Subject: Accounting Fundamentals

[Note: Who give me fast answer within 1h then you can solve my question. Otherwise You don't take it. If you give me answer within 1h So I will give you positive rating.]

users. (b) Answer the following: [06] i. External users of accounting include- ii. Managerial accounting provides information to iii. Accounting only records events which iv. Prepaid expense is a liability. (True/ False) Give tick marks v. Assets are $ 30000; Liabilities are 60% of assets, what is the value of owner's equity? vi. Owner's drawing account is debited when owner of the business- vii. Double entry system was introduced in the year viii. Accounting means recording of transactions. (True/False) Give tick marks