Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help? Decide whether following accounting operations are connected with costrevenue for a company and when cost or revenue occur. Fill in the table. 1.

please help?
image text in transcribed
Decide whether following accounting operations are connected with costrevenue for a company and when cost or revenue occur. Fill in the table. 1. Compaty recehved an invexe for electricity. It will be pail next month 2. Payroll was prepared. Salaries were paid immediately 3. Company sold with deferred payment finishod products and isood an invoce. 4. Company recerved donation fie eperating activities. 5. Company obained a hank loan Cahh was trassfetred on bank acceunt. 6. Batk informed ahoud calculating inceres en a bank boge fability. 7. New mackiacry has been bought. 8. Mackinery has bect takeat into active use and deprociation for a piven moeth has bect kalcelated. 9. Company paid an instalment of a buakk loan. 10. Compancy paid interests en a bank loan cakulated in the previeus period. 11. Half of compumy's rectivalder have beet paiu. 12. Cothpany gave materials to anotber company froc of charpe. 13. Company perchased raw materials for productosn 14. Compuny und raw imalceials foe peoduction 15. Campany boueho joowles far resale ast pot thert to warchouse. 16. Company sold half of its goods for resale and issued an invoise. 17. Compuay paid a selcphobe bill received in the previoen moeth. 1s. Company reconded and goid divilknds to its shareholderi. 19. Company recewed dividond doe 10 invettment in anoeler company

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

Step: 3

blur-text-image

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

Murder Audit

Authors: Michelle Cornish

1st Edition

ISBN: 1775083624, 978-1775083627

More Books

Students also viewed these Accounting questions