Exam (elaborations)
FAC with complete solution questions and answers
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Uploaded on
05-04-2023
Written in
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Assests Assets are resources owned by the business, which have economic value and a business uses to generate income. Liabilities Liabilities are creditors' interest or interests of parties other than the owner(s). Liabilities are therefore the debts of the business. Expenses An expense is a cost related to the day-to-day running of a business. An expense is a debit.
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Institution
FAC1501
Course
FAC1501
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Written for
- Institution
- FAC1501
- Course
- FAC1501
Document information
- Uploaded on
- April 5, 2023
- Number of pages
- 1
- Written in
- 2022/2023
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
- liabilities liabilities
-
fac1501 2023 with complete solution questions and answers
-
assests assets are resources owned by the business
-
which have economic value and a business uses to generate income
$6.49
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