Question

Classify the following accounts into Assets, Liabilities, Capitals, Revenue/Income and Expenses: a) Buildings A/c b) Sales A/c c) 0/s wages A/c d) Drawings e) Cash A/c f) Additional capital A/c g) Purchases A/c h) Bank Over Draft a/c i) Commission received a/c ) Creditors A/e K) Bills receivable A/c 1) Salaries A/c​

Answer 1

Answer:

On the basis of the passage, answer the following a Que. 1 What is etiquette? Que. 2 How should we behave in a lift? Que. 3 You are very hungry and eating in a park. W you should follow? Que.4 Who should we learn to respect? B. Find words in the passage that means the same a

Explanation:

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Answer 2

See below for answers.

Explanation:

a) Buildings = Assets

b) Sales = Revenue

c) O/S wages = Liabilities

d) Drawings = Capital

e) Cash = Assets

f) Additional Capital = Capital

g) Purchase = Expenses

h) Bank Overdraft = Liabilities

I) Commission received = Revenue

j) Creditors = Liabilities

k) Bills Receivable = Asset

l) Salaries = Expenses