Classify in the table format. State whether the following are non-current assets, current assets, owner's equity,(a) Premises(b) Long-term loans(c) insurance(d) Dividends received(e) Inventories@Capitaln Bank overdraftsnon-current liabilities, current liabilities, income or expenses(g) Cash in hand(h) Motor vehicles() Trade receivablesO Trade payables(k) Fixtures and fittings(m) Machineries(n) Franchises

State whether the following are non-current assets, current assets, owner's equity. non-current liabilities, current liabilities, income or expenses (a) Premises (bi Long-term loans (a insurance (d) Dividends received (e) inventories Capital (g) Cash in hand (n) Motor vehicles () Trade receivables O Trade payables (k) Foxtures and fittings (m) Machineries

State whether the following are non-current assets, current assets, owner's equity. non-current liabilities, current liabilities, income or expenses (a) Premises (bi Long-term loans (a insurance (d) Dividends received (e) inventories Capital (g) Cash in hand (n) Motor vehicles () Trade receivables O Trade payables (k) Foxtures and fittings (m) Machineries

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter23: Statement Of Cash Flows

Section: Chapter Questions

Problem 1CE

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