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INTERPRETING BALANCE SHEETS Exercise 1: Classify the following list of Assets into Fixed and Current Assets Computer Software A Tractor Cash at Bank 24-hour notice
INTERPRETING BALANCE SHEETS Exercise 1: Classify the following list of Assets into Fixed and Current Assets
Computer Software A Tractor Cash at Bank 24-hour notice account A Debtor A Computer A Motor Vehicle A Building A Desk A Filing Cabinet Exercise 2: Classify the following items into either long-term or current liabilities Mortgage bond Accounts payable Bank overdraft Loan from owners brother Finance agreement on Motor vehicle
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