Pre-acquisition interest on investment is A. Credited to profit and loss account B. Credited to capital reserve
Question:
Pre-acquisition interest on investment is
A. Credited to profit and loss account
B. Credited to capital reserve
C. Deducted from the total cost of acquisition
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (5 reviews)
C Deducted from the ...View the full answer
Answered By
Munir Ahmed Jakhro
I am professional Tutor of of Business Courses, I did my four years Bachelor Degree from one of the Top Business schools of World "Institute of Business Administration" in year 2013. Since then I have been working as Tutor of Accounting, Finance tutor on different online platforms like this website. I am have experience of 6 years teaching business courses to students online and offline my professional job at national savings also helped me in accounting understanding .
4.90+
8+ Reviews
10+ Question Solved
Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
Question Posted:
Students also viewed these Business questions
-
1-What are the similarities between supervisory board and management board of the company? 2-"All founders are shareholders." Is this statement correct? If yes, then why? If no, then why? 3-Which...
-
Identify the names of the hydrocarbons/condensed structures CH, H,C-CH,-C- CH 3. CH, H,C-CH,-C -CH-CH-CH,-CH, H3 H, 4. CH3 H,C-CH,-C -CH3 5. H3C-CH CH=C-CH3 CH3 CH3 6.
-
China Petroleum and Chemical Corporation China Petroleum and Chemical Corporation (CPCC) is one of a growing number of Chinese companies that has cross-listed its stock on foreign stock exchanges. To...
-
A proposed project has fixed costs of $84,000 per year. The operating cash flow at 7,500 units is $93,000. Ignoring the effect of taxes, what is the degree of operating leverage? If units sold rise...
-
Consider the everyday task of getting to work on time or arriving at your first class on time in the morning. Draw a fish-bone chart showing reasons why you might arrive late in the morning.
-
Three balls of different masses are thrown straight upward with initial speeds as indicated. a. From fastest to slowest, rank the speeds of the balls 1 s after being thrown. b. From greatest to...
-
Following data are given for internal shoe expanding brake as shown in Figure 16.11 (b): Force on each shoe \(=500 \mathrm{~N}\), internal radius of brake drum \((r)=200 \mathrm{~mm}, \mu=0.3\),...
-
Macy's, Inc., operates about 840 Macy's and Bloomingdale's department stores and furniture galleries in 45 states and U.S. territories as well as Bloomingdale's Outlet stores, macys.com, and...
-
. How a flash memory can be Read, Erased, or Programmed? Explain the steps involved.
-
A provision for diminition in the value of a long-term investment should be made when the decline is believed to be A. Temporary B. Permanent C. Neither of the above
-
A long-term investment is an investment other than A. Investment properties B. A current investment C. None of the above
-
Identify conditions and organizations where self-managing work teams would not be the way to organize. Then identify conditions and organizations where self-managing work teams would be the way to...
-
A circuit you're building needs an ammeter that goes from \(0 \mathrm{~mA}\) to a full-scale reading of \(50.0 \mathrm{~mA}\). Unfortunately, the only ammeter in the storeroom goes from \(0 \mu...
-
Concerned about being disturbed by sonic booms, residents near an Air Force base located along a seacoast submit a petition asking that all jet aircraft from the base head out to sea before attaining...
-
Disk A in Figure \(P 12.47\) has radius \(R_{\mathrm{A}}\) and thickness \(h\) and is initially rotating clockwise, as viewed from above, at \(\omega_{\mathrm{i}} / 2\). Disk \(\mathrm{B}\), made of...
-
Many years ago, test pilots accelerating through Mach 1 reported that the ride was pretty rough just before Mach 1 but smoothed out suddenly as Mach 1 was breached. How can you account for this?
-
Is it possible for the same medium to carry both a longitudinal and a transverse wave? If so, give an example. If not, explain why not.
-
The radioactive isotope 247Bk decays by a series of or-particle and -particle productions, taking 247Bk through many transformations to end up as 207Pb. In the complete decay series, how many a...
-
The executor of Gina Purcells estate has recorded the following information: Assets discovered at death (at fair value): Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....
-
How has e-commerce transformed marketing? a. Explain how Internet technology supports business-to-business electronic commerce. b. Define and describe Net marketplaces and explain how they differ...
-
How has e-commerce affected business-to-business transactions? List and describe important types of m-commerce services and applications.
-
What is the role of knowledge management systems in business? a. Define knowledge management and explain its value to businesses. b. Describe the important dimensions of knowledge. c. Distinguish...
-
Write a PHP script to validate a given email address using regular expressions.
-
What is technical security for a data communication network?
-
Write a C program to make such a pattern like a pyramid with a number which will repeat the number in the same row. 1 22 333 4444
Study smarter with the SolutionInn App