acca f3 ( FA ) financial accounting

Which one of the following is NOT an enhancing qualitative characteristic of financial information?

Some of the content of the financial statements of companies might be specified by national company law. Is this true or false?

International accounting standards are written primarily with regard to the information needs of which type of users?

A loan of $30,000 from a bank, repayable in three years’ time, is

A trade receivable is an example of:

RETURN _______ Purchase return:-Dr cash Cr purchase return Sales return :-Dr sales return Cr cash

TODAY CHAPTER 5:-RETURNS ,DISCOUNTS,SALES TAX

when is your f3 exam

net asset = capital asset = capital+liability net asset = asset-liability opening capital =closing capital-profit+addictional capital- drawings closing capital =opening capital+profit+additional capital- drawings profit =closing capital-opening capital- profit+drawings

today chapter chapter 3,4:- double entry book keeping & recording basic transactions and balancing the ledger

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