Reading...
Play button
Play button
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;
12 Cards in this Set
- Front
- Back
|
Depreciation
|
価値が徐々下がるコト
decrease in values of asset. Cash does not depreciate. |
|
|
Estimated Life
|
estimated amount of life in asset.
|
|
|
Salvage Value
|
amount you would like to get for asset when you trade it in.
|
|
|
Book value
|
present value of your asset.
(computer equipment から accumulated dep. を引く) |
|
|
current ratio
|
can i pay all my current liabilities at this time?
current ratio= current assets/current liabilities |
|
|
current assets
|
cash+assets that can easily be turned to cash.
|
|
|
plant assets
|
assets which depreciate.
land |
|
|
contra accounts
|
account linked with another account and having an opposite normal balance;reported as a subtraction from the other account's balanc
Accumulated Dep.-Equipment Equipment |
|
|
Adjusting
|
Journal entry at the end of accounting period to being an asset or liability account to its proper amount and update the related expense or revenue account.
|
|
|
Net Income
|
Amount earned after subtracting all expenses necessary for and matched with sales for a period;also called income, profit, or earnings.
revenues exceed expenses |
|
|
Net loss
|
Excess of expences over revenues for a period.
|
|
|
withdrawals
|
assets an owner takes from the company for personal use.
|
