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Question 3: Categorize the following accounts as to whether theyre Asset, Liability, accounts.(6 marks) Sundry creditors Goodwill Cash in hand Income Received in Advance Bills

Question 3: Categorize the following accounts as to whether theyre Asset, Liability, accounts.(6 marks)

Sundry creditors

Goodwill

Cash in hand

Income Received in Advance

Bills receivable

Bills payable

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