a) Explain the nature of the following items and how they are increased or decreased i) Paid up capital ii) Retained profits b) Explain the meaning of i) Intangible assets ii) The difference between identifiable intangibles and unidentifiable intangibles c) Explain how accounts receivable is valued...

a i Paidup capital is the capital raised by a company through selling its shares Ownership units It ...

a) Explain the nature of the following items and how they are increased or decreased: i) Paid-up

Question:

a) Explain the nature of the following items and how they are increased or decreased:
i) Paid-up capital.
ii) Retained profits.
b) Explain the meaning of:
i) .
ii) The difference between identifiable intangibles and unidentifiable intangibles.
c) Explain how is valued in the balance sheet. Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...