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| Return to the original worksheet Return to Bized    Assets And Liabilities - Which Are Which?
 To find out more about the way the accounts department works, why not have a look at the accounts explanation section? What current assets can you see in picture 1? What other current assets are there? | | In what circumstances might purchase of these assets also have led to a current liability? (N.B. Think how they can buy it if they don't have the cash in the bank.) | | | | Picture 2 is of the artwork being sprayed on to a balloon. What fixed assets and what current assets would you expect there be in this department? (N.B. Give each of the assets in detail - not the general heading it comes under.) 
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