Solved

Gurbinder Limited Has Non-Current Assets of £250,000, Current Assets of £142,000

Question 2

Multiple Choice

Gurbinder Limited has non-current assets of £250,000, current assets of £142,000, current liabilities of £125,000 and equity of £150,000. Using the accounting equation, calculate the figure for non-current liabilities.


A) £667,000
B) £383,000
C) £367,000
D) £117,000

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents