Question
Super Bazar purchases goods for Rs.10,000 on credit for a month from Fast Food Products on March 25, 2018. If the balance sheet of Super Bazaar is prepared as at March 31, 2018, Fast Food Products will be shown as:
Answer: Option B
:
B
If the balance sheet of Super Bazaar is prepared on March 31, 2018, Fast Food Products will be shown as creditors on the liabilities side of the balance sheet.
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:
B
If the balance sheet of Super Bazaar is prepared on March 31, 2018, Fast Food Products will be shown as creditors on the liabilities side of the balance sheet.
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