Question

6. Classify the following into assets, liabilities, capital, income and expenses.
a. Capital a/c
e. Commission a/c
i. Buildings a/c
b. Land a/c
f. Postage a/c
j. Cash a/c
C. Sales a/c
g. Drawings
k. Salary a/c
d. Rent a/c
h. Freight a/c
1. Creditors a/c​

Answer 1

Explanation:

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