Classification of Financial Elements Flashcards
get money (20 cards)
1
Q
Sales
A
Revenue/Income
2
Q
Fees
A
Revenue/Income
3
Q
Commission Received
A
Other Income
4
Q
Gain on Sale of a Fixed Asset
A
Other Income
5
Q
Interest Received
A
Other Income
6
Q
Rent Received
A
Other Income
7
Q
Discount Received
A
Other Income
8
Q
Dividends Received
A
Other Income
9
Q
Advertising
A
Distribution Cost
10
Q
Cartage Outwards
A
Distribution Cost
11
Q
Commission
A
Distribution Cost
12
Q
Delivery Expenses
A
Distribution Cost
13
Q
Depreciation on Shop Fittings
A
Distribution Cost
14
Q
Depreciation on Delivery Vehicles
A
Distribution Cost
15
Q
Freight Outwards
A
Distribution Cost
16
Q
Repairs to Delivery Vehicles
A
Distribution Cost
17
Q
Repairs and Maintenance (Shop Fittings)
A
Distribution Cost
18
Q
Sales Wages and Salaries
A
Distribution Cost
19
Q
Travelling Expenses
A
Distribution Cost
20
Q
Loss on sale of Distribution Asset
A
Distribution Cost
