Question: QUESTION 1 QUESTION 1 The following information was obtained from the grocery store of Fifi Sdn Bhd. Business activity RM Motor vehicle 40,000 Advertising 25,000

QUESTION 1

QUESTION 1 The following information was obtained from the grocery store of Fifi Sdn Bhd. Business activity RM Motor vehicle 40,000 Advertising 25,000 Rent revenue 20,000 Kenny Bakery: Account receivable 54,000 Travel expenses 20,000 Cash in hand 30,000 Cash at bank 800 Name the type of account for the following. (7 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Kline Inc. purchases goods for 5,000 pounds on October 31, Year 1. The company pays for the goods three months later. The exchange rates are as follows: Date Exchange Rate Oct. 31, Yr. 1 $0.63 Dec....

Income tax rates 600 Resident individual/ trade association/ estate executor/ administrator Year of assessment 2020 Chargeable income (RM) Rate (%) Cumulative tax (RM) First 5,000 (0 - 5,000) 0 0...

(a) Multex Industries Ltd (MIL) operates in several sectors in the country, including manufacturing, retailing, oil, wholesale and construction to mention but a few. On 1 January, 2018 MIL disposed...

Answer ALL questions below [100 MARKS] QUESTION 1 The trial balance and additional information gven below were extracted from the accounting records of Dysan Limited on 29 February 2020, the end of...

QUESTION 1 The following information was obtained from the grocery store of Fifi Sdn Bhd. Business activity Motor vehicle Advertising Rent revenue Kenny Bakery: Account receivable Travel expenses...

Based on your selected annual report: Compute all necessary ratios (10 marks)Discuss all relevant ratios affecting the overall performance of the business (10 marks)Decide as to whether you would...

Question 3 Avenger Sdn Bhd (Avenger), a company with an issued share capital of RM2 million, makes up its accounts annually to 31 December. The company just commenced the business in January 2018 and...

question 3-5 needs help to be answered question 5 country for taxation is MALAYSIA. question 4 needs help. can zoom in. SECTION A: PRACTICAL QUESTIONS TOTAL: 100 MARKS Answer FOUR (4) out of FIVE (5)...

2 questions. please answer both. Question 6 (i) PHC 1 was sold in cash terms. please keep then in mind . please answer q6 and ignore q7 thanks. just answer the q6 and ignore q7 Question 6 Oppa Sdn...

only question 2.. plz help me.. im offering all my credits. i swear... Faculty of Business, Economics & Accounting Department of Accounting and Finance HELP Bachelor of Business (Hons) Year 3...

QUESTION Topan Bhd is a company that in the man management of stock and the fac for isson 31 March 2019. The towing the twice engaged in the manufacturing of of food fra Cool Topan Bhd 31 Dec...

What are the major differences between functional managers and project managers?

You expect the following interest rates and cash flows: Year Spot rate Cash flow 0 1 2 n/a 1.9% -1,000 400 3 2.8% 3.6% 500 300

Which of the following is a factor of production? 2 0 shares of Ford stock $ 2 5 , 0 0 0 in call an acre of forested land a U . S . Treasury bond

Table 10.19 displays multiple sclerosis diagnoses for two neurologists who classified patients in two sites, Winnipeg and New Orleans. The diagnostic classes are (1) certain; (2) probable; (3)...

For Problem 10.11, construct a model that describes agreement between neurologists for the two sites simultaneously. Data from Problem 10.11: Table 10.19 displays multiple sclerosis diagnoses for two...

Refer to problem 3.3 on basketball free-throw shooting. Analyze these data. Data from Prob. 3.3: In professional basketball games during 1980-1982, when Larry Bird of the Boston Celtics shot a pair...

In 1990, a sample of psychology graduate students at the University of Florida made blind, pairwise preference tests of three cola drinks. For 49 comparisons of Coke and Pepsi, Coke was preferred 29...

Refer to Table 2.12 and Problem 2.19. Using models, describe the relationship between husband?s and wife?s sexual fun. Data from Problem 2.19: Table 2.12 summarizes responses of 91 married couples in...

A linear programming computer package is needed. Frandec Company manufactures, assembles, and rebuilds material-handling equipment used in warehouses and distribution centers. One product, called a...

1. Think of a situation in the workplace where you meet a person for the first time, which you know you will have a lot to do with in the future. a. Name three things about yourself that you will try...

3. List four points that you think are important to give the individual attention, when he or she is going to sell an argument or an idea to you.

4. Think of a situation where you would convince someone of an argument or an idea you had. a. What feelings did you want the other person to be left with when you finished? b. When you think about...