------------------- gains or losses on trading and available for sale equity securities are based on fair values.
Unrealized
Unrealized gains or losses on --------------- and available for sale equity securities are based on fair values.
trading
Unrealized gains or losses on trading and ---------------------- equity securities are based on fair values.
available for sale
Unrealized gains or losses on trading and available for sale equity securities are based on --------------------.
fair values
Under the equity method undervalued asset amortization will ----------------- the investors reported investment income.
decrease
Under the equity method ---------------------amortization will decrease the investors reported investment income.
undervalued asset
------------- dividends affect the investment account but not the investment income account
cash
cash dividends affect the investment account but not the investment --------------------
income account
cash dividends affect the ------------------------ but not the investment income account
investment account
trade notes and -------------------- with customary trade terms not exceeding one year may be recorded at face amount.
accounts receivable
------------------- and accounts receivable with customary trade terms not exceeding one year may be recorded at face amount.
trade notes
trade notes and accounts receivable with customary trade terms not exceeding one year may be recorded at --------------------.
face amount
salvage value is ------- included in the calculation using the double declining balance method
not
------------------ is not included in the calculation using the double declining balance method
salvage value
salvage value is not included in the calculation using the ------------------------------ method
double declining balance
---------------------- of long term debt in the balance sheet should include amounts due and payable within 12 months of the balance sheet date.
current maturities
current maturities of -------------------- in the balance sheet should include amounts due and payable within 12 months of the balance sheet date.
long term debt
current maturities of long term debt in the balance sheet should include amounts due and payable within 12 months of the -------------------------.
balance sheet date
current maturities of long term debt in the balance sheet should include amounts due and payable within ----------------- of the balance sheet date.
12 months
Under ------- bond issue costs reduce the cash received from the bond issuance and are deducted from the carrying value of the liability.
IFRS
Under IFRS bond issue costs reduce the cash received from the bond issuance and are -------------------- from the carrying value of the liability.
deducted
Under IFRS bond issue costs ------------- the cash received from the bond issuance and are deducted from the carrying value of the liability.
reduce
how should a gain from the sale of used equipment for cash be reported in a statement of cash flows using the indirect method?
in operating activities as a deduction from income
in a statement of cash flows using the indirect method gain from the sale of used equipment for cash should be reported in ----------------------------- as a deduction from income
operating activities
in a statement of cash flows using the indirect method gain from the sale of used equipment for cash should be reported in operating activities as a --------------------------
deduction from income
a ---------------------------------- can be used to restrict earning available for dividends
retained earnings appropriation
a retained earnings appropriation can be used to ---------------- earning available for dividends