Statement of Financial Position Flashcards

(5 cards)

1
Q
  1. Non-Current Assets (1)
A

Property, Plant and Equipment

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2
Q
  1. Current Assets(4)
A

Inventory
Trade Receivables
Prepayments
Cash

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3
Q
  1. Current Liabilities (6)
A

Overdraft
Trade Payables
Accruals
Interest Payable
Tax Payable
Dividend payable

Net Current Assets (RHS)

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4
Q

Non-Current Liabilities(1)

A

Bank Loan

Net Assets

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5
Q

Equity(3)

A

Share Capital
Share Premium
Retained Earnings

Total Equity

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