We read your photo as:
Capital: Owner's equity*
Accounting
ScanSolve AI Answer
Here is the classification of the items:
- Capital: Owner's equity
- Bad debts: Expense
- Shop fittings: Non-current assets
- Stationery: Expense
- Telephone: Expense
- Land and buildings: Non-current assets
- Revenue: Income
- Interest on bank overdraft: Expense
- Inventory: Current assets
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