Question 1 Accounting

6 Which of the following provides details about the movement of money with regard to investing and financing activities? a. Balance Sheet b. Income Statement c. Cash Flow Statement d. None of the above 7. When preparing financial statements, creditors will be reflected as: a. Trade and other receivables b. Trade and other Payables c. Equity d. Other income 8 Which of the following is not an asset? a. Buildings b. Land c. Cash d. Loan from the bank 9 Which of the following is a liability? a. Buildings b. Land c. Cash d. Loan from the bank 10 The following are the assets and liabilities of Today Traders. What is the amol VehiclesTradingStockRInvestmentsRTradeDebtorsRTradeCreditorsR4000010000120000R100000140000 a. R200000 b. R210000 c. R220000 d. R100000