Question No: 36 ( Marks: 1 ) - Please choose one
How would the purchase of merchandise on account be represented in the buyer's records?
► Increase assets and increase expenses
► Increase assets and increase liabilities
► Increase liabilities and increase paid-in capital
► Increase liabilities and decrease assets
YAR if 2nd option is correct then
main agar merchandise purchase karta hun... to Inventory Debit, (Increase Asset)..... bt Liability konsi increase huwi :-s
-----MBA 3rd (Finance),Imran Ali,"The Hardest Part About Losing Love;IS FINDING YOUR WAY BACK".Keep Smiling :)
On Wed, Feb 16, 2011 at 4:52 PM, Asad Munir <mc090402550@gmail.com> wrote:
► The effect of revenues and expenses in the owner's equity
2011/2/16 ●๋•ιмяαη αℓι●๋• <candle.in.winds@gmail.com>
► The effect of revenues and expenses in the owner's equity
-----MBA 3rd (Finance),Imran Ali,"The Hardest Part About Losing Love;IS FINDING YOUR WAY BACK".Keep Smiling :)On Wed, Feb 16, 2011 at 4:06 PM, Balsam <balsam.tulip@gmail.com> wrote:
PLEASE ANSS??????
Which of the following explains the debit and credit rules relating to recording
revenues and expenses?
► Realization and matching principle
► The effect of revenues and expenses in the owner's equity
► Expenses appear on the left side of the income statement
► Liabilities are recorded as debit on the balance sheet
On Wed, Feb 16, 2011 at 3:57 PM, Balsam <balsam.tulip@gmail.com> wrote:
Asad i hope and trust u r a genius Student So please guide us
with confirm answers. we hope better expectation from your talent. Will be thanks for it.--
On Wed, Feb 16, 2011 at 3:50 PM, Balsam <balsam.tulip@gmail.com> wrote:
Thanks to All
2011/2/16 LAIBA BUTT <laiba.butt98@gmail.com>
YUP ITS THE RIGHT ANSWER:
--► An increase in competition in the company's main product marketCONFIRMED
-----MBA 3rd (Finance),Imran Ali,"The Hardest Part About Losing Love;IS FINDING YOUR WAY BACK".Keep Smiling :)
On Wed, Feb 16, 2011 at 2:11 PM, Balsam <balsam.tulip@gmail.com> wrote:
► An increase in overhead expenses
Asad is it Right Ans???? confirmation
On Wed, Feb 16, 2011 at 1:29 PM, Asad Munir <mc090402550@gmail.com> wrote:
► An increase in overhead expenses► The payment of dividends is not directly related to the profits of a given
period
On Wed, Feb 16, 2011 at 12:09 PM, Balsam <balsam.tulip@gmail.com> wrote:
A company experiences a dramatic fall in its gross profit ratio. This could be the
result of which of the following?
► An increase in competition in the company's main product market
► An increase in the incidence of bad debts
► An increase in overhead expenses
► An increase in demand for the company's products
Which one of the following statements is TRUE regarding distributions to
stockholders?
► The payment of dividends is not directly related to the profits of a given
period
► Shareholders can individually decide on their distributions
► To receive a corporate dividend, stock must be owned on the date of
declaration
► Corporate dividends reduce contributed capital and therefore, stockholders'
equity
On Wed, Feb 16, 2011 at 12:23 PM, Asad Munir <mc090402550@gmail.com> wrote:
Investments
--
On Wed, Feb 16, 2011 at 11:14 AM, Balsam <balsam.tulip@gmail.com> wrote:
Which of the following items are NOT added back to the net income figure (which
is found on the Income Statement) to arrive at cash flows from operations?
Depreciation
Deferred tax
Amortization
Investments
--
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*Bilal*
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