Companies that use IFRS may switch the order of presentation of ...

[c0205847]

Companies that use IFRS may switch the order of presentation of assets and liabilities, listing noncurrent items before current items.
 
  Indicate whether the statement is true or false

Question 2

A net loss
 a. decreases the Cash account.
   b. increases the owner's Capital account.
   c. decreases the owner's Capital account.
   d. decreases the owner's Drawing account.
   e. increases the owner's Drawing account.

[kalskdjl1212]

Answer to Question 1

F

Answer to Question 2

c

[c0205847]

Thanks for the timely response, appreciate it

[patma1981]

TYSM