FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- question 2 choose the correct answer from the choicesarrow_forwardI need the answer as soon as possiblearrow_forwardPlease answer the following question Must choose from the following LIST OF ACCOUNTS: Accounts Payable Accounts Receivable Accumulated Amortization - Copvrights Accumulated Amortization - Customer Database Accumulated Amortization - Customer lists Accumulated Amortization - Development Costs Accumulated Amortization - Franchises Accumulated Amortization - Licences Accumulated Amortization - Patents Accumulated Amortization - Software Accumulated Amortization - Trademarks Accumulated Depreciation Accumulated Impairment Losses - Copyrights Accumulated Impairment Losses - Goodwill Accumulated Impairment Losses - Licences Accumulated Impairment Losses - Patents Accumulated Impairment Losses - Trade Names Accumulated Impairment Losses - Trademark Administrative Expenses Advances to Employees Advertising Expense Allowance for Doubtful Accounts Amortization Expense Bad Debt Expense Bank Loans Buildings Cash Common Shares Cost of Goods Sold Depreciation Expense Equipment Gain on Disposal…arrow_forward
- please answer this 2 ( not hand writing) Q1: What are depreciation areas? Why are different depreciation areas necessary? Q2: What are charts of accounts and the general ledger? How are they related?arrow_forwardDiscussionarrow_forwardWhat does improper utilization of resources and over investment in assets indicate? A Low Return on Investment B. Low Sales C. High Sales D. Depreciation of Assetsarrow_forward
- I need the answer as soon as possiblearrow_forwardNOI is important because you calculate your:a. Tax liabilityb. Value and financingC. Both a & bd. None of the above NPV is a greata. Way to determine if it is the IRRb. Analytical toolC. Negotiating toold. Determine leverage. Real estate is a:a. Cash flow businessb. An easy entry businessc. Risk for profit businessd. All of the above Points increasea. The lenders yieldb. Bowers cost of financingC. Both A & Bd. Monthly paymentsarrow_forward8. In Investing Activities, the gross fixed assets has to added back with depreciation. a. True b. False If your answer is false, what is the correct answer:arrow_forward
- I asked this question just earlier and received an inadequate answer that was not thorough or complete. I need to know the exact order of Assets and how they are recorded. Example I know Current Assets are listed first in order of Liquidity. I though Long Term Assets were next. So now I am confused. I am pasting the answer the prior individual gave me. Please make any corrections and be as clear as possible with terminology and provide examples. So I need a complete list of how Assets are recorded what they are called and examples of each type of Asset."Yes, There is a proper order of listing assets, current assets comes first in the order of liquidity and the comes the long term investment, fixed assets, intangibles.Tangibles and intangles assets are covered under Long term assets."arrow_forward5) Is the cost method of valuation always reliable? What can be done to make the valuations estimated using the cost method more reliable?arrow_forwardA 28. Subject:- financearrow_forward
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