Statement of Financial Position Flashcards
(5 cards)
1
Q
- Non-Current Assets (1)
A
Property, Plant and Equipment
2
Q
- Current Assets(4)
A
Inventory
Trade Receivables
Prepayments
Cash
3
Q
- Current Liabilities (6)
A
Overdraft
Trade Payables
Accruals
Interest Payable
Tax Payable
Dividend payable
Net Current Assets (RHS)
4
Q
Non-Current Liabilities(1)
A
Bank Loan
Net Assets
5
Q
Equity(3)
A
Share Capital
Share Premium
Retained Earnings
Total Equity