-scratcher. I'm just going to close my eyes and pick one. *blindly points* Ah, D it is! Fingers crossed!
upvoted 0 times
...
Richelle
2 years ago
Hold on, this is too easy. There's gotta be a catch. I'm going with C, $36,000. That's my final answer, Regis!
upvoted 0 times
Tyra
1 year ago
Well, we'll find out soon enough. Let's see if C is the correct answer.
upvoted 0 times
...
Alisha
1 year ago
I'm sticking with my gut on this one, C, $36,000.
upvoted 0 times
...
Martha
1 year ago
User3: I agree with User2, I think it's B) $45,000.
upvoted 0 times
...
Margret
1 year ago
I'm not so sure, I'm leaning towards A, $51,000.
upvoted 0 times
...
Georgene
1 year ago
User2: I'm not so sure, I'm leaning towards B) $45,000.
upvoted 0 times
...
Sharee
1 year ago
I think it's A) $51,000.
upvoted 0 times
...
Fairy
1 year ago
I think you might be right, C does seem like the most logical choice.
upvoted 0 times
...
...
Lucina
2 years ago
I'm not sure, but I think the answer is A) $51,000 based on the information provided.
upvoted 0 times
...
Loise
2 years ago
I agree with Jutta, because the total sales for January is $51,000.
upvoted 0 times
...
Jutta
2 years ago
I think the answer is A) $51,000.
upvoted 0 times
...
Lashawnda
2 years ago
Wait a minute, the question is asking for the total sales, not the cash receipts. I think B is the correct answer here, $45,000.
upvoted 0 times
Dusti
1 year ago
Great, thanks for clarifying that. B) $45,000 it is.
upvoted 0 times
...
Florinda
1 year ago
Oh, I see. In that case, the correct answer would be B) $45,000.
upvoted 0 times
...
Trinidad
2 years ago
But the question is asking for the total value to post to the sales account, not cash receipts.
upvoted 0 times
...
Vanesa
2 years ago
I think the total sales for January 20X6 is $45,000.
upvoted 0 times
...
...
Reita
2 years ago
Hmm, let me see. The total cash receipts for January is $51,000, so it's gotta be A, right? That's a no-brainer!
upvoted 0 times
Yolande
2 years ago
Agreed, the total value for sales that LMN will post to the sales account in the nominal ledger for January 20X6 is $51,000.
upvoted 0 times
...
Maile
2 years ago
Yeah, you're right! It's definitely A) $51,000.
upvoted 0 times
...
...

Save Cancel