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  • Assessment Vallestero

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    galimbasophia
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    This document provides an assessment asking the reader to identify various items as either assets, liabilities, or capital, and to further specify if identified assets or liabilities are current or non-current. The items include tools and equipment, salaries payable, cash on hand, a cash bank deposit, a delivery truck, an obligation to pay a supplier, a 5-year bank loan, an investment in long-term bonds, and prepaid insurance.

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    ASSESSMENT-VALLESTERO

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    This document provides an assessment asking the reader to identify various items as either assets, liabilities, or capital, and to further specify if identified assets or liabilities are current or non-current. The items include tools and equipment, salaries payable, cash on hand, a cash bank deposit, a delivery truck, an obligation to pay a supplier, a 5-year bank loan, an investment in long-term bonds, and prepaid insurance.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views1 page

    Assessment Vallestero

    Uploaded by

    galimbasophia
    This document provides an assessment asking the reader to identify various items as either assets, liabilities, or capital, and to further specify if identified assets or liabilities are current or non-current. The items include tools and equipment, salaries payable, cash on hand, a cash bank deposit, a delivery truck, an obligation to pay a supplier, a 5-year bank loan, an investment in long-term bonds, and prepaid insurance.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Vallestero, Sophia Marie G.

    ASSESSMENT: For each item, indicate whether it is an asset, a liability od capital in column A. Then if the
    item is an asset or a liability, indicate if it is current or non-current in column B. If the item is capital,
    place N/A in column B.

    A B
    1. Tools and equipment Asset Non-Current
    2. Salaries payable Liability Current
    3. Additional investment- owner
    4. Cash on hand Asset Current
    5. Cash deposit in bank Asset Current
    6. Delivery truck Asset Non-current
    7. Obligation to pay supplier Liability Current
    8. Loan from bank- 5 years Liability Non-current
    9. Investment in long term bonds Liability Non-current
    10. Prepaid insurance Asset Current

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