2.1 Alexanders business manufactures and sells biscuits to supermarkets and grocery shops. Below are descriptions of some

Question:

2.1 Alexander’s business manufactures and sells biscuits to supermarkets and grocery shops.

Below are descriptions of some of the items in his statement of financial position. For each item fill in the adjacent box with ASSET or LIABILITY.

Cash kept in a tin in the factory office Oven Bank loan, repayable over 5 years Plastic packaging for biscuits Flour and sugar Amounts payable to supplier of dried fruit

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: