Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

JUST NEED OPTION no need explain NO need for explanation i will rate you myelearning shct.edu.om/ Question 41 Not yet answered Marked out of 1.00

JUST NEED OPTION

no need explain

NO need for explanation

i will rate you

image text in transcribed
image text in transcribed
image text in transcribed
myelearning shct.edu.om/ Question 41 Not yet answered Marked out of 1.00 P Flag questic Which of the options is an example of liability? O a. Land O b. Building O c. Cash O d. Creditors Question 42 Not yet answered Marked out of 100 P Flag quest Which of the following is known to be the book of secondary entry? a. Cash book b. Trial balance c Journal d. Ledger Question 43 Not yet answered Marked out of 1.00 P Flag question Which of this best explains fixed assets? O a. Are amount owed to outsiders O b. Are bought to be used for personal purpose O c. Are of long life and are not purchased specifically for resale O d. Are items which will not wear out quickly Question 44 Not yet answered Marked out of 1.00 Flag question Which of the following account balance will be placed in the credit column of the trial balance? O a, Capital b. Salary O Cash O d. Debtors Flag question Marked out of 1000 Question 45 Not yet answered O c. Cash O d. Debtors Question 45 Not yet answered Marked out of 1.00 P Flag question Which of the following increase when business takes a loan from a bank? O a. Revenue O b. Liability O c. Equity O d. Sales Previous page

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Trusted Advisors Key Attributes Of Outstanding Internal Auditors

Authors: Richard F. Chambers, President And CEO Of The IIA

1st Edition

0894139819, 978-0894139819

More Books

Students also viewed these Accounting questions

Question

Who determines cultural and social norms?

Answered: 1 week ago