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The balance sheet is based on the accounting equation.（）

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更多“The balance sheet is based on …”相关的问题

第1题

（b) Prepare the balance sheet of York at 31 October 2006, using International Financial Re

(b) Prepare the balance sheet of York at 31 October 2006, using International Financial Reporting Standards,

discussing the nature of the accounting treatments selected, the adjustments made and the values placed

on the items in the balance sheet. (20 marks)

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第2题

Balance sheet accounts are called ____________________ accounts because they carry their b

alances to the next accounting period, and are not closed as long as the company continues to own the asset, owe the liability and have equity.

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第3题

Since the net income increases the owner’s capital, the net income will be shown in the Ba

lance Sheet （） column. Hints: fill the blank with the accounting direction and the first letter should be in upper case.

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第4题

Since the net loss decreases the owner’s capital, the net loss will be shown in the Balanc

e Sheet （） column. Hints: fill the blank with the accounting direction and the first letter should be in upper case.

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