Classified Balance Sheet Flashcards

(45 cards)

1
Q

Cash on Hand

A

Current Assets Cash and Cash Equivalents

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2
Q

Petty Cash

A

Current Assets Cash and Cash Equivalents

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3
Q

Cash at Bank

A

Current Assets Cash and Cash Equivalents

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4
Q

Deposits at Call

A

Current Assets Cash and Cash Equivalents

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5
Q

Bank Bills/ Commercial Bills

A

Current Assets Cash and Cash Equivalents

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6
Q

Accounts Receivable

A

Current Assets Receivables

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7
Q

Less Allowance for Doubtful Debts

A

Current Assets Receivables

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8
Q

Interest Receivable / Accrued Income

A

Current Assets Receivables

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9
Q

Inventory/Stock

A

Current Assets Inventory

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10
Q

Prepaid Expense

A

Current Assets Other Current Assets

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11
Q

Prepayments

A

Current Assets Other Current Assets

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12
Q

Supplies/Materials

A

Current Assets Other Current Assets

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13
Q

Stationary Asset

A

Current Assets Other Current Assets

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14
Q

Marketable Securities

A

Current Assets Other Current Assets

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15
Q

Term Deposits maturing this year

A

Current Assets Other Current Assets

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16
Q

Government Bonds maturing this year

A

Current Assets Other Current Assets

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17
Q

Term Deposits maturing after this year

A

Non Current Assets Investments

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18
Q

Government Bonds maturing after this year

A

Non Current Assets Investments

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19
Q

Shares in Other Companies

A

Non Current Assets Investments

20
Q

Land - at revalued amount/fair value

A

Non Current Assets Property. Plant and Equipment

21
Q

Plant and Equipment (at cost)

A

Non Current Assets Property. Plant and Equipment

22
Q

Less Accumulated Depreciation

A

Non Current Assets Property. Plant and Equipment

23
Q

Buildings (at cost)

A

Non Current Assets Property. Plant and Equipment

24
Q

Less Accumulated Depreciation

A

Non Current Assets Property. Plant and Equipment

25
Motor Vehicles (at cost)
Non Current Assets Property. Plant and Equipment
26
Less Accumulated Depreciation
Non Current Assets Property. Plant and Equipment
27
Cost of Patents
Non Current Assets Other Intangible Assets
28
Copyrights
Non Current Assets Other Intangible Assets
29
Trademarks
Non Current Assets Other Intangible Assets
30
Goodwill
Non Current Assets Goodwill
31
Bank Overdraft
Current Liabilities Short Term Borrowings
32
Loans (due to be repaid this year)
Current Liabilities Short Term Borrowings
33
Accounts Payable
Current Liabilities Payables
34
Salaries Payable/Accrued Expenses
Current Liabilities Payables
35
Income Tax Payable/Current Tax Liability
Current Liabilities Income Tax Payable
36
Unearned Income/Revenue Received in Advance
Current Liabilities Other Current Liabilities
37
Loans (due to be repaid after this year)
Non Current Assets Long Term Borrowings
38
Mortgage Loans
Non Current Assets Long Term Borrowings
39
Debentures
Non Current Assets Long Term Borrowings
40
Unsecured Notes
Non Current Assets Long Term Borrowings
41
Preference Share Capital
Equity Share Capital
42
Ordinary Share Capital
Equity Share Capital
43
Revaluation Reserves
Equity Reserves
44
General Reserve
Equity Reserves
45
Retained Earnings
Retained Earnings