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Financial Accounting and Accounting For analysis and decision-making Questions and Answers 2024

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Which of the following does not have an interest charge? [1 mark] A Bank loan B Debenture C Mortgage D Ordinary shares Which is the correct formula for trade payable days? [1 mark] Cost of Sales A Trade Payables × 365 Credit Purchases B Trade Payables × 365 C Trade Payables Cost of Sales D Trade Payables × 365 × 365 Credit Purchases 2 0 1 0 3 Do no

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Subjects

  • Neither statement is true 02
  • Income and expenditure are matched to the period t
  • Current assets closing inventory current liabili
  • Ordinary shares
  • Trade payables credit purchases × 365
  • Profit after tax in pence number of issued ordin
  • Statement 1 an accountant is the only person who
  • Which definition best describes the accruals conce
  • Which is the correct formula for the liquid capita
  • Which of the following does not have an interest c
  • Which is the correct formula for trade payable day
  • Which is the correct formula for earnings per shar
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