IV English - Accounting Flashcards
(75 cards)
1
Q
Rachunek zysków i strat
A
Profit and loss account
2
Q
Sprzedaż
A
Sales
3
Q
Przychód
A
Revenue
4
Q
Obrót
A
Turnover
5
Q
Company’s gross sales or total revenue
A
The top line
6
Q
Net income (net earnings, net profits)
A
The bottom line
7
Q
Dochód
A
Income
8
Q
Koszty sprzedanych towarów
A
Costs of goods sold / of revenue
9
Q
Koszty operacyjne (administracji, reklamy, koszty ogólne)
A
Operating expenses (administrative, advertising, overheads)
10
Q
Amortyzacja
A
Depreciation
11
Q
Odsetki
A
Interest
12
Q
Podatek
A
Tax
13
Q
Dochód netto przed opodatkowaniem
A
Net income before tax
14
Q
Net income after tax
A
Earnings, the bottom line
15
Q
Dochód netto po opodatkowaniu
A
Net income after tax (earnings, the bottom line)
16
Q
Dywidendy
A
Dividends
17
Q
Zysk zatrzymany
A
Retained profit
18
Q
Bilans
A
Balance sheet
19
Q
Aktywa
A
Assets
20
Q
Aktywa obrotowe
A
Current assets
21
Q
Gotówka
A
Cash
22
Q
Należności
A
Accounts receivable
23
Q
Zapasy
A
Inventory
24
Q
Aktywa trwałe
A
Fixed assets
25
Grunty
Land
26
Budynki
Buildings
27
Budynki
Property
28
Maszyny
Machinery
29
Wartości niematerialne i prawne
Intangible assets
30
Własność intelektualna
Intellectual property
31
Prawa autorskie, patenty, znaki towarowe
Copy rights, patents, trade marks
32
Zobowiązania i kapitał własny
Iiabilities & shareholders' equity
33
Zobowiązania krótkoterminowe
Current liabilities
34
Zadłużenie bankowe
Bank debt
35
Zobowiązania
Accounts payable
36
Naliczone podatki i wynagrodzenia (RMKb)
Accrued taxes and expenses
37
Zobowiązania długoterminowe
Long-term liabilities
38
Hipoteka
Mortgage
39
Zobowiązania z tytułu obligacji
Bonds payable
40
Kapitał zakładowy
Share capital
41
Original shares issued by company
Share capital
42
Zysk zatrzymany (reinwestowany kapitał)
Retained profit (reinvested capital)
43
All the money received from business activities during a given period
Income
44
All the money that a business spends on good or services during a given period
Expenditure
45
A financial operating plan showing expected income and expenditure
Budget
46
Anything owned by a business
Asset
47
All the money that a company will have to pay to someone else in the future
Liabilities
48
An entry in an account, recording a payment made
Debit
49
An entry in an account recording a payment received
Credit
50
Sth without a material existence
Intangible
51
Liability which has been incurred but not yet invoiced to the company
Accrued
52
Delayed or postponed
Deferred
53
Calculating all the expenses involved in producing sth including materials, labour, and other expenses
Cost accounting
54
Calculating how much an individual or a company will have to pay to the local and national governments and trying to reduce this to minimum
Tax accounting
55
Inspecting and reporting on accounts and financial records
Auditing
56
Preparing financial statements showing income and expenditure, assets and liabilities
Accounting
57
Providing information that will allow a business to make decisions, plan future operations and develop business strategies
Management Accounting (managerial accounting)
58
Writing down the details of transaction (debits and credits)
Bookkeeping
59
Using all available accounting procedures and tricks to disguise the true financial position of a company
Creative accounting
60
A statement giving details of money coming into and leaving the business divided into day-to-day operations, investing and financing
Cash flow statement
61
A statement showing a difference between the revenues and expenses of a period
Income statement (Profit and loss account/statement)
62
A statement showing the value of a business's assets, its liabilities and its capital or shareholders' equity
Balance sheet (Statement of financial position)
63
All the money belonging to the company's owners
Total shareholders' equity
64
Capital that shareholders have contributed to the company above the nominal or par value of the stock
Additional paid-in capital
65
Expenses such as wages, taxes, and interest that have not yet been paid at the date of the balance sheet
Accrued expenses
66
Rozliczenia międzyokresowe kosztów czynne
Prepaid expenses
67
The difference between the purchase price of acquired companies and their net tangible assets
Goodwill
68
Loss in value (tangible assets)
Depreciation
69
Loss in value (intangible assets)
Amortization
70
Profits that have not been distributed to the shareholders
Retained earnings
71
Money received from investment
Interest income net
72
Money spent in order to produce income in the future
Research and development
73
The expenses specific to providing the company's services
Cost of revenue
74
Additional expenses involved in running the company
Unusual expenses
75
Cash flow statements contain three categories:
Cash from operating activities, cash from investing activities, cash from financing activities
