• 2022-06-09
    Which of the following is an example of following the principle of faithful representation?
    A: Showing finance lease payments as a rent expense
    B: Being prudent by recording the entire amount of a convertible loan as a liability
    C: Recording the future payments under an operating lease as a long-term liability
    D: Recording a sale and repurchase transaction with a bank as a loan rather than a sale
  • D

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    • 0

      中国大学MOOC: Which of the following means process of recording a vein?

    • 1

      【单选题】In order to calculate the monthly payments on your loan, the bank adds the interest to the ____

    • 2

      Which of the following meansinstrument for recording? A: -graphy B: -graph C: -gram D: -plegia

    • 3

      Which of the following is considered a capital inflow? A: A sale of US financial assets to a foreign buyer. B: A loan from a US bank to a foreign borrower. C: A purchase of foreign financial assets by a US buyer. D: A US citizen’s repayment of a loan from a foreign bank.

    • 4

      The general journal provides a place for recording all of the following except____________. A: the transaction date B: the names of the accounts involved C: the amount of each debit and credit D: an explanation of the transaction E: the balance in each account