Balance Sheets

Accounts Payable is a:

• Current Asset
• Current Liability
• Non Current Asset
• Non Current Liability

Accounts Receivable is a:

• Current Asset
• Current Liability
• Non Current Asset
• Non Current Liability

An overdraft is a:

• Current Asset
• Current Liability
• Non Current Asset
• Non Current Liability

An building is a:

• Current Asset
• Current Liability
• Non Current Asset
• Non Current Liability

A mortgage is a:

• Current Asset
• Current Liability
• Non Current Asset
• Non Current Liability

A cash register is a:

• Current Asset
• Current Liability
• Non Current Asset
• Non Current Liability

A business' inventory is a:

• Current Asset
• Current Liability
• Non Current Asset
• Non Current Liability

Goodwill (the reputation of a business) is a

• Current Asset
• Current Liability
• Non Current Asset
• Non Current Liability

A = 100
OE = 20
L = ?

• 120
• 80
• 40
• 5

A = ?
OE = 20
L = 90

• 70
• 110
• 100
• 180