Question

classify the accounts into assets, liabilities,capital,expenses and revenue a)capital account​

Answer 1

question

classify the accounts into assets, liabilities,capital,expenses and revenue a)capital account

Answer:

Classify the following into assets, liabilities, capital, revenue, and expenses:  (i) Plant and Machinery; (ii) Bank Loan; (iii) Sales; (iv) Rent; (v) Discount Received; (vi) Carriage Inwards; (vii) Carriage Outwards; (viii) Purchases;(ix) Bills Payable; (x) Wages; (xi) Advance Income; (xii) Accrued Income;(xiii) Goodwill; (xiv) Furniture and Fixtures

Answer 2

Answer:

Hi good morning my dear friend

Step-by-step explanation:

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