Question

4. Classify into assets, liabilities, capital, revenue and expense.
1. Stock-in-hand
2. Rent Paid
3. Advertising
4. Creditors
Outstanding Expense (rent)
6. Interest Received
7. Capital Introduced
8. Furniture and Fittings
9. Insurance Premium Prepaid
10. Commission Received in Advance
11. Debtors
12. Dividend Received
13. Cash at bank
14. Salaries Paid
15. Discount Received
16. Land and Building
17. Bank Loan
18. Bank Overdraft
19. Wages
20. Bills receivable​

Answer 1

Answer:

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Answer 2

Answer:

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Link

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