Question: 400 root Calibri 11 A. A PART 1- IDENTIFY WHICH FINANCIAL STATEMENT ELEMENTS EACH OF THE FOLLOWING WOULD FALL UNDER: (50 PTS) 1. CASH DEPOSITED
400 root Calibri 11 A. A PART 1- IDENTIFY WHICH FINANCIAL STATEMENT ELEMENTS EACH OF THE FOLLOWING WOULD FALL UNDER: (50 PTS) 1. CASH DEPOSITED IN THE BANK Assets 2. MONEY OWING SUPPLIERS ability 3. SALES FOR THE WEEK Revenue Expenses 4. MOTOR VEHICLE USED IN TRANSPORTING GOODS TO CUSTOMERS Assets 5. COUNTERS SET UP IN THE SHOP Assets 6. MONEY PUT INTO THE BUSINESS BY OWNER - J PUBLIC Hability 7. TRADE LICENSE FEE PAID TO CITY COUNCIL Expense 8. ADS TAKEN OUT IN LOCAL NEWSPAPER Expenses 9. RENT PAID TO LANDLORD FOR BUSINESS PREMISE Expenses 10. CREDIT PROVIDED TO CUSTOMERS Hability 11. MONEY OWING EMPLOYEES liability 12. LOAN GOTTEN FROM DFC mability 13. OFFICE SUPPLIES PURCHASED FROM ANGELUS PRESS Expenses 14. WATER COOLER PURCHASED FOR OFFICE Expenses 15.COMPUTER PURCHASED FOR OFFICE AS
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