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Which section in the statement of financial position

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Reference no: EM132906679

Problem 1: Income received in advance is shown under which section in the statement of financial position?

A. Non-current assets.
B. Current assets.
C. Non-current liabilities.
D. Current liabilities.

Problem 2: Accrued expenses are shown under which section in the statement of financial position?

A. Non-current assets.
B. Current assets.
C. Non-current liabilities.
D. Current liabilities

Problem 3: Prepaid expenses are shown under which section in the statement of financial position?

A. Non-current assets.
B. Current assets.
C. Non-current liabilities.
D. Current liabilities

Reference no: EM132906679

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