Question
Answer ALL questions. QUESTION 1 Define a) Bad debts. b) Prepaid expenses. c) Accrued expenses. QUESTION 2 List two (2) types of profit. QUESTION
Answer ALL questions. QUESTION 1 Define a) Bad debts. b) Prepaid expenses. c) Accrued expenses. QUESTION 2 List two (2) types of profit. QUESTION 3 (3 marks) (4 marks) State the effect on the accounting equation for purchases of RM50,000 by Fayyad from the business, if the business received only RM40,000 cash from Fayyad. (3 marks)
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
978-0132575959
