Statement of financial position Flashcards by Ayesha Ahmed | Brainscape

Q

Net current assets

A

Current assets-current liabilities

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Net assets

A

Assets-liabilities

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Capital employed our total equity=

A

Capital+ retained profit-drawings

How well did you know this?

1

Not at all

2

3

4

5

Perfectly