Where is the capitalized income recorded? Debit aide of Income and expenditure A/C Deducted from capital fund in Balance Sheet Credit side of Income and expenditure A/C Added to Capital Fund in the Balance Sheet

Q: How should you record a capital expenditure? a. Debit a liability b. Debit capital c. Debit an…

A:

Q: The ratio establishes the relationship between fixed assets and long-terms funds is [A] current…

A: Financial ratios are used to interpret the financial statements. Each financial ratio helps in…

Q: Describe the Capital Expenditure process

A: Capital expenditure as the term suggest is a one time usually a balance sheet item. Usually a…

Q: What will be the accumulated amount in an investment account

A: As per the concept of the Time value of money, today’s money value has more valuable than tomorrow.…

Q: Summarize the sources and uses of funds according to the changes in account activities?

A: The fund flow statement reveals the volume of financial transactions and explains the flow of funds…

Q: What type of capital is accounts receivable? Group of answer choices Human. Intangible Physical.…

A: Accounts receivables are the current assets of an entity. These can be converted into cash within a…

Q: How should you record capital expenditure? Debit a liability Debit capital Debit an expense Debit…

A: Capital expenditure: Capital expenditure refers to the expenditures that are incurred to increase…

Q: What exactly is the analytic hierarchy process (AHP) and how can it be used to the process of making…

A: ANALYTIC HIERARCHY PROCESS: It is the method for managing and identifying, organizing the complex…

Q: the difference between capital expenditure and revenue expenditure.

A: Expenditure is defined as spending money on something. This can be a cash payment or the exchange of…

Q: lain the flow of funds in the financial system

A: For economic transformation, the financial system is the key to the economy. Finance assists in…

Q: Where would you report resources and claims to those resources? A. In the statement of cash flows…

A: Financial statements are those statements which are prepared at the end of accounting period for the…

Q: Distinguish between the following measures of invested capital, and briefly explain when each should…

A:

Q: Differentiate between a capital investment and an expense investment

A: Investment refers to the allocation of the funds in the assets in order to get returns. The…

Q: What category in the statement of cash flows is used when reporting cash spent on long-lived assets,…

A: Statement of cash flow : It consists of three activities which is operating activity, investing…

Q: Working Capital. Identify the working capital accounts related to, (d) income tax expense. For each…

A: Income tax payable is the liability for the company. It is presented in the balance sheet and posted…

Q: Convert from cash-basis net income to accrual-basis net income

A: Cash basis : Under cash basis of accounting, revenues and expenses are recorded only when cash is…

Q: allocated to a capital

A: Company Allot share after Receiving Application If Application is oversubscribed then Company can…

Q: In funds flow statement, outflow of funds on account of operations is [A] application of fund [B]…

A: The fund flow statement is prepared by the business to analyse the reason of changes in the…

Q: What temporary capital records are found in the income statement? Revenue and Expenses Revenue and…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Which of the following is a usefulness of the statement of financial position? OA. The use of…

A: For every business, accounting is very important for analysis and evaluation. Accounting is based on…

Q: Categorize the following as source or use of funds. Also classify them under operating, investing…

A: The funds flow statements shows the inflow and outflow of funds and cash flow statements helps in…

Q: Distinguish between the accounting for capital expenditures and revenue expenditures.

A: Fixed Assets: It refers to the long-term assets having a useful life of more than a year which is,…

Q: Knowledge Check 01 Which of the following describes how working capital is computed? Multiple Choice…

A: Working Capital is the operating liquidity of the company which is available to business or entity.…

Q: Working Capital Management is concerned with management of Select one: a. Long term capital b.…

A: Working capital management helps to ensure smooth operations of the business.

Q: Income statements prepared under IFRS usually report an item titled finance costs. What do finance…

A: International Financial Reporting Standards: These are defined as the set of accounting rules and…

Q: Which concept is applied to net income and other comprehensive income? A. Borrowed Capital B.…

A:

Q: Net Income is a ( SOURCE / USE) of funds.

A: Net income is the amount of profit that is arrived by paying all expences from sales or revenue. In…

Q: In funds flow statement, repayment of long-term loans is [A] application of fund [B] source of cash…

A:

Q: Borrowing cost can be capitalized as cost of the assets when

A: Borrowing costs are costs related to amount borrowed or loans taken. This is the interest expense…

Q: Explain Movement of Funds through Financial Environment.

A: The financial environment includes investors, firms, and markets as the major player. This sector…

Q: Balance Sheets show the Flow of Assets and Liabilities between one accounting period and another.…

A: Answer:- True Explanation:- Balance sheet is one of the most important financial statement of an…

Q: In funds flow statement, funds from operations is [A] application of fund [B] source of cash [C]…

A:

Q: What is the return on total assets given the figures attached?

A: Return on total assets is the comparison of operational income with that of the total assets. It…

Q: capital expenditure or a revenue expenditure.

A: Answer – Capital expenditures are those expenditure which improves the performance of assets and…

Q: compare ordinary assets from capital assets

A: Ordinary Assets:-  A per tax code Ordinary Assets are the assets which are held by the tax payer for…

Q: e: Sources and Uses of Short-Term and Long-Term Funds

A: Two main sources of finance are: 1. Internal sources 2. External sources. Company requires funds for…

Q: when resources should be reported in the financial statements of funds is a basis of accounting…

A: According to the cut off procedures in accounting, the transactions of one period is to be separated…

Q: Classify following cash flows as operating, investing, or financing activities. Cash received as…

A: Statement of cash flow: It refers to a financial statement that shows all the cash payments and…

Q: How are the sources of funds indicated?

A: firms can be evaluated using three financial statements: balance sheet income statement cashflow…

Q: How can we check the balance sheet to determine the extent to which borrowed funds have been used to…

A: Borrowed capital refers to money which is borrowed from others to make an investment in form of…