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    Exam 1: Introduction to Financial Accounting
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    LPR Is a Company That Commenced Business on 1 January
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LPR Is a Company That Commenced Business on 1 January

Question 44

Question 44

Multiple Choice

LPR is a company that commenced business on 1 January 2016. Below are the balances in the 30 June 2016 financial statements.
LPR is a company that commenced business on 1 January 2016. Below are the balances in the 30 June 2016 financial statements.   What is the balance of liabilities? A)  $18 000 B)  $30 000 C)  $20 000 D)  $21 000
What is the balance of liabilities?


A) $18 000
B) $30 000
C) $20 000
D) $21 000

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