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

CIMA Exam CIMAPRA17-BA3-1 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

Contribute your Thoughts:

Flo
10 months 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
9 months ago
C) $36,000
upvoted 0 times
...
Joaquin
10 months ago
B) $45,000
upvoted 0 times
...
Leontine
10 months ago
A) $51,000
upvoted 0 times
...
...
Marta
10 months 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
11 months 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
9 months ago
Well, we'll find out soon enough. Let's see if C is the correct answer.
upvoted 0 times
...
Alisha
9 months ago
I'm sticking with my gut on this one, C, $36,000.
upvoted 0 times
...
Martha
10 months ago
User3: I agree with User2, I think it's B) $45,000.
upvoted 0 times
...
Margret
10 months ago
I'm not so sure, I'm leaning towards A, $51,000.
upvoted 0 times
...
Georgene
10 months ago
User2: I'm not so sure, I'm leaning towards B) $45,000.
upvoted 0 times
...
Sharee
10 months ago
I think it's A) $51,000.
upvoted 0 times
...
Fairy
10 months ago
I think you might be right, C does seem like the most logical choice.
upvoted 0 times
...
...
Lucina
11 months ago
I'm not sure, but I think the answer is A) $51,000 based on the information provided.
upvoted 0 times
...
Loise
11 months ago
I agree with Jutta, because the total sales for January is $51,000.
upvoted 0 times
...
Jutta
11 months ago
I think the answer is A) $51,000.
upvoted 0 times
...
Lashawnda
11 months 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
10 months ago
Great, thanks for clarifying that. B) $45,000 it is.
upvoted 0 times
...
Florinda
10 months ago
Oh, I see. In that case, the correct answer would be B) $45,000.
upvoted 0 times
...
Trinidad
10 months ago
But the question is asking for the total value to post to the sales account, not cash receipts.
upvoted 0 times
...
Vanesa
11 months ago
I think the total sales for January 20X6 is $45,000.
upvoted 0 times
...
...
Reita
11 months 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
11 months 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
11 months ago
Yeah, you're right! It's definitely A) $51,000.
upvoted 0 times
...
...

Save Cancel