19. Which of the following items belong to the same group component in statement of financial position? A. Accounts receivables, inventory and bad debts. B. Accounts payable, prepaid rental income and bank overdraft. C. Quoted investment, Patents and Loan. D. Accrued rental expenses, accounts receivable and inventory.

18. 8. Based on the following information, calculate the total revenues using the accounting equation. Particular RM Assets 320,000 Capital 300,000 Liabilities 60,000 Expenses 200,000 A. RM480,000 B. RM520,000 C. RM180,000 D. RM160,000

17. Which of the following items is a current asset? A. Prepaid commission received B. Prepaid rental income C. Accrued utilities expense D. Accrued dividend income