balance sheet Flashcards
(8 cards)
1
Q
non current assets
A
property plant equipment
accumulated depreciation
2
Q
current assets
A
cash, debtors, stock,
3
Q
current liabilities
A
bank overdrafts
trade creditors
other short term loans
current liabilities
4
Q
non current liabilities
A
long term borrowings
5
Q
equity
A
share capital
retained earnings
6
Q
jak to idzie
A
non current assets
current assets
total assets
current liabilities
non-current liabilities
total liabilities
net assets
equity
total equity
7
Q
equity must…
A
equal net assets
8
Q
net assets must…
A
equal equity
