Calculate
if Asset is 200 000 and liability is 150 000..what is the capital ?
50 000
cash at bank is a asset or liability?
Asset
Trade Payable was 5000 .We Purchased Additional Machinery on credit for 2000 ...what is the value of trade Payable now?
7000
If a Customer pays u by cheque which are the dual effect on statement of financial position.?
Trade receivale Decreases
Bank Increases