IPA IP 2025 Question 26
A question IPA Japan published in 令和7年度 ITパスポート試験 公開問題 問26, translated into English. ITPEC is based on the same exams.
From April 1 to May 31, there were Transaction ① through Transaction ⑤. When the status of order receipt, sales recording, and cash collection of each transaction is as shown in the table, what is the amount of accounts receivable from this customer as of May 31, in 10,000 yen? Here, there is no balance of accounts receivable as of April 1.
Explanation
2,300 — accounts receivable are sales already recorded whose cash has not yet been collected.
A receivable arises when the sale is recorded and disappears when the cash is collected; an order received creates none. As of May 31, in 10,000 yen:
- •Transaction ①: 800 recorded on April 10, collected on April 30, so 0 remains
- •Transaction ②: 500 recorded on April 15, collected on April 30, so 0 remains
- •Transaction ③: 1,300 recorded on May 10, collection due June 30, so 1,300 remains
- •Transaction ④: 1,000 recorded on May 15, collection date not set, so 1,000 remains
- •Transaction ⑤: only the order on May 20, no sale recorded, so 0
Accounts receivable: 1,300 + 1,000 = 2,300.
Answer (c)
Why not others:
- •(a) 1,000 — counts only ④ and drops ③, as if a scheduled collection were already received; on May 31 it is still unpaid
- •(b) 1,400 — ④ plus ⑤'s 400: drops ③ and adds an order that is not yet a sale
- •(d) 2,700 — adds ⑤'s 400, but an order received is not a sale until it is recorded as one
Key rule: Accounts receivable = sales recorded − cash collected; an order adds nothing until the sale is recorded, and a planned collection date reduces nothing until the cash arrives.
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This question comes from the past questions IPA Japan publishes, translated into English by ITPEC Practice. ITPEC Practice is an independent study tool and is not affiliated with IPA or ITPEC. See the original paper (PDF) or Report an issue.