(a) The valuation basis used to measure accounts payable is? Fair value, erplace
ID: 2465510 • Letter: #
Question
(a)The valuation basis used to measure accounts payable is?
Fair value, erplacement value, face value, or present value.
(b) The valuation method used to measure equpiment and other plant assets on the balance sheet is?
Sale value of assets, net realizable asset value, present market value of asset, or the original cost adjusted for depreciation.
(c) cash held by a company is found in?
balance sheet, statement of cash flow, statement of shareholder equity, or auditors report.
(d) money owed by customers to a company are found?
footnotes, income statement, balance sheet, or statemen of cash flow
Explanation / Answer
(a)The valuation basis used to measure accounts payable is? The Answer is Face Value
(b) The valuation method used to measure equpiment and other plant assets on the balance sheet is?
The Answer is The Original Cost adjusted for Depreciation.
(c) cash held by a company is found in? The Answer is Balance Sheet
(d) money owed by customers to a company are found? The Answer is Balance Sheet,
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