39 What is the goal of a business organisation?

Select one:

a Liquidity, profit and value maximization

b Profit maximization

c Value maximization

d Liquidity

38 If total liabilities decreased by 40.000 TL and equity increased by 50.000 TL during a period of time, then total assets must change by what amount and direction during that same period?

Select one:

a 10.000 TL increase

b 90.000 TL increase

c 10.000 TL decrease

d 90.000 TL decrease

37 At 1 December 2018, GB Companys accounts receivable beginning balance was 7.200 TL. During December, GB had revenues on account of 30.000 TL and collected (received) accounts receivable of 24.000 TL. At 31 December 2018, the accounts receivable ending balance is

Select one:

a 23.200 TL debit.

b 13.200 TL debit.

c 7.200 TL debit.

d 13.200 TL credit.

36 Which one of the following is related to financial accounting?

Select one:

a Provide information about planned sales

b Provide information about desired profit

c Provide information about target cost

d Provide useful financial information to outsiders