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Under PFRS 9, bond investments held for collection of contractual
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- 9.When the Indirect Method is used to prepare the Statement of Cash Flows, the amortization of a premium in bonds payable is taken into account when computing the cash that comes from Select one: a. investment activities. b. operational activities. c. operational activities and financing activities. d. financing activitiesDemonstrate how to identify and account for debt investments classified for reporting purposes as held-to-maturity.The ratio establishes the relationship between fixed assets and long-terms funds is [A] current ratio [B] fixed assets ratio [C] fixed assets turnover ratio [D] debt equity ratio
- Why are investments in marketable securities shown sepa-rately from cash equivalents in the balance sheet?The application of the present value factors in the computation of carrying amounts of bonds payable is a representation of what accounting principle? Conservatism Matching Principle Time Value of Money MaterialityDescribe the Debt Investments Classified as Available-for-Sale Securities.
- TRUE OR FALSE?Cash set aside for bonds payable that will mature currently is shown as current asset.Understand the accounting for investments in debt securities15. The amortization of bond premium on long-term debt should be presented in a statement of cash flows (using the indirect method for operating activities) as a(n) deduction from net income. investing activity. addition to net income. financing activity.
