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Principles of Accounts. enter. by Lai Ka Yan (4A). What are…?. Assets…… Capital…… Liabilities……. assets. assets are resources owned by a business. For example……. BACK. capital. Capital is the total amount of resources supplied to a business by its owner. BACK. liabilities.
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Principles of Accounts enter by Lai Ka Yan (4A)
What are…? Assets…… Capital…… Liabilities……
assets • assets are resources owned by a business. For example…… BACK
capital • Capital is the total amount of resources supplied to a business by its owner. BACK
liabilities • Liabilities are the total of money owed for assets supplied to a business by people other than the proprietor. BACK NEXT
Questions 1 Are they assets ? YES NO
SURE!!! you are right Next!!!YEAH!
SORRY You are wrong! Go back!!
Question 2 2)what is this? a.capital b.assets c.liabilities
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