Labelling Flashcards

(23 cards)

1
Q

Cash

A

Current Asset - SFP

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2
Q

Accounts Receivable

A

Current Asset - SFP

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3
Q

Inventory

A

Current Asset - SFP

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4
Q

Prepaid Insurance

A

Current Asset - SFP

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5
Q

Prepaid Rent

A

Current Asset - SFP

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6
Q

Furniture and Fixtures

A

Non Current Asset - SFP

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7
Q

Accumulated Depreciation

A

Non Current Asset - SFP

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8
Q

Accounts Payable

A

Current Liability - SFP

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9
Q

Unearned Revenues

A

Current Liability - SFP

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10
Q

Bank Loan

A

Non Current Liability - SFP

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11
Q

Other Payables

A

Current Liability - SFP

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12
Q

Capital Stock

A

Equity - SFP / SCE

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13
Q

Retained Earnings

A

Equity - SFP / SCE

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14
Q

Cost of Goods Sold

A

Expense - IS

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15
Q

Depreciation

A

Expense - IS

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16
Q

Miscellaneous

17
Q

Rent

18
Q

Income Taxes

19
Q

Wages & Salaries

20
Q

Advertising

21
Q

Interest

22
Q

Insurance

23
Q

Sales