Explain each of the following terms: a. Non-current asset b. Current asset c. Non-current liability d. Current
Question:
Explain each of the following terms:
a. Non-current asset
b. Current asset
c. Non-current liability
d. Current liability
e. Capital.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
a Noncurrent assets are a companys longterm investments that ...View the full answer
Answered By
Eliel Valdivia
I am a very skilled freelancer with more than eight years of experience. I have had both online and one on one classes with my student who have recorded a great deal of improvement in there class work. Looking forward to helping many more students here.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
Question Posted:
Students also viewed these Business questions
-
Explain what each of the following terms or phrases means: a. Venture capital b. Book building c. Underwriting spread d. Registration statement e. Winners curse
-
Explain each of the following terms which are defined in international standard IAS7: (a) Cash. (b) Cash equivalents. (c) Operating activities. (d) Investing activities. (e) Financing activities.
-
Explain each of the following preferred stock dividend preferences: (1) current dividend preference, (2) cumulative dividend preference, and (3) participating dividend preference.
-
Suppose you have the following training set, and fit a logistic regression classifier : ho(x) = g(00+011+0x2) O O O Which of the following are true? Check all that apply. a) Adding polynomial...
-
Predict the products of each acid-base combination listed. Assume that a neutralization reaction occurs. a. HCl and KOH b. H2SO4 and KOH c. H3PO4 and Ni(OH)2
-
Phelps Corporation is considering several investments. Instructions (a) One investment returns $10,000 per year for 5 years and provides a return of 10%. What is the cost of this investment? (b)...
-
If you drop a brick from a height of \(50 \mathrm{~mm}\) onto your toe, it probably won't hurt much, but if you drop the brick from a height of \(0.5 \mathrm{~m}\), it will hurt. The force of gravity...
-
Selected transactions of the Shadrach Computer Corporation during November and December of 2007 are as follows: Nov. 1 Borrowed money from the bank by issuing a non-interest-bearing, $40,000, 90-day...
-
QUESTION ONE a) Distinguish between sale and agreement to sell b) Explain the rights of unpaid seller against the goods c) Explain the nature of the contract of hire purchase QUESTION TWO (5 marks)...
-
B 9 50 01 02 03 04 05 06 107 108 109 110 111 112 113 114 115 116 117 40. Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to increases cash. 41. Based on...
-
A paying-in slip counterfoil is used to make entries in the: A. Cash book B. Petty cash book C. Purchases journal D. Sales returns journal
-
P. Ramish is a car mechanic operating from a small garage. He has been so busy that he has not had time to keep proper financial records. He is able to provide the following information. R Ramish...
-
Outline the principles of fringe benefits.
-
Solve the following using Java and the topic is Strategy Design Pattern: Chandler Bing, a character from the TV show Friends, is known for his sarcastic humor and witty comebacks. He expresses his...
-
Describe in 600 words why was sony's ps2 more successful than microsoft's xbox ?
-
2. Describe the central tendency of personal income using different statistics. What do you learn about the distribution of income when you compare the different values you got?
-
Determine if the following actions affect the size of M1 and/or M2. Items (6 items) (Drag and drop into the appropriate area below) Barbara closes out her $5,000 time deposit and gets cash.Hillary...
-
A consumer advisory must be given when an operation serves O steamed mussels. O raw oysters. O poached salmon. O roasted pork
-
a. Starting with isopropylacetylene, how could you prepare the following alcohols? 1. 2-methyl-2-pentanol 2. 4-methyl-2-pentanol b. In each case a second alcohol would also be obtained. What alcohol...
-
What is a make-or-buy decision?
-
Mary is a shareholder in CarrollCo, a calendar year S corporation. At the beginning of the year, her stock basis is $10,000, her share of the AAA is $2,000, and her share of corporate AEP is $6,000....
-
Assume the same facts as in Problem 36, except that the two shareholders consent to an AAA bypass election.
-
At the beginning of the tax year, Lizzie holds a $10,000 stock basis as the sole shareholder of Spike, Inc., an S corporation. During the year, Spike reports the following. Determine Lizzies stock...
-
Part 1. It is widely recognized that the convective heat transfer coefficient is not a constant but a strong function of the temperature difference between the hot object and the ambient fluid. In a...
-
Example 4: For the Simply supported beam with the shown loadings and cross section, determine the maximum bending stress at point B and the absolute maximum bending stress in the beam. 1000 N/m 1800...
-
The lift is holding a 220 lb weight as shown. Calculate the reaction force components and reaction moments at point D? Ignore the radius of the frictionless pulleys. Dimensions: a = 3 ft c = 4 ft e =...
Study smarter with the SolutionInn App