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Assets
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Questions (124)
Define the term assets and give two examples of the assets which your business needs
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Make it short.. name two different types of assets and liabilities and give an example for each
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What is inventory?
Assets or income
1 answer
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Is Purchased good for cash an asset in accounting?
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QUESTION 7
Categorise the following: Income receivable Assets Liability Income Expenses
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What's the difference between trade receivable and account receivable in accounting?
1 answer
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Categorise the following:
Prepaid expenses Assets Liability Income Expense
1 answer
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Jon's house is worth $180,000 and he owes $142,500 on it. Which statement best describes how this affe net worth?
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y might sell its receivables to another company.
5. XYZ Enterprises owns the following assets at December 31, 2015. Cash in
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Eyasu Eyasu
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Laura could sell her car for $18,000, and she owes $5,500 on it. Which statement best describes how this situation affects her
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Fixed assets defined
1 answer
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Which is NOT examples of current assests
Bank Petty cash Trading stock Land and buildings
1 answer
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Svunokuhle
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dollars.
The highest value of total assets that the company had over its entire history was (1 point) Responses 10 10 10.4 10.4
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What term is used for the goods that we own
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What term is used for the things that are only temporary in nature and can be converted into cash in a year
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a.
Inventory b. Foreign Trade Payable c. Property, Plant and Equipment d. None of the above is correct.
1 answer
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Which of the following us a current asset
A. Cash B. Furniture and fitting C. Goodwill D. Land and building E. Plant and
1 answer
asked by
Desi Brown
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Which of the following is an asset
A. Accrual B. Creditor C. Loan D. Overdraft E. Stock
1 answer
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Desi Brown
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4. Gateway Travel provided travel services to its clients on credit and recorded revenues of K 28 000. The business’ asset
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Property owned by a person or company that has value
Responses Creditor Creditor Asset Asset Liability Liability Domain
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Unknown
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Property owned by a person or company that has value
The answers are: Creditor Asset Liability Domain
1 answer
asked by
Unknown
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Property owned that you cannot touch like a poem
The answers are: Tangible assets Intangible assets Copyright Authentication
1 answer
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Unknown
2 views
Is petty cash a current or non current asset
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Drawings comes under which accounting element
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Parent Categories (29)
Accounting
Accounting/Finance
Balance Sheet
Balance Sheet Analysis
Balance sheet, Sub-sub-category: Assets
Balance Sheets
Banking
Budgeting
Business
Business and Finance
Business Studies
Collateral
Comparative Balance Sheet
Economics
Finance
Finance and Accounting
Financial
Financial Accounting
Financial accounts
Financial Analysis
Financial Information
Financial statements
Financial Transactions
Investment
Personal Finance
Personal Finances
Record keeping
Saving and Investing
Transportation