Grade 12, term 2, classification Flashcards
Sales
Revenue - ordinary
Sales returns - neg
Revenue - ordinary
Service fees
Revenue - ordinary
Commission revenue
Revenue - other ordinary
Interest revenue
Revenue - other ordinary
Rent revenue
Revenue - other ordinary
Revenue from legal action
Revenue - other ordinary
Gain on sale
Revenue - other ordinary
Revenues outside ordinary activities
Revenue - extraordinary
Cost of goods sold
Expenses - cost of sales
Inventory adjustment / shortage
Expenses - cost of sales
Cartage inwards
Expenses - cost of sales
Packaging expense
Expenses - cost of sales
Buying expense
Expenses - cost of sales
Advertising
Other ordinary - selling and distribution
Cartage outwards - delivery expense
Other ordinary - selling and distribution
Commission on sales
Other ordinary - selling and distribution
Delivery vehicle expenses
Other ordinary - selling and distribution
Depreciation on delivery vehicle
Other ordinary - selling and distribution
Salaries - sales personnel
Other ordinary - selling and distribution
Showroom expenses
Other ordinary - selling and distribution
Wages - sales personnel
Other ordinary - selling and distribution
Direct mailing selling expense
Other ordinary - selling and distribution
Loss on disposal or delivery vehicle
Other ordinary - selling and distribution
Computer expense
Other ordinary - general and administrative
Electricity
Other ordinary - general and administrative
Insurance
Other ordinary - general and administrative
Motor vehicle expense
Other ordinary - general and administrative
Rates and taxes
Other ordinary - general and administrative
Rent expense
Other ordinary - general and administrative
Repairs and maintenance
Other ordinary - general and administrative
Salaries - office personnel
Other ordinary - general and administrative
