Please help me with this question....
Answers
Answer:
mere ko pata aur mere ko breadless per Le Lena thank you help me
Answer:
(a) Current Assets = Cash at bank, Bills Receivable, Sundry Debtors, Live stock, stock of finished goods, Advance tax, income received in advance, inventory, loose tools, prepaid insurance, stores & spares, cheque & drafts, Raw material, advance from customer.
(b) Non-current Assets = Machinery, Investments, computer, Goodwill, Land & Building, Patents, Copy rights, Furniture & Fittings, computer software, Motor vehicle, Air conditioner, Interest accrued on investment, Licenses & franchise, Trademark, office equipments.
(c) Current Liabilities = Sundry Creditors, outstanding salary, Bills payable, Bank overdraft.
(d) Non-current Liabilities = Loan from bank, Debentures.
Explanation:
Note -
1. Investments can be short term or long term both. It's not specified in the question so i took investment as long term investment.
2. Bank loan is also not specified so i took it as long term loan also.