just answer question 7 plz

Sometimes the partnership agreement may specify that interest is to be charged on partner's drawings. Which of the following the main reason for such a charge? Select an answer and submit. For keyboard ruvigation, use the up/down arrow keys to select an answer To reduce partnership profits b To act as a disincentive to partners withdrawing excessive amounts from the partnership To reward partners d To encourage partner's to draw extra amount Unanswered Save 05 How many of the following are reasons for a company to declare a share dividend (bonus issue)? To reduce the market price of their shares To capitalise the retained earnings of the company . To conserve cash Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer 0 b 1 C2 Which statement relating to reserve is not true? Select an awer and submit. Por keyboard navigation, use the up/down arrow keys to select an awet. They represent cash set aside to be drawn on in hard times b They represent items of equity other than share capital Retained earnings is a type of reserve account d When a non-current asset is revalued upwards, a revaluation reserve is created Unanswered Save Q7 Under IAS 1/AASB 101 Presentation of Financial Statements which format is prescribed for the statement of financial position? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Assets - Liabilities - Equity b Assets = Equity + Liabilities C Equity = Assets - Liabilities d No one format is prescribed expenses are called into the group cost of sales, selling expense, administrative expenses and an expenses, unders 1/MS 101 Presentation of Financial Statements they we cansified by: Select and submit. Forkyboard notion, the poem way to select Nature Function Liquidity d Tangibility Unanswered 09 The statement concerning the concept of cash adopted by AS 7/AASB 107 Statement of Cash Flows that is incorrect is Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. Tragsfers between items included in the definition of cash and cash equivalents are not reported in the statement of cash flows a b As a general rule liquid investments with a term of three month or less, with insignificant risk of changes in value, fall within the definition of cash or cash equivalents Accounts receivable are generally included in the definition of cash and cash equivalents Seed wer subst. For keyboard vition, use the up/down why to when we Transfers between items induded in the definition of cash and cash equivalents are not reported in the statement of cash flows b As a general rule liquid investments with a term of three month or less, with insignificant risk of changes in value, tall within the definition of cash or cash equivalents c Accounts receivable are generally included in the definition of cash and cash equivalents d Depending on the conditions that apply, a bank overdraft may be treated as a financing activity Unanswered 010 The statement concerning the treatment of the purchase and sale of non-current assets in a statement of cash flows that is incorrect is: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select annet a The carrying value of a non-current asset that has been sold is treated as an investing outflow b The proceeds of sale from a non-current asset are treated as an investing inflow The cash purchase of a non-current asset is treated as an investing outfiow d Inflows and outflows for the purchase and sale of non-cument assets must not be netted off against each other