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Homework answers / question archive / Question 1 Marks: 10) The following information is directly from the books of Hamiliton Engineering (Pty) Ltd, For each of the items below: Allocate to the correct components (element) of financial statements

Question 1 Marks: 10) The following information is directly from the books of Hamiliton Engineering (Pty) Ltd, For each of the items below: Allocate to the correct components (element) of financial statements

Accounting

Question 1 Marks: 10) The following information is directly from the books of Hamiliton Engineering (Pty) Ltd, For each of the items below: Allocate to the correct components (element) of financial statements. Also state the full name of the correct financial statement in which the item will be presented. .
Q.1.1 The engine for the new F1 car. (2) Q.1.2 A loan from Le Clere Bank. (2) Q.1.3 Fuel bought for the car. (2) Q.1.4 A debt receivable from Ricardo driving institution. (2) Q.1.5 Sales for the sale of Racing merchandise. (2)

 

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