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Multiple Choice Practice

The document contains financial data from multiple companies and individuals including year-end balances, interest, salaries, profits, capital balances, and expenses. It shows calculations for determining totals, remainders, and profits over different periods of time for groups and individuals. The data comes from different dates ranging from June 30, 2018 to October 31, 2018.

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13K views3 pages

Multiple Choice Practice

The document contains financial data from multiple companies and individuals including year-end balances, interest, salaries, profits, capital balances, and expenses. It shows calculations for determining totals, remainders, and profits over different periods of time for groups and individuals. The data comes from different dates ranging from June 30, 2018 to October 31, 2018.

Uploaded by

spp
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
  • Financial Summary Part 1: Summary of financial data for several individuals, detailing year-end balances, salaries, and profits.
  • Financial Summary Part 2: Continues financial summary with capital balances and total profits for additional individuals.
  • Answer Key: Provides answers to a multiple choice questionnaire, relevant for financial summary interpretation or assessment.

Ceradoy Manongsong Anuran Total

year-end balances 200000.00 150000.00 120000.00 470000.00


8% interest 16000.00 12000.00 9600.00 37600.00
salary 80000.00 80000.00
remainder 361200.00 240800.00 120400.00 722400.00
Profit 377200.00 332800.00 130000.00 840000.00

Malaluan Baral Castro Total


annual salaries 20000.00 12000.00 32000.00
remainder 224000.00 112000.00 112000.00 448000.00
profit jan 1 224000.00 132000.00 124000.00 480000.00

Malaluan Baral Total


remainder 288000.00 192000.00 480000.00
profit 288000.00 192000.00 480000.00
total profit june 30 512000.00 324000.00 124000.00
256000.00 162000.00 62000.00

Profit 06/30/2018 Profit 10/31/2018


Total profit: 220000.00 220000.00
Salaries:
Martinez -20000.00
Magsino -10000.00
Expenses -40000.00
Total 150000.00 220000.00

Refozar Martinez Magsino Total


Salary 20000.00 10000.00 30000.00
Profit 06/30/2018 90000.00 30000.00 30000.00 150000.00
Profit 10/31/2018 110000.00 66000.00 44000.00 220000.00
Total 200000.00 116000.00 84000.00 400000.00

Rubio Bisana Total


capital balances 200000.00 100000.00 300000.00
salaries 20000.00 20000.00
interest 7500.00 7500.00
remainder -79375.00 -79375.00 -158750.00
148125.00 20625.00 168750.00

Rubio Bisana Total


capital balances 100000.00 100000.00
remainder 34375.00 34375.00 68750.00
34375.00 134375.00 168750.00
Total 182500.00 155000.00 337500.00

Villanueva Mulles Lucena Total


Profit 10/31/2017 180000.00 120000.00 300000.00
Profit 06/30/2018 180000.00 135000.00 135000.00 450000.00
360000.00 255000.00 135000.00 750000.00
expenses 340000.00 225000.00

Profit 10/31/2017 Profit 06/30/2018


Total profit: 300000.00 450000.00
expense -50000.00
300000.00 400000.00

Figuera Aguhob Doblas Total


Profit 06/30/2018 80000.00 40000.00 120000.00
Profit 10/31/2018 60000.00 36000.00 24000.00 120000.00
Total 140000.00 76000.00 24000.00 240000.00
Doblas inadequate profit -1000.00 1000.00
Total 139000.00 76000.00 25000.00 240000.00
Multiple Choice
1.A
2.A
3.B
4.A
5.C
6.B

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