Giup giai may cau hoi Ke toan quoc te

[chokon1992]

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]

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!