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  3. or (b) categorise the items listed below to the ap

or (b) Categorise the items listed below to the appropriate categories, such non-current assets, current...

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Accounting

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or (b) Categorise the items listed below to the appropriate categories, such non-current assets, current assets, non-current liabilities, current liabilities, revenue expenses. Items Categories Example Account Payable Current Liabilities I. Building II. Loan to Simon III. Bank overdraft IV. Office equipment V. We owe a supplier for inventory Goods purchase for resale VI. VII. Salary VIII. Commission received IX. Account receivables X. Motor vehicle expenses (5 marks) Page 3 of 4

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