Multiple Choice
Which of the following is correct?
A statement of financial position has the following sub-headings:
A) Non-current assets, Current assets, Owners' capital, Non-current liabilities, Current liabilities
B) Current assets, Income, Non-current assets, Owners' capital, Non-current liabilities
C) Owners capital, Non-current liabilities, Current liabilities, Current assets,
D) Liabilities, Assets, Non-current income, Non-current expenditure, Owners capital
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Which of the following documents is not
Q2: Which of the following may be classified
Q3: A partnership is:<br>A) When two or more
Q4: In accounting the term 'purchases' means:<br>A) All
Q6: Which of the following should not appear
Q7: Which of the following should appear in
Q8: Which of the following should appear in
Q9: The book value of non-current assets is:<br>A)
Q10: In a statement of financial position for
Q11: The accumulated depreciation on non-current assets is:<br>A)