If X Company has the following balances:Cash 10,000 Equipment 50,000 inventory 5,000 Long term investment 3,000 Franchise 4,000 Accounts receivable 7,000 Supplies 3.000 the total current assets shown in the classified balance sheet is O a. other amount O b. 29,000 O . 25,000 O d. 22,000

Q: What are the different Decision support systems in accounting? (basic accounting decision support…

A: A decision support system is an interactive data platform that analyses huge amounts of data in…

Q: For which type of learning outcomes would be the essay test be least useful? A. Understanding of…

A: in the essay test , test is taken from the candidate and candidate is given to write an essay on the…

Q: hich of the following is not a fundamental quality of useful accounting information? Group of

A: Materiality is crucial in determining what information to include, It is not one of the core…

Q: Please give me an example of an estimated income statement, a scenario, the instruction, and the…

A: Income Statement is a financial statement which computes the net profits/Losses earned/incurred by…

Q: vide your course introduction. In addition, please respond to the following question. Explain what…

A: Generally Accepted Accounting Principles are standard accounting rules for reporting on financial…

Q: monetary Unit 7. The principle of objectivity includes the concept of A. Summarization B.…

A: Since you have posted multiple questions, we will do the first one for you. To get the remaining…

Q: Hello, this topic is about conceptual framework in accounting.  I just want to understand why…

A: An appraised value is an assessment of a property's worth at a specific point in time. During the…

Q: atements,” of Accounting. What is a standard-setting environment?  How can I Identify 1 example and…

A: Accounting - Accounting is the process of documenting a business's financial transactions. These…

Q: Comment on the current and potential impact of creative accounting and discuss its management…

A: Bookkeeping is the process of recording financial transactions that affect a company. The accounting…

Q: ccounting

A: Account analysis would be delving into the specific line items that make up an account.

Q: Discuss briefly the different areas of accounting.

A: Accounting is the process of identifying, measuring, recording, and communicating financial…

Q: Question: computers play a significant part in current accounting practice. state two advantages of…

A: Computerized accounting system It is system under which the accounting information are recorded…

Q: What does the term dual aspect mean in terms of accounting?

A: Accounting is the process of recording, classifying, analyzing, interpreting, and communicating…

Q: Analyze current major accounting research tools. Discuss the deductive, inductive, and pragmatic…

A: Accounting research looks at how people, businesses, and governments use accounting, as well as the…

Q: Question 6  Discuss the difference between Financial Accounting and Management Accounting  and…

A: Financial Accounting is a art of recording, Classifying, summarising, analysing, interpreting and…

Q: What type of internal and external accounting reports will you use in the process of making…

A: Internal accounting reports are managerial reports which are generated for use by managers at…

Q: How can financial statement users assess the quality of accounting Information?

A: A financial statement is a report that presents the financial performance and position of a company…

Q: Explain how accounting influence your personal decision making?

A: Accounting can have a significant influence on personal decision making in several ways. Here are…

Q: Question: What is an Accounting Information System (AIS) ? discuss any four points.

A: Modern businesses require relevant, timely, and high-quality details concerning their internal…

Q: Why is accounting quality important in financial analyst. Provide an example showing one of the…

A: The value of financial accounting is primarily defined by its quality. The core premise of…

Q: Q#03: Draw and explain the hierarchy of accounting qualities?

A: Accounting Qualities are very important for the decision maker. The quantitative data is not…

Q: Review the basic assumptions of accounting.

A: Financial accounting structure: A system that records, maintains, and creates reports for the…

Q: From the following statements which one is not the correct classification of accounting theory

A: Accounting theory is the theory which is actually the set of guidelines, principles or in order…

Q: Why is it necessary to develop a definitional framework for the basic elements of accounting ?…

A: Accounting serves as the foundation for the creation of financial statements. Accounting is carried…

Q: discuss the importance of selecting an appropriate research methodology in accounting research,…

A: In accounting research, selecting an appropriate research methodology is important because it has a…

Q: What concepts of mathematics are important in the field of accountancy?

A: Accounting: It is the process of recording, classifying, summarizing all transactions of a business…

Q: iscuss the main characteristics of decision-u

A: The decision-usefulness approach is a fundamental principle of financial accounting that focuses on…

Q: What is accounting and what are your learnings about it?

A: Account: It is often defined as a record maintained in the general ledger of the company and used to…

Q: n your own words, what does relevance mean to you?  After tackling this topic, then research…

A: Relevance means the necessity of work at a specific point of time. Relevance means the work which we…

Q: Importance of cost accounting to an Accounting student

A: Cost accounting is an essential part of every business. This will help you to make better financial…

Q: Identify TWO external consumers of accounting information and explain how that accounting…

A: Introduction: The term "financial statement" refers to any statement, such as an income statement, a…

Q: There are 3 basic principles in developing an accounting information system, t

A: Accounting information system: the accounting information system is a system created by a business…

Q: ubject: accounting information system (a) Discuss REA modelling in accounting information systems.…

A: REA Modelling REA was originally projected in 1982 by William E. McCarthy as a generalized…

Q: What is the benefits of subject accounting in our future? And what is the importance of the subject…

A: Managers, owners, and other stakeholders can use final accounts to get a sense of a company's…

Q: Identify a research problem in Accounting and coin topic based on the problem. State the problem for…

A: Effect of Advertisement on Buying Behavior of the Consumers with extraordinary reference to Cosmetic…

Q: Discuss all the concepts of accounting?

A: Accounting concepts are list of concepts which are require to be used by all kind of business to…

Q: Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square…

A: The objective of the question is to determine the percentage usage of the Janitorial Department by…

Q: financial accounting: What did you learn from this course that you have found the most useful or…

A: INTRODUCTION: Accounting is the recording of financial transactions and their storage, sorting,…

Q: On your own words, outline the accounting principles and assumptions and explain each one

A: The term 'Principle' refers to fundamental belief or a general truth which once established does not…

Q: What accounting terms should I be familiar with?

A: . Accounting information summarizes and reports on a company's financial actions. Companies might be…