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FA1- Business Transaction

Forums › ACCA Forums › ACCA BT Business and Technology Forums › FA1- Business Transaction

  • This topic has 3 replies, 4 voices, and was last updated 8 years ago by mariamajeng.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • June 26, 2016 at 2:08 pm #324151
    pichkim
    Member
    • Topics: 2
    • Replies: 0
    • ☆

    Hello! can u help me to answer with 2questions?
    1). A business buys goods on credit . when will this require the accounting records to be updated ?
    A). Only when the goods are received
    B). only when the goods are paid for
    C). When the goods are received and again when they are paid for
    D). When the goods are received again when they are paid for and when The goods are resold .

    2/. which of the following describes the receipts generated by an Internet Service provider?
    A). Income from sale of goods
    B). Income from giving a service
    C). Payments for employees
    D). Payments for share capital

    August 2, 2016 at 3:40 pm #330886
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2487
    • ☆☆☆☆☆

    Its maybe too late but I think its 1D and 2B.

    September 2, 2016 at 12:37 pm #337061
    lindelwa55
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    1. c

    October 26, 2016 at 5:39 pm #346145
    mariamajeng
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    number one is c

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