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Which of the following is a Liability? 1. Old Motor vehicle 2. Trade Payables 3. Cash stolen from the Till 4. Bank overdraft Select one:
Which of the following is a Liability? 1. Old Motor vehicle 2. Trade Payables 3. Cash stolen from the Till 4. Bank overdraft Select one: a. 1 and 4 only b. 1 and 3 only c. 2 and 4 only d. 1, 2 and 3 Which of the following best explains why a supplier would be interested in the financial statements of a company? Select one: A. To assess the likely risks and returns in order to determine its investment potential B. To assess the ability of the business to pay for goods and services supplied C. To assess the profitability of the business in order to decide whether to invest in it D. To help them make decisions and plans for the business
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