SlideShare a Scribd company logo
1 of 1
Indicate whether the following items can be classified on a statement of financial position?
Explain 1. Land held by a real estate firm for sale 2. Goods held by customers pending their
approval of a sales contract. 3. Goods in transit that were recently purchased FOB destination 4.
Raw materials 5. Goods received on consignment 6. Stationery supplies

More Related Content

More from MichaelQEBMartinc

in python Purpose The purpose of this assignment is to give you practi.docx
in python Purpose The purpose of this assignment is to give you practi.docxin python Purpose The purpose of this assignment is to give you practi.docx
in python Purpose The purpose of this assignment is to give you practi.docx
MichaelQEBMartinc
 

More from MichaelQEBMartinc (20)

Innovative Consulting Co- has the foliowhg accounts in its jodper Cash.docx
Innovative Consulting Co- has the foliowhg accounts in its jodper Cash.docxInnovative Consulting Co- has the foliowhg accounts in its jodper Cash.docx
Innovative Consulting Co- has the foliowhg accounts in its jodper Cash.docx
 
Information Technology Project Management Which of these types of p.docx
Information Technology Project Management    Which of these types of p.docxInformation Technology Project Management    Which of these types of p.docx
Information Technology Project Management Which of these types of p.docx
 
Indigo Inc- uses a calendar year for financial reporting- The company (1).docx
Indigo Inc- uses a calendar year for financial reporting- The company (1).docxIndigo Inc- uses a calendar year for financial reporting- The company (1).docx
Indigo Inc- uses a calendar year for financial reporting- The company (1).docx
 
Income statement information for Martincz Tire Repair Corporation for.docx
Income statement information for Martincz Tire Repair Corporation for.docxIncome statement information for Martincz Tire Repair Corporation for.docx
Income statement information for Martincz Tire Repair Corporation for.docx
 
In your initial post- present an area or a country that currently has.docx
In your initial post- present an area or a country that currently has.docxIn your initial post- present an area or a country that currently has.docx
In your initial post- present an area or a country that currently has.docx
 
include calculations Problem 4- Consider the system x1-x13x2x2-x1x2 Is.docx
include calculations Problem 4- Consider the system x1-x13x2x2-x1x2 Is.docxinclude calculations Problem 4- Consider the system x1-x13x2x2-x1x2 Is.docx
include calculations Problem 4- Consider the system x1-x13x2x2-x1x2 Is.docx
 
In what areas will oxygen move into the blood- In the lungs None of th.docx
In what areas will oxygen move into the blood- In the lungs None of th.docxIn what areas will oxygen move into the blood- In the lungs None of th.docx
In what areas will oxygen move into the blood- In the lungs None of th.docx
 
In the Stevens Case- the Supreme Court determined that the defendant-.docx
In the Stevens Case- the Supreme Court determined that the defendant-.docxIn the Stevens Case- the Supreme Court determined that the defendant-.docx
In the Stevens Case- the Supreme Court determined that the defendant-.docx
 
In the last few years- many healthcare organizations have had challeng.docx
In the last few years- many healthcare organizations have had challeng.docxIn the last few years- many healthcare organizations have had challeng.docx
In the last few years- many healthcare organizations have had challeng.docx
 
In the plot below- the y-axis represented fractional saturation (Y) an.docx
In the plot below- the y-axis represented fractional saturation (Y) an.docxIn the plot below- the y-axis represented fractional saturation (Y) an.docx
In the plot below- the y-axis represented fractional saturation (Y) an.docx
 
In the histology image shown below- letter A represents the - Select-.docx
In the histology image shown below- letter A represents the - Select-.docxIn the histology image shown below- letter A represents the - Select-.docx
In the histology image shown below- letter A represents the - Select-.docx
 
In the image below- the path of light (black wiggly lines) from a star.docx
In the image below- the path of light (black wiggly lines) from a star.docxIn the image below- the path of light (black wiggly lines) from a star.docx
In the image below- the path of light (black wiggly lines) from a star.docx
 
In the Gas Diffusion Experiment with HCl and NH4OH- why did the white.docx
In the Gas Diffusion Experiment with HCl and NH4OH- why did the white.docxIn the Gas Diffusion Experiment with HCl and NH4OH- why did the white.docx
In the Gas Diffusion Experiment with HCl and NH4OH- why did the white.docx
 
In the economy of Talikastan in 2015- exports were $200- GDP was $2000.docx
In the economy of Talikastan in 2015- exports were $200- GDP was $2000.docxIn the economy of Talikastan in 2015- exports were $200- GDP was $2000.docx
In the economy of Talikastan in 2015- exports were $200- GDP was $2000.docx
 
In the circular flow of income and expenditures- A- Households provide.docx
In the circular flow of income and expenditures- A- Households provide.docxIn the circular flow of income and expenditures- A- Households provide.docx
In the circular flow of income and expenditures- A- Households provide.docx
 
in python Purpose The purpose of this assignment is to give you practi.docx
in python Purpose The purpose of this assignment is to give you practi.docxin python Purpose The purpose of this assignment is to give you practi.docx
in python Purpose The purpose of this assignment is to give you practi.docx
 
In its income statement for the year ended December 31-2025- Crane Inc.docx
In its income statement for the year ended December 31-2025- Crane Inc.docxIn its income statement for the year ended December 31-2025- Crane Inc.docx
In its income statement for the year ended December 31-2025- Crane Inc.docx
 
In Haskell- all lists have a head except for empty lists circular list.docx
In Haskell- all lists have a head except for empty lists circular list.docxIn Haskell- all lists have a head except for empty lists circular list.docx
In Haskell- all lists have a head except for empty lists circular list.docx
 
In Alricain elophant popalations- some fomale elophants grow lusks and.docx
In Alricain elophant popalations- some fomale elophants grow lusks and.docxIn Alricain elophant popalations- some fomale elophants grow lusks and.docx
In Alricain elophant popalations- some fomale elophants grow lusks and.docx
 
In a period of steadily rising prices (meaning the cost to purchase in.docx
In a period of steadily rising prices (meaning the cost to purchase in.docxIn a period of steadily rising prices (meaning the cost to purchase in.docx
In a period of steadily rising prices (meaning the cost to purchase in.docx
 

Recently uploaded

Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
ciinovamais
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
PECB
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
QucHHunhnh
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
heathfieldcps1
 

Recently uploaded (20)

Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
psychiatric nursing HISTORY COLLECTION .docx
psychiatric  nursing HISTORY  COLLECTION  .docxpsychiatric  nursing HISTORY  COLLECTION  .docx
psychiatric nursing HISTORY COLLECTION .docx
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Asian American Pacific Islander Month DDSD 2024.pptx
Asian American Pacific Islander Month DDSD 2024.pptxAsian American Pacific Islander Month DDSD 2024.pptx
Asian American Pacific Islander Month DDSD 2024.pptx
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701
 
PROCESS RECORDING FORMAT.docx
PROCESS      RECORDING        FORMAT.docxPROCESS      RECORDING        FORMAT.docx
PROCESS RECORDING FORMAT.docx
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 

Indicate whether the following items can be classified on a statement.docx

  • 1. Indicate whether the following items can be classified on a statement of financial position? Explain 1. Land held by a real estate firm for sale 2. Goods held by customers pending their approval of a sales contract. 3. Goods in transit that were recently purchased FOB destination 4. Raw materials 5. Goods received on consignment 6. Stationery supplies