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Business Equity equals to: Question 4 Not yet answered Marked out of 1.00 Flag question O A. Capital plus drawings. O B. Current assets plus

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Business Equity equals to: Question 4 Not yet answered Marked out of 1.00 Flag question O A. Capital plus drawings. O B. Current assets plus non-current assets minus total liabilities. O C. Total assets minus total liabilities. O D. Total liabilities plus current assets. Question 5 Not yet answered One of the following item does not belong the current assets section of the Statement of Financial Position? Marked out of 1.00 Flag question O A. Trade debtors O B. Inventories O C. Mortgage bond O D. Bank Question 6 Not yet answered Furniture purchased on credit will result in an: Marked out of 1.00 P Flag question A. Increase in assets and decrease in expenses. B. Increase in expenses and increase in liabilities. O C. Increase in assets and increase in liabilities. O D. Increase in assets and decrease in incomes

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