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ABC Is a Company That Commenced Business on 1 January

Question 18

Multiple Choice

ABC is a company that commenced business on 1 January 2019. Below are the balances in the 30 June 2019 financial statements. ABC is a company that commenced business on 1 January 2019. Below are the balances in the 30 June 2019 financial statements. What is the balance of liabilities? A) $7 000 B) $9 000 C) $15 000 D) None of the above What is the balance of liabilities?


A) $7 000
B) $9 000
C) $15 000
D) None of the above

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