What line item under current assets

Assignment Help Accounting Basics

Reference no: EM132781394

Problem 1: Which of the following is not a component of contributed capital under equity section?

a. Ordinary shares

b. Treasury shares

c. Preference share

d. Share premium

Problem 2: The trading securities and other investments in quoted equity instrument is an example of what line item under current assets?

a. Financial assets at fair value

b. Financial assets at book value

c. Other current assets

d. Noncurrent assets

Reference no: EM132781394

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