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Accountancy
throw up throw up Jan 13, 2021

Classify the following accounts in to Assets, liabilities, capital, expenses/losses and gains.a) Plantb) Drawingsc) Salesd) Debtorse) Outstanding wages.f) Rent receivedg) Looses toolsh) Goodwilli) Capitalj) Bank overdraftk) Advertisement1) Insurance​

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D Closing net assets + drawings + capital introduced – opening net assets. 2 ... (1) The company's exposure to debts and liability is limited ... (4) Rent received was included in the trial balance as a debit balance. A.

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Margaret Lopez Margaret Lopez
Jan 13, 2021
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