Question

classify the following into assets,liabilities ,expenses , and revenues?:sales,bank overdraft ,salary to manager,debtors ,bank balance ,and discount to debtors plzzz zzzzzz answer this question fast plzzz

Answer 1

Sales - Revenue

Bank Overdraft - Liability

Salary to Manager - Expense

Debtors - Asset

Bank Balance - Asset

Discount to Debtors - Loss (expense)

Answer 2

Hey mate ✌️✌️


Sales➡️ Revenue

Bank overdraft ➡️ Liability

Salary ➡️ Expense

Debtors ➡️ Assets

Bank balance ➡️ Assets

Discount to debtors ➡️ Expense


✨ Hope this helps you ✨