Classify the following into assets or liabilities: (a) Business premises (b) Bank overdraft (c) Money owed by

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Classify the following into assets or liabilities:

(a) Business premises

(b) Bank overdraft

(c) Money owed by others to the business

(d) Equipment owned by the business

(e) Mortgage on premises

(f ) Cash held in till

(g) Unpaid bill.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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Question Posted: Mar 08, 2024 07:02 AM

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Classify the following into assets or liabilities: (a) Business premises (b) Bank overdraft (c) Money owed by

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Frank Woods Business Accounting Basics

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