Answers
A) Money owing to bank = Liability.
B) Stock of goods = Assets.
C) Loan from omer = Liability.
D) Creditor = Liability.
E) Debtor = Assets.
F) Capital. = Liability.
SUMMARY:
Assets are the resources that is owned by the company while liabilities are something that is a person or company owes.
In the above question,
Assets includes stock of goods, debtors, while liabilities includes money owing to bank, loan from omer, creditor and capital.
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