m. 27/7/2021 Sound Which of the following is incorrect: Multiple Choice Managerial accounting provides information needed for external users to make decisions Entities formed as Corporations have limited liabilities The IASB is responsible for the issuance of the IFRS All of the answers are correct. X c 0 FE FE FO 4 3 6 8. 7 8 E R T Y U Select a transaction that effects the accounting equation as follows: Hint "The company provides services" indicates that the work is completed Transaction Effects a. The owner withdraws cash from the business b. The company provides services for canh The company purchases equipment for cash d. The owner invests cash in the business 0. The company pays canh toward an account payable The company receives cash from an accounts receivable, m. 27/7/2021 Sound Which of the following is incorrect: Multiple Choice Managerial accounting provides information needed for external users to make decisions Entities formed as Corporations have limited liabilities The IASB is responsible for the issuance of the IFRS All of the answers are correct. X c 0 FE FE FO 4 3 6 8. 7 8 E R T Y U Select a transaction that effects the accounting equation as follows: Hint "The company provides services" indicates that the work is completed Transaction Effects a. The owner withdraws cash from the business b. The company provides services for canh The company purchases equipment for cash d. The owner invests cash in the business 0. The company pays canh toward an account payable The company receives cash from an accounts receivable