Question

Ex 4.5 Classify the following items which of them are current liabilities: Owing to bank, Loan from Bank, Mortgage, Trade Payable for goods, Debenture

Ex 4.6 - Find out non-current liability and current liability from the following information: Loan to Apollo, Computers, Bank overdraft, We owe a supplier for goods, Fixtures and fittings, Warehouse we own

Ex 4.7 - Find out non-current liability and current liability from the following Motor vehicles, Owing to bank, Premises, Debenture, Trade Payable for information: goods, Loan from Square Hospital, Inventory of goods, Machinery, Bank Loan

Ex 4.8 - Find out non-current liability and current liability from the following information: Loan from Lubanah, Inventory of goods, Cash in hand, Trade Receivable, Machinery, Money owing to bank, Trade Payable. Bank loan, Motor vehicles

Ex 4.9 Find out non-current asset, Current asset, non-current liability and current liability from the following information: Cash at bank, Loan from Wazid, Fixtures, Machinery, Trade Payable, Motor vehicles, Building, Inventory of goods, Trade Receivable, Capital. Bank Loan, Loan from Parent, Loan to Spiderman.​

Answer 1

Explanation:

llowing items which of them are current liabilities: Owing to bank, Loan from Bank, Mortgage, Trade Payable for goods, Debenture

Ex 4.6 - Find out non-current liability and current liability from the following information: Loan to Apollo, Computers, Bank overdraft, We owe a supplier for goods, Fixtures and fittings, Warehouse we own

Ex 4.7 - Find out non-current liability and current liability from the following Motor vehicles, Owing to bank, Premises, Debenture, Trade Payable for information: goods, Loan from Square Hospital, Inventory of goods, Machinery, Bank Loan

Ex 4.8 - Find out non-current liability and current liability from the following information: Loan from Lubanah, Inventory of goods, Cash in hand, Trade Receivable, Machinery, Money owing to bank, Trade Payable. Bank loan, Motor vehicles

Ex 4.9 Find out non-current asset, Current asset, non-current liability and current liability from the following information: Cash at bank, Loan from Wazid, Fixtures, Machinery, Trade Payable, Motor vehicles, Building, Inventory of goods, Trade Receivable, Capital. Bank Loan, Loan from Parent, Loan to Spiderman.