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What are the correct Statement of Financial Position (Balance Sheet) categories for the following:- Amounts owed to suppliers, goodwill, reserves A Non-current liability, current asset,
What are the correct Statement of Financial Position (Balance Sheet) categories for the following:- Amounts owed to suppliers, goodwill, reserves A Non-current liability, current asset, equity B Current liability, current asset, non-current asset C Non-current asset, equity, current asset D Current liability, non-current asset, equity A company sells 4,000 of inventory for 6,000 on credit. Taking only this transaction into account, which of the following statements is untrue? A The equity will be changed B The current assets will be changed C The cash will be unchanged D The total assets will be unchanged
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