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Asset or Liability? (ACCA FA)

Exercise and reference answers

Items
  1. Item
    Inventory
    Answer
    left
  2. Item
    Trade payables
    Answer
    right
  3. Item
    Cash at bank
    Answer
    left
  4. Item
    Bank loan
    Answer
    right
  5. Item
    Receivables
    Answer
    left
  6. Item
    Accrued expenses
    Answer
    right
  7. Item
    Motor vehicle
    Answer
    left
  8. Item
    Bank overdraft
    Answer
    right
Categories
Left
Asset
Right
Liability
Instructions
Swipe each item to asset or liability.
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