Answer:
Investments
Explanation:
If the note receivable is expected to be received in 12 then it is listed as a Current Asset else as Investments.
For further detail in how you can recognize Financial instrument ,please refer to the accounting rules for this type of accounts in https://www.iasplus.com/en/standards/ias/ias39
Answer:
a.
Explanation:
Based on the scenario being described within the question it can be said that the least accurate of all of these statements would be " Because of technology, the number of persuasive messages has decreased." This is completely false because technology has not decreased the flow of information but instead drastically increased in, and this includes persuasive messages as well.
Answer:
Direct Materials EU = 165,000
Direct Labour EU = 144,000
Explanation:
Equivalent Units (Weighted Average Method) = Beginning Goods In process + Units Completed + Ending Goods x % of completion
Direct Materials: 25,000 + 110,000 + 30,000 x 100% = 165,000
Direct Labor: 25,000 + 110,000 + 30,000 x 30% = 144,000
Remember: In the weighted average cost system the units in process at the beginning are count as a full equivalent unit of production.
