The following are an example of Real assets EXCEPT   Select one: a. Common stock b. Machines c. Buildings d. Land

Q: As oné Bulnaings in Britain nas been vacant for over a year already, how should management account…

A: Property - Property is a term depicting anything that an individual or a business has legitimate…

Q: Which of the following does define investment property? a. Property held to earn rentals b. Right…

A: An investment property is first valued at its purchase price. The lower of the fair value of the…

Q: PROBLEM 20-2: Classification issues 1) SME constructs a 3-storey building of which it currently…

A: Investment property means the investment in land or building which the SME intends to hold for the…

Q: Retained earnings (beginning of year) $33,000 Utilities expense 2,000 56,000 Equipment Accounts…

A: Total assets are the total number of properties owned by a person or entity. Assets are monetary…

Q: _Accounting concept is in valuation of fixed assets

A: Option A. Historical cost concept says fixes asset is to be recorded at the amount paid to acquire…

Q: PROBLEM 20-5: Initial measurement - Investment property leased under finance lease On January 1,…

A: Initial Recognition of Investment Property According to PAS 17 initial measurement of the investment…

Q: Blossom Real Estate Balance Sheet December 31, 2020 Cash $ 25400 Accounts Payable $ 60700 Prepaid…

A: Let's understand the basics Investments specifically, from an accounting perspective an investment…

Q: What are the long-term assets which do not have any physical existence? A. Intangible Assets B.…

A: Tangible Assets:These assets are physical, measurable Resources; like Property, Plant &…

Q: Land is shown in the statement of financial position as:    A. Investments.  B. Property, plant and…

A: The financial statements of the business includes income statement and balance sheet.

Q: What are investment assets ?

A: Investment Assets: Investment assets are termed as tangible or intangible things that are acquired…

Q: What is return on assets (roa ) ?? please comment own word.

A: Ratio analysis is based on the fact that a single accounting figure by itself may not communicate…

Q: What is the Total assets?

A: Computation of Adjusted  Assets  Particulars                                                Revised…

Q: Define a financial asset

A: A contractual financial instrument is classified into financial assets and liabilities. They are an…

Q: PROBLEMM how to classify the following items in the statement of financial position due to Darell…

A: Investment property is those property that held for rental and capital appreciation and it does not…

Q: PROL how to classify the following items in the statement of financial position duc to Darell…

A: PPE includes all tangible assets that are held for more than 1 year and used in the administration…

Q: What are the important properties of real estate as an asset class? How are they similar/different…

A: The real estate investment class is a type of investment class which is focusing upon investing in…

Q: The following data was extracted during the financial statement prcparation of tion Issues Darell…

A: PPE includes all tangible assets that are held for more than 1 year and used in the administration…

Q: Intangible assets are often combined with_______________assets for measurement and recognition in…

A: Intangible assets means those assets which do not have any physical presence and that can only be…

Q: What are the advantages and disadvantages of real assets?

A: The question is asking about the pros and cons of investing in real assets. Real assets are physical…

Q: Which of the following are financial assets? Select the two correct answers.     stocks   bonds…

A: Financial Asset is an asset that is-  Cash -Included cash deposited in Bank or other Financial…

Q: What kind of activities typically have the greatest impact on property values? a.​Federal b.​Local…

A: Factors to consider when pricing a home are: historic sales price, quality of the neighborhood, the…

Q: ich of the following is not a capital asset? a. Equipment -b. Vehicle c. Expenses -d. Building

A: Option C is the Correct answer.

Q: The common characteristic possessed by all assets is Oa. Great monetary value Ob. Tangible nature…

A: Assets are resources or items that have value and can be owned, controlled, or utilized to generate…

Q: PROBLEM 20-2: Classification issues 1) SME constructs a 3-storey building of which it currently…

A: The question is based on the concept of Accounting Standard on Investment Property. As per the…

Q: Identity the economic resource that has the ability to give economic benefits___________ a. Capital…

A: Asset is an economic resource that has the ability to give economic benefits... option D asset is…

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: Which should be classified as a financial asset? a. Patent b. Trade Accounts Receivable c.…

A: Financial assets are also known as non-physical assets. It is because it is generated through a…

Q: How do u calculate for total assets?

A: Introduction: Assets are resources owned by the company that is expected to generate future economic…

Q: Rs. Rs. Sales 428,000 Purchases 304,400 Wages and salaries 64,000 Rent 14,000 Heating and lighting…

A: Assets are shown in the balance sheet of the business.

Q: Which of the following is NOT a financial asset?

A: Financial Asset: These are the liquid assets that derive their value from ownership rights. These…

Q: hich of the following is NOT a financial asset?

A: An asset is belongings or the resources of an individual, corporation, or country with the…

Q: PROBLEM 20-4: Intracompany rentals Pagara Inc., a real estate firm, and its subsidiaries have…

A:

Q: 4. Investment property is initially measured at cost, including transaction costs. Such cost…

A: The assets acquired by a business are recorded under different categories. The accounting treatment…

Q: PROBLEM 20-3: Ancillary services Love Hotel completed the construction of a hotel with a swimming…

A: Cost Model - As per cost model fixed assets of the company carried at their historical cost after…