Commerce and Accounting · JCE / Final accounts

StructuredPast exam questionForm 3 · JCE

Sam obtained a mortgage of P200 000 from BDB bank. Which two sections in Sam's Statement of Financial Position will be affected?

  1. aTwo sections [2]

You'll mark your own answer against the marking guide when you hand it in.

Source: BEC JCE Commerce and Accounting 2020, Paper 1, Question 21
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