Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
54 Cards in this Set
- Front
- Back
Cartage Inwards |
Cost of Goods Sold |
|
Bank |
Current Asset |
|
Accounts Payable |
Current Liability |
|
Office Expenses |
Administrative Expense |
|
Sales Assistant's Wages |
Distribution Cost |
|
Rates |
Administrative Expenses |
|
Store Rent |
Distribution Cost |
|
Goodwill |
Intangible Asset (Non-Current) |
|
GST Payable |
Current Liability |
|
Interest on Mortgage |
Finance Cost |
|
Prepayment |
Current Asset |
|
Accounts Receivable |
Current Asset |
|
Purchases |
COGS |
|
Inventory (Closing) |
COGS & Current Asset |
|
Stationary |
Administrative Expense |
|
Accrued Expenses |
Current Liability |
|
Depreciation on Shop Fittings |
Distribution Cost |
|
Delivery Expenses |
Distribution Cost |
|
Freight Outwards |
Distribution Cost |
|
Depreciation on Delivery Van |
Distribution Cost |
|
Advertising |
Distribution Cost |
|
Delivery Van Insurance |
Distribution Cost |
|
Office Expenses |
Administrative Expenses |
|
Interest Received |
Other Income |
|
Sales |
Revenue |
|
Insurance |
Administrative Expenses |
|
Depreciation on Building |
Administrative Expenses |
|
Store Rent |
Distribution Cost |
|
Interest on Loan |
Finance Cost |
|
Dividends Received |
Other Income |
|
Petrol and Oil |
Distribution Cost |
|
Freight Inwards |
COGS |
|
Customs Duty |
COGS |
|
Repairs and Maintenance |
Administrative Expense |
|
Interest on Term Deposit |
Other Income |
|
Income in Advance |
Current Liability |
|
Delivery Van |
Property, Plant, and Equipment (PPE) |
|
Computer Equipment |
Property, Plant, and Equipment (PPE) |
|
Mortgage |
Non-Current Liability |
|
Shop Fittings |
Property, Plant, and Equipment (PPE) |
|
Term Deposit |
Investment Asset (Non-Current) |
|
Bank Overdraft |
Current Liability |
|
Petty Cash |
Current Asset |
|
Shares in ABC Ltd |
Investment Asset(Non-Current) |
|
Loan |
Non-Current Liability |
|
Land |
Property, Plant, and Equipment (PPE) |
|
Hire Purchase |
Non-Current Liability |
|
Accrued Income |
Current Asset |
|
Drawings |
Equity |
|
Capital |
Equity |
|
Courier Expenses |
Distribution Cost |
|
Supplies on Hand |
Current Asset |
|
Landscaping Supplies Used |
Landscaping Costs (Distribution Costs for a Service Business) |
|
Cash on Hand |
Current Asset |