Exam Name: | Fundamentals of financial accounting | ||
Exam Code: | BA3 Dumps | ||
Vendor: | CIMA | Certification: | CIMA Certificate |
Questions: | 393 Q&A's | Shared By: | ray |
VWX is registered for sales tax in Country B A sales invoice to its mam customer shows the following information:
What journal entry will WVX process to record this transaction in its nominal ledger?
A)
B)
C)
D)
Principles based accounting uses a conceptual basis to provide guidelines for preparing financial statements.
Which ONE of the following is an example of this approach?