Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 14, 2024

When a fixed asset is bought as hire purchase, interest element is classified under and loan element is classified under__. a.Operating activities, financing activities

When a fixed asset is bought as hire purchase, interest element is classified under ______ and loan element is classified under________.

a.Operating activities, financing activities

b.Financing activities, investing activities

c.Investing activities, operating activities

d.None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

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

Ethics in Accounting A Decision Making Approach

Authors: Gordon Klein

1st edition

1118928334, 978-1118928332

More Books

Students also viewed these Accounting questions

Question

★★★★★

The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week or so, and the applicants all seem to bring different levels of...

Answered: 1 week ago

Question

★★★★★

5.9 Nuclear war You are asked to use your best judgment to estimate the probability that there will be a nuclear war within the next 10 years. Is this an example of relative frequency or subjective...

Answered: 1 week ago

Question

★★★★★

=+a) Which time series components seem to be present? The method of moving averages was applied to these data. Here are time series graphs showing moving average results using two different lengths....

Answered: 1 week ago

Question

★★★★★

Clark Company acquires an 80% interest in Hebron Company common stock for $400,000 cash on January 1, 2011. At that time, Hebron Company has the following balance sheet: Appraisals indicate that...

Answered: 1 week ago

Question

★★★★★

Profits have been decreasing for several years at Pegasus Airlines. In an effort to improve the companys performance, the company is thinking about dropping several flights that appear to be...

Answered: 1 week ago

Question

★★★★★

Define the term opportunity cost, and give an example of one Define the term opportunity cost, and give an example of one.

Answered: 1 week ago

Question

★★★★★

The length of the winning word in the National Spelling Bee is approximately normally distributed with a mean of 9 and standard deviation of 2. (a) Where on the standard normal curve would a word...

Answered: 1 week ago

Question

★★★★★

Which musical has a participatory Be - In as its finale? Select one: Spring Awakening American Idiot Hair Hedwig and the Angry Inch

Answered: 1 week ago

Question

★★★★★

employees at the plants are also shown. These data are as follows: MEdiCEll $7,400 $14,400 $12,300 $6,200 $3,100 Employees 123 402 256 109 67 a. Compute the weighted mean medical payments for these...

Answered: 1 week ago

Question

★★★★★

The bar shown in Fig. 11.12(a) is attached at its ends to unyielding supports. There is no initial stress in the bar. A force P is then applied as shown. (a) What are the forces in the steel and...

Answered: 1 week ago

Question

★★★★★

A supplier to an OEM company is going to use Scrum to develop a system. The Manufacturing company has laid out 245 functional requirements and 19 external interface requirements. The supplier has...

Answered: 1 week ago

Question

★★★★★

A High Reliability Organization (HRO): Group of answer choices was developed by William Heinrich and performs low-risk work without catastrophic events. creates safety policies based on near-miss...

Answered: 1 week ago

Question

★★★★★

3. Imagine a communication situation at work or at home where you felt that you were locked (inflexible). Reflect on three alternative strategies that could have led to you becoming more flexible,...

Answered: 1 week ago

Question

★★★★★

4. In the next communication situation you are in, already think through three different communication strategies, which will make you achieve greater flexibility. Then practice on these as soon as...

Answered: 1 week ago

Question

★★★★★

2. Now imagine a real situation in your workplace or home situation where someone gives you feedback. a. Did you perceive the feedback as a hidden criticism? b. Did you perceive the feedback as a...

Answered: 1 week ago

Previous Question Next Question