? Which of the following is a fixed asset .3 )2 نقطة( Sum of money borrowed from the bank Marketable securities Shares Fixtures Which of the following situations .4 ? represents an increase in an asset (äbäi 2) Paid cash to a customer Receipt of equity shares Receipt of cash from a customer Payment of dividend to shareholders

? Which of the following is a fixed asset .3 )2 نقطة( Sum of money borrowed from the bank Marketable securities Shares Fixtures Which of the following situations .4 ? represents an increase in an asset (äbäi 2) Paid cash to a customer Receipt of equity shares Receipt of cash from a customer Payment of dividend to shareholders

Name: MAKE UP PRINCIPLES OF ACCOUNTI..->? Which of the following is a fixed
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Description: MAKE UP PRINCIPLES OF ACCOUNTI..->? Which of the following is a fixed asset .3)2 نقطة(Sum of money borrowed from thebankMarketable securitiesSharesFixturesWhich of the following situations .4? represents an increase in an asset)2 نقطة(Paid cash to a

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is

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Question

MAKE UP PRINCIPLES OF ACCOUNTI..
->
? Which of the following is a fixed asset .3
)2 نقطة(
Sum of money borrowed from the
bank
Marketable securities
Shares
Fixtures
Which of the following situations .4
? represents an increase in an asset
)2 نقطة(
Paid cash to a customer
Receipt of equity shares
Receipt of cash from a customer
Payment of dividend to
shareholders

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