Question

2. Classify into external and internal liabilities: [6]
1. Bank loan
2. Interest on capital (unpaid)
3. Capital
4. Sundry Creditors
5. Outstanding rent
6. Undistributed Profits
7. Bills Payable
8. Bank Overdraft
9. Salaries due but not paid
10. Reserves
11. Profit
12. Debentures​

Answer 1

Answer:

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