mpt.php?attempt-592238page-9 Depreciation of adquired equipment in accounted Pro
ID: 399090 • Letter: M
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mpt.php?attempt-592238page-9 Depreciation of adquired equipment in accounted Production supplies are purchased and paid with short-term note. A dividend is paid. Next year taxes are prepaid Property is purchased and paid for with long-term debt Cash is paid for raw materials purchased for inventory Interest on long-term debt is paid. Amortization expense is accounted for the year Accounts receivables increases during the year Interest income expenses increases Credit card sales increases during the year Choose... Chra Ch Choose Choose... Choose.. Choose... Choose.. Choose Choose. Inventory is bought on credit Choose... Utility bills are paid Accounts payable are reduced Cash cycle increases during the year Marketable securities are sold Current Ratio increases +50% during the year Choose... The trade payables balance is reduced A short-term bank loan is repaid Owner's equity increases at year's end. Operating cycle is reduced by 1/3 Preference shares are redeemed Choose.. Choose... Choose.. Choose. Choose.. Choose.. Choose.. Choose. Choose. MacBook ProExplanation / Answer
1. Depreciation of acquired equipment in accounted: I
2. Production supplies are purchased and paid with short term note: N
3. A dividend is paid: D
4. Next year taxes are prepaid: D
5. Property is purchased and paid for with long term debt: N
6. Cash is paid for raw materials purchased for inventory: D
7. Interest on long term debt is paid: D
8. Amortization expense is accounted for the year: D
9. Accounts receivables increases during the year: N
10. Interest income expenses increase: D
11. Credit card sales increase during the year: N
12. Inventory is bought on credit: N
13. Utility bills are paid: d
14. Accounts payables are reduced: D
15. Cash cycle increase during the year: D
16. Marketable securities are sold: I
17. Current ratio increases +50% during the year; I
18. The trade payable balance is reduced: D
19. A short term bank loan is repaid: D
20. Owner's equity increase at year's end: N
21. Operating cycle is reduced by 1/3: I
22. Preference shares are redeemed: D
23. Last season inventory is sold at discount: I
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