Question
multiple choice cash generated from the operations is reflected in the a. statement of cash flows b. statement of changes in equity c. statement of
multiple choice cash generated from the operations is reflected in the a. statement of cash flows b. statement of changes in equity c. statement of financial position d. statement of comprehensive income
when depreciation is calculated on the carrying value of an asset, it means that the _______ method of depreciation used. a. fixed installment b. straight -line c. diminishing balance d. sum of digits
______ will not be reflected in the statement of comprehensive income of a business entity. a fixed deposit b. loss on disposable of asset c trading inventory deficit d. consumable stores
which 1 of the following will not appear in a pre adjustment trial balance of a sole trader a. accumulated depreciation on vehicles b. provision for bad debts c. accured income d. drawings
which 1 of the ffg is not classified as an income a. provision for bad debts adjustment b. interest on debit bank balance c. sales d. bad debts recovered
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