Accounting + Finance REALO Flashcards
0
Q
Accounts Receivable
A
Asset
1
Q
Accounts Payable
A
Liability
2
Q
Advertising
A
Expense
3
Q
Buildings
A
Asset
4
Q
Capital
A
Owner’s Equity
5
Q
Cash at Bank
A
Asset
6
Q
Commission Revenue
A
Revenue
7
Q
Cost of Goods Sold
A
Expense
8
Q
Delivery Van
A
Asset
9
Q
Delivery Van Expenses
A
Expense
10
Q
Drawings
A
Owner’s Equity
11
Q
Electricity
A
Expense
12
Q
GST Payable
A
Liability
13
Q
Insurance
A
Expense
14
Q
Interest on Mortgage
A
Expense
15
Q
Interest Revenue
A
Revenue
16
Q
Inventories
A
Asset
17
Q
Land
A
Asset
