1. Long-term liabilities: (a) are not repaid. (b) (c) (d) do not fall due within the current financial year. fall due for payment within the current financial year. are only applicable to Close Corporations.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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If sir you can't do all parts then i would suggest you to skip becs its my only question left so i need full answer , ill dislike sir if not done all thanks  and will surely like for complete ans

(1) MULTIPLE-CHOICE
QUESTIONS
Choose the correct option for each of the following. Write only the question
number and your chosen answer. For instance, if you think that the correct
answer for number 1 is (a), then write it as 1. (a).
1. Long-term liabilities:
are not repaid.
do not fall due within the current financial year.
fall due for payment within the current financial year.
are only applicable to Close Corporations.
3.
5.
de
(C)
(d)
A transaction caused a R9 000 decrease in both assets and
liabilities. This transaction could have been the:
(a) purchase of a delivery truck for R9 000.
(b) collection of R9 000 accounts receivable.
repayment of a R9 000 bank loan.
purchase of stock worth R9 000.
Examples of intangible, non-current assets are:
land and buildings.
patents.
franchises.
(d) Both (b) and (c).
00:00
R135 000.
(a)
(b) R55 000.
(c) R190 000.
(d)) R80 000.
00:00
00:00
If the assets of a business are R135 000 and the liabilities are
R55 000, then the equity of the business is:
b
Which of the following is not a basic credit account?
(a) Creditors
(b) Capital
(c) Expenses
(d) Income
00:00
00:00
B
00:00
00:00
00:00
Transcribed Image Text:(1) MULTIPLE-CHOICE QUESTIONS Choose the correct option for each of the following. Write only the question number and your chosen answer. For instance, if you think that the correct answer for number 1 is (a), then write it as 1. (a). 1. Long-term liabilities: are not repaid. do not fall due within the current financial year. fall due for payment within the current financial year. are only applicable to Close Corporations. 3. 5. de (C) (d) A transaction caused a R9 000 decrease in both assets and liabilities. This transaction could have been the: (a) purchase of a delivery truck for R9 000. (b) collection of R9 000 accounts receivable. repayment of a R9 000 bank loan. purchase of stock worth R9 000. Examples of intangible, non-current assets are: land and buildings. patents. franchises. (d) Both (b) and (c). 00:00 R135 000. (a) (b) R55 000. (c) R190 000. (d)) R80 000. 00:00 00:00 If the assets of a business are R135 000 and the liabilities are R55 000, then the equity of the business is: b Which of the following is not a basic credit account? (a) Creditors (b) Capital (c) Expenses (d) Income 00:00 00:00 B 00:00 00:00 00:00
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