Match the following:
(a) land and building
(i) liability
(b) Neither tangible nor intangible.
(ii) tangible assets
(c) Amount owed by business.
(iii) Cash flow statement.
(d) Inflow & outflow of cash.
(iv) Fictitious Assets.
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Answer:
land and building- tangible assets.
Neither tan nor intang- fictitious assets.
Amt. owed by business- liability.
Inflow and outflow of cash- cash flow statement.
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