Question 4 Incorrect Mark o out of 1 O p Flag question Which one of the following accounts or set of accounts is debited when a note receivable is dishonored at maturity? a. Notes Receivable and Interest Receivable b. Accounts Receivable X c. Notes Receivable and Interest Income d. Notes Receivable Question 3 Incorrect Mark O out of 1 p Flag question Including an element of financial statements in the financial statements is called; a. Recognition b. De-recognition c. Recording d. Reporting Question 2 Incorrect Mark O out of 1 p Flag question Under the concept of Financial Capital Maintenance, profit is considered earned during the period only if; a. The operating capacity of the company at the end of the period exceeds its beginning capacity after excluding any distributions to and contributions from owners during the period. b. The amount of net assets at the end of the period exceeds its beginning amount after excluding any distributions to and contributions from owners during the period. C. The physical productive capability of X the company at the end of the period exceeds its beginning capacity after including any distributions to and contributions from owners during the period. d. The financial amount of the net assets