Acf 100 book keeping - Study guides, Class notes & Summaries

ACF 100 Book keeping Question and answers 100% correct 2023/2024Accountability - correct answer Management's responsibility to provide an account/report on the way in which the resource entrusted to them have been used. Appropriation Account - correct answer The profit or loss for the period is typically apportioned between the partners using an appropriation account. Typically included at the base of the statement of profit and loss Available-for-sale Assets - correct answer Investments...

ACF 100 Book keeping

ACF 100 Book keeping

Accountability correct answer: Management's responsibility to provide an account/report on the way in which the resource entrusted to them have been used. Appropriation Account correct answer: The profit or loss for the period is typically apportioned between the partners using an appropriation account. Typically included at the base of the statement of profit and loss Available-for-sale Assets correct answer: Investments denominated in money or in paper i.e shares and bonds that the ...

Accountability - correct answer Management's responsibility to provide an account/report on the way in which the resource entrusted to them have been used. Appropriation Account - correct answer The profit or loss for the period is typically apportioned between the partners using an appropriation account. Typically included at the base of the statement of profit and loss Available-for-sale Assets - correct answer Investments denominated in money or in paper i.e shares and bonds that the ...

Accountability - correct answer Management's responsibility to provide an account/report on the way in which the resource entrusted to them have been used. Appropriation Account - correct answer The profit or loss for the period is typically apportioned between the partners using an appropriation account. Typically included at the base of the statement of profit and loss Available-for-sale Assets - correct answer Investments denominated in money or in paper i.e shares and ...

Accountability - correct answer Management's responsibility to provide an account/report on the way in which the resource entrusted to them have been used. Appropriation Account - correct answer The profit or loss for the period is typically apportioned between the partners using an appropriation account. Typically included at the base of the statement of profit and loss Available-for-sale Assets - correct answer Investments denominated in money or in paper i.e shares and ...