deficit
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter7: Introduction To Financial Statement Analysis
Section: Chapter Questions
Problem 8Q
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Question
If the total asset is smaller than total liabilities and equity on the
And if it's a deficit should I add the AFN amount to cash and cash equivalents or to accruals and other payables? or to debt?
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If it is a deficit why should add AFN amount to cash and cash equivalents, not to debt? can you clarify this, please
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