Question - 01

Rearrange the following items under three heads: (i) Fixed Assets, (ii) Current Assets, (iii) Loans and Advances.

(i) Loose tools, (ii) Goodwill, (iii) Bills Receivables, (iv) Debtors, (v) Land, (vi) Trade Stock, (vii) Vahicles, (viii) Cash at Bank, (ix) Work in progress, (x) Plant, (xi) Accured interest, (xii) Furniture !

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