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If the statement of financial position shows a bank overdraft of £34,000, then the bank T account will have a credit balance of £34,000 on that date.()
此题为判断题(对,错)。
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此题为判断题(对,错)。
A、Income statement increase expense by $500; Statement of financial position shows provision $3500
B、Income statement increase expense by $500; Statement of financial position shows provision $3000
C、Income statement decrease expense by $500; Statement of financial position shows provision $3500
D、Income statement decrease expense by $500; Statement of financial position shows provision $3000
A、statement of financial position
B、statement of cash flows
C、balance sheet
D、income statement
E、statement of owner’s equity
Which of the following shows Liz Bermans position on the ban?
A.Supportive.
B.Indifferent.
C.Critical.
D.Unclear.
A、Statement of financial position, statement of changes in equity, statement of P/L and OCI.
B、Statement of changes in equity, Statement of financial position, statement of P/L and OCI.
C、Statement of P/L and OCI, Statement of financial position, statement of owner's equity.
D、Statement of P/L and OCI, statement of changes in equity, Statement of financial position.
A、Statement of financial position only
B、Statement of profit or loss only
C、Statement of financial position and statement of profit or loss
D、Neither the statement of financial position nor the statement of profit or loss
A、Statement of profit or loss Statement of financial position 8,500 807,800
B、Statement of profit or loss Statement of financial position 65,550 808,450
C、Statement of profit or loss Statement of financial position 18,450 808,450
D、Statement of profit or loss Statement of financial position 7,550 808,450
The trainee accountant at Judd Co has forgotten to make an accrual for rent for December in the financial statements for the year ended 31 December 20X2. Rent is charged in arrears at the end of February, May, August and November each year. The bill payable in February is expected to be $30,000. Judd Co’s draft statement of profit or loss shows a profit of $25,000 and draft statement of financial position shows net assets of $275,000. What is the profit or loss for the year and what is the net asset position after the accrual has been included in the financial statements?
A、Profit for the year Net asset position $15,000 $265,000
B、Profit for the year Net asset position $15,000 $285,000
C、Profit for the year Net asset position $35,000 $265,000
D、Profit for the year Net asset position $35,000 $285,000
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