Enter Title

Calculate

100

if Asset is 200 000 and liability is 150 000..what is the capital ?

50 000

200

Trade Payable was 5000 .We Purchased Additional Machinery on credit for 2000 ...what is the value of trade Payable now?

7000

Classify

100

cash at bank is a asset or liability?

Asset

200

If a Customer pays u by cheque which are the dual effect on statement of financial position.?

Trade receivale Decreases

Bank Increases