Which of the items in the following list are liabilities and which of them are assets (a) Loan to C Shirley (b) Bank overdraft (c) Fixtures and fittings (d) Computers (e) We owe a supplier for goods (f) Warehouse we own ...

In accounting liabilities are obligations or debts that a company owes to external parties while ass ...

Which of the items in the following list are liabilities and which of them are assets? (a)

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Which of the items in the following list are liabilities and which of them are assets?

(a) Loan to C Shirley

(b) Bank overdraft

(d) Computers

(e) We owe a supplier for goods

(f) Warehouse we own

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Frank Woods Business Accounting Volume 1

ISBN: 9780273681496

10th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Aug 19, 2023 06:10 AM

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Which of the items in the following list are liabilities and which of them are assets? (a)

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Frank Woods Business Accounting Volume 1

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