Could anyone please help me in transcribing these?

because i am currently making a reviewer for our upcoming exam

your kind heart would be a great help

btw, i don't need answers,

i just need the TEXT versions of these photos (THEORIES ONLY, do not include computational problems

thank

stay safe

H4 Twiried las hakality 745 25 Decrun on Inn payable Provision for warranty shigallons Shay ponhm Retained earnings . unrated 15 141,94 Retained cornings . appropriated 1. ZOUKO Unrulized pans on rully atures . Procl a. Prepare the statement of financial position of Friendships Co. The d pri. b, Prepare noses showing the breakdown of ling items in the financial latement. Make proper cross referencing of that mules; use "Notg 4" as your fired cross-reference PROBLEM S MULTIPLE CHOICE- THEORY 1, The purpose of poctal purpoint financial statements is to provide information aboin the I primomig reapings and obligations of an entity that is useful to a wide range of users in making economic dechurt b financial position and frencial posfunance of an cally that is useful to a wide range of users in making vernalit dections r. financial poollion, financial performance, and cash flows of an entity that is useful to a limited range of users in making croonmic dodsions. d. Francid praition, financial performance, and cash flows of an entity that is washed to a wide finge of users making economic decisionsw 1791' l E Statenanio/'Financial Position ' - 45 is? ___.-'_'_*_-__'_'_- 1 . ll . F 2, A complete set of financial statements includes E ' a. directors' reports c. notes t"..;_ b. income tax return d. all of these 1.33 An additional statement of nancial position as at the ' beginning of the preceding period is prepared when an entity makes (choose the incorrect statement) a. retrospective application b. retrospective restatement c. prospective application d. makes reclassification adjustments. According to PAS 1 Presentation of Financial Statements, the general features of nancial statements include all of the following, except a. Fair presentation and compliance with PFRSs ' b. Comparability of presentation ' c. Materiality and aggregation, ', d. Comparative information According to PAS 1 Presentation of Financial Statements, inappropriate accounting policies are a. rectified either by disclosure of the accounting policies used or by notes or explanatory material. b. not rectified either by disclosure of the accounting policies ' used or by notes or explanatory material. I . ' c: permitted as long as they are used consistently from period to period. d. disclosed in the notes only. When an entity changes the end of its reporting period and presents nancial statements for a period longer or shorter than one year, an entity shall disclose all of the following, except ' a. the period covered by the financial statements. Chapter 1 46 b. the reason for using a longer or shorter period. C. the fact that amounts presented in the financial statements are not entirely comparable. d. a quantification of the possible adjustments that would eliminate the effects of the longer or shorter reporting period. 7. The statement of financial position may be presented either showing currenton-current distinction (classified) or based on liquidity (unclassified). PAS 1 Presentation of Financial Statements encourages the a. classified presentation c. combination of a and b b. unclassified presentation d. none of these 8. In a classified statement financial position, PAS 1 Presentation of Financial Statements requires deferred tax assets and deferred tax liabilities to be presented as a. current items c. either a or b b. noncurrent items d. none of these 9. PAS 1 Presentation of Financial Statements a. prescribes the order or format in which an entity presents items in the financial statements. b. does not prescribe the order or format in which an entity presents items in the financial statements. c. prescribes some order or some format in which an entity presents items in the financial statements., d. does not deal with the presentation of items in the financial statements. 10. All of the following statements correctly refer to the provisions of PAS 1 Presentation of Financial Statements, except a. The objective of PAS 1 is to prescribe the basis for presentation of general purpose financial statements, to ensure comparability both with the entity's financial