Use the information below to answer question

i) Stock of goods
ii) Furniture
iii)Creditors
iv) Cash at bank
v) Loan from the bank

A. iii and v
B. ii and iii
C. iv and v
D. i and ii

Correct Answer:

Option A – iii and v

SEE ALSO  Discount allowed as represented in the control account appears on the?

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