Re: ::::IIVU ASKARII:::: ANS?????

Dear thats Ans is 1st option. But there is little confusion ok.But Other 3 can not...ok

2011/2/16 ●๋•ιмяαη αℓι●๋• <candle.in.winds@gmail.com>

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

w8 mje ratta laganay do ab.....

entry would be
Debit Merchandise (Increases Asset)
Credit A/C Payable (Increased Liability)

WOW.... its looking OK.... Means 2nd option is correct.... thnx

and 2nd mcq ka kiya ab??

-----

Imran Ali,

MBA 3rd (Finance),

"The Hardest Part About Losing Love; 

IS FINDING YOUR WAY BACK".

Keep Smiling  :)

On Wed, Feb 16, 2011 at 5:47 PM, MAHA SHAH <maha.shah.askari@gmail.com> wrote:

imran agar as a buyer dekhtay ho tu ye theak ha
2nd option ► Increase assets and increase liabilities
coz apne asset purchaese kia tu asset increase but credit pe lia tu accounts payable increase means liability increase

2011/2/16 ●๋•ιмяαη αℓι●๋• <candle.in.winds@gmail.com>

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

-----

Imran Ali,

MBA 3rd (Finance),

"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

-----

Imran Ali,

MBA 3rd (Finance),

"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 market

CONFIRMED

-----

Imran Ali,

MBA 3rd (Finance),

"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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ADMIN GIRLS

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