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THE UNKNOWN SOLUTION TEAM
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ALL EXAM SOLUTIONS | ALL EXAM UPDATE Chann: UNKNOWNchannel Name; UNKNOWN Contact : 09066236435
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Wait for my own SolutioNs don't copy nonsenses flying aroundπ§, shaa na una results na so oo, so copy anyhow and see anyhow results π
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*Wednesday, 22nd May 2024*
*Chemistry 2 (Essay)*
*9:30am β 11:30am*
*Chemistry 1 (Objective)*
*11:30am β 12:30pm*
*UNKNOWN SOLUTION TEAM IS ALWAYS AND FOREVER WITH YOU ALL*
πππππππ
Tomorrow exam questions and answers will land here , so expect it here as simple as that π
THE MORE WE GAIN MEMBERS ,THE MORE PAPERS I WILL DROP FREE OF CHARGE AS SIMPLE AS SIMPLE
https://t.me/+Fsvq65waBSswYjQ8
This is the channel link continue to share it βοΈ
THE ABOVE βοΈ IS WHAT TOOK PLACE TODAY .
NOW LISTEN DUE TO SOME EFFORTS BY SOME STUDENTS IN THESE GROUP , I WILL DROP SOME OTHER PAPERS FREE.
Accounting OBJ
1-10: CDBACACBBC
11-20: CDDBDBDACB
21-30: AADCCBBBBB
31-40: ACBBDDADAA
41-50: CCDABDBBCD
*ACCOUNTING*
(2a)
(PICK ANY SIX)
(i) Accrued Expenses
(ii) Prepaid Expenses
(iii) Accrued Income
(iv) Unearned Income (Deferred Income)
(v) Depreciation
(vi) Bad Debts
(vii) Provision for Doubtful Debts
(viii) Inventory Adjustments
(ix) Amortization
(2b)
(PICK ANY THREE)
(i) Capital Expenditure is incurred to acquire or improve long-term assets, such as property, plant, and equipment whereas Revenue Expenditure is Incurred for the day-to-day running of the business and to maintain the existing assets.
(ii) Capital Expenditure provides benefits over a long period, usually more than one accounting period while Revenue Expenditure provides benefits within the current accounting period.
(iii) Capital Expenditure is recorded as an asset in the balance sheet and depreciated over its useful life while Revenue Expenditure is Charged directly to the income statement as an expense in the period it is incurred.
(iv) Capital Expenditure affects both the balance sheet (increase in assets) and the income statement (depreciation expense) while Revenue Expenditure directly affects the income statement by reducing profit for the period.
(v) Capital Expenditure costs are capitalized, meaning they are added to the value of the asset and amortized over time while Revenue Expenditure costs are expensed in the period they are incurred and do not appear on the balance sheet.
