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64 Cards in this Set
- Front
- Back
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Sales
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Income (credit)
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Fees received
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Income (credit)
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Sales returns
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(Income)
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Cost of goods sold
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(Income)
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Distribution costs
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Debit
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Advertising
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Distribution costs
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Sales wages
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Distribution costs
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Shop rent
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Distribution costs
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Delivery expenses
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Distribution costs
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Depreciation on delivery vehicles
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Distribution costs
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Depreciation on shop equipment/fittings
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Distribution costs
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Shop electricity
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Distribution costs
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Petrol and oil
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Distribution costs
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Administrative expenses
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Debit
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Office expenses
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Administrative expenses
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Bad debts
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Administrative expenses
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Doubtful debts
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Administrative expenses
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Depreciation on office equipment/buildings etc
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Administrative expenses
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Accountancy fees
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Administrative expenses
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Rent
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Administrative expenses
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Telephone
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Administrative expenses
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Electricity
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Administrative expenses
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Insurance
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Administrative expenses
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Discount allowed
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Administrative expenses
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Office supplies used
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Administrative expenses
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Stationary
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Administrative expenses
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General expenses
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Administrative expenses
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Finance costs
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Debit
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Interest on morgage/loan
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Finance costs
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Current assets
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Debit
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Bank
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Current assets
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Petty cash
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Current assets
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Accounts receivable
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Current assets
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Allowance for Doubtful Debts
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(Current assets)
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Inventory
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Current assets
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Prepayments
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Current assets
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Accrued revenue
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Current assets
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Supplies on hand
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Current assets
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GST receivable
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Current assets
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Property Plant and Equipment
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Debit
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Land
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PPE
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Buildings
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PPE
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Fixtures/Fittings
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PPE
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Vehicles
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PPE
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Shop/Office Equipment
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PPE
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Accumulated depreciation
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(PPE)
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Investments
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Debit
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Term Deposit
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Investments
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Shares in ABC
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Investments
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Intangibles
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Debit
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Goodwill/patents
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Intangibles
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Current liabilities
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Credit
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Bank overdraft (credit)
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Current liabilities
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Accounts Payable
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Current liabilities
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GST payable
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Current liabilities`
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Accrued expenses
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Current liabilities
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Income in advance
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Current liabilities
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Non current liabilities
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Credit
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Morgage
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Non current liabilities
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Loan
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Non current liabilities
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Equity
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Credit
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Capital
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Equity
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Drawings
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(Equity)
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Net Profit/Loss
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Equity, profit (loss)
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