Financial Statements "(code-BL)

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Question 1. Give the classification of balances on time of compilation.
Question 2. What are the assets and liabilities reflect the balance? What should be equal to the results of assets and liabilities. Give the definition of the balance sheet total.
Question 3. What methods of evaluation are used to determine the actual cost of materials in the write-down in the production?
Question 4. As a result, there is a normal receivables?
Question 5. What is payable, and when it occurs?
Question 6: What should be reflected in the explanation to the balance sheet?
Question 7. Define equity.
Question 8: What is meant by long-term investments?
Question 9. What costs can be attributed to direct and which to indirect costs?
Question 10. What is the difference between the calculation of earnings during the hour and a piece-rate form of remuneration?

Additional information

Answers to the 10 questions.


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