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Business GCSE Edexcel > Filling In Documents > Flashcards

Flashcards in Filling In Documents Deck (15)
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1

What is a Profit and Loss account?

A Profit and Loss account shows the profits or losses over a certain period of time

2

What are Cost of Sales?

The Cost of Sales is the accumulated total of all costs used to create a product or service, that has been sold

3

What are examples of Sales and
Marketing expenses?

Advertising costs, direct mailing costs, entertainment costs, sales materials costs (brochures) and travel costs

4

What are examples of Office-related expenses?

Accounting expenditures, insurance costs, legal fees, office supplies, rent costs, repair costs and utility costs

5

What do you need to check documents for?

Correct document numbers, correct product code/description, discount being removed not added and VAT being added and not removed

6

What do you check on a Purchase Order?

Document number, name, address, quantity, description, price and date

7

What do you check on a Delivery Note?

Document number, name, address, quantity, description, price and date

8

What do you check on a Goods Received Note?

Document number, name, address, quantity, description, price and date

9

What do you check on an Invoice?

Document number, name, address, quantity, description, price and date

10

What do you check on a Credit Note?

Document number, name, address, quantity, description, price and date

11

What do you check on a Statement of Account?

Date, invoices added, credit notes taken away, balance from last month added

12

What do you check on a Remittance Advice Slip?

Document number, name, address, price and date

13

What do you check on a Cheque?

Name, address, price, date and signature

14

What do you check on a Receipt?

Document number, name, address, price and date

15

How to practice filling out documents?

google edexcel past papers !!