Placement Of Items In Accounts Flashcards
(47 cards)
1
Q
buildings
A
fixed asset
2
Q
equipment
A
fixed asset
3
Q
land
A
fixed asset
4
Q
fixtures
A
fixed asset
5
Q
fittings
A
fixed asset
6
Q
furniture
A
fixed asset
7
Q
premises
A
fixed asset
8
Q
delivery vans
A
fixed asset
9
Q
car
A
fixed asset
10
Q
debtors
A
current assets
11
Q
bank
A
current assets
12
Q
stock
A
current assets and trading
13
Q
cash on hand
A
current assets
14
Q
closing stock
A
current assets
15
Q
bank deposit account
A
current assets
16
Q
anything prepaid
A
current assets (+) and expenses (-)
17
Q
creditors
A
current liabilities
18
Q
anything due
A
current liabilities and expenses
19
Q
bank overdraft
A
current liabilities
20
Q
wages
A
expenses
21
Q
insurance
A
expenses
22
Q
light
A
expenses
23
Q
heat
A
expenses
24
Q
telephone
A
expenses
25
repairs
expenses
26
interest
expenses
27
administrative expenses
expenses
28
rent
expenses
29
rates
expenses
30
office expenses
expenses
31
marketing and advertising
expenses
32
carriage out
expenses
33
postage and stationary
expenses
34
sundry expenses
expenses
35
general expenses
expenses
36
electricity
expenses
37
long term loan
long term liability
38
dividends paid
APP
39
rent received
add gains
40
interest received
add gains
41
purchases
trading
42
sales
trading
43
purchases and sales returns
trading
44
opening stock
trading
45
carriage inwards
trading
46
custom duties
trading
47
import duties
trading
