Giup giai may cau hoi Ke toan quoc te

chokon1992

New Member
Hội viên mới
1. Give example of the type of transactions that increase assets and increase liabilities .(1 nghiep vu tai san va` 1 nghiep vu cac khoan nợ nha mấy pro )
2. Why the balance sheet sometimes is called the statements of financial position .
3. How does the income statement difer from the statement of cash flows ?
4 . A customer asks the owner for a store to save an item for him and says that he will pick it up and pay for it next week . The owner agrees to hold it . Should this transaction be recognized as a sale ? Explain your answer .

các pro giúp em gấp . em phải nộp bài trả lời gấp , trả lời bằng tiếng anh hết ak cac pro oiiii. em xin cám on nhiu
 

kitty4388

New Member
Hội viên mới
Ðề: Giup giai may cau hoi Ke toan quoc te

1. Give example of the type of transactions that increase assets and increase liabilities .(1 nghiep vu tai san va` 1 nghiep vu cac khoan nợ nha mấy pro )
In case you buy fix assets and not yet pay to vendor:
Dr Fix asset (211)
Dr VAT input
Cr AP.

2. Why the balance sheet sometimes is called the statements of financial position .
B/c balance sheet is report about asset, liability and equity at at the movement. ( not sure) hihi

3. How does the income statement difer from the statement of cash flows ?
Income statement is report to show expense/ revenue of company - cash flow is report to show and control cash in/ cash out.

4 . A customer asks the owner for a store to save an item for him and says that he will pick it up and pay for it next week . The owner agrees to hold it . Should this transaction be recognized as a sale ? Explain your answer .

Not yet record as sale b/c goods has not yet delivery to customer.

I'm not sure it's correct or not. Please help to input more if i wrong..hihi. thank you!
 

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