Accounting + Finance REALO Flashcards by 陳秉忠

Q

Accounts Receivable

A

Asset

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Q

Accounts Payable

A

Liability

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Q

Advertising

A

Expense

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Q

Buildings

A

Asset

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Q

Capital

A

Owner’s Equity

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Q

Cash at Bank

A

Asset

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Q

Commission Revenue

A

Revenue

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Q

Cost of Goods Sold

A

Expense

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Q

Delivery Van

A

Asset

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Q

Delivery Van Expenses

A

Expense

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Q

Drawings

A

Owner’s Equity

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Q

Electricity

A

Expense

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Q

GST Payable

A

Liability

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Q

Insurance

A

Expense

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Q

Interest on Mortgage

A

Expense

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Q

Interest Revenue

A

Revenue

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Q

Inventories

A

Asset

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Q

Land

A

Asset

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Q

Mortgage

A

Liability

Q

Rent Revenue

A

Revenue

Q

Sales

A

Income

Q

Sales Salaries

A

Expense

Q

Delivery Vehicles

A

Asset

Q

Other Expenses

A

Expense

Q

Equipment

A

Asset

Q

Interest Expense

A

Expense

Q

Office Expenses

A

Expense

Q

Office Furniture

A

Asset

Q

Office Wages

A

Expense

Q

Selling Expenses

A

Expense

Q

Shares

A

Asset

Q

Vehicles

A

Asset

Q

Bank Loan

A

Liability

Q

GST Owing to ATO

A

Liability

Q

Premises

A

Asset

Q

Sales Returns

A

Revenue

Q

Rent Received

A

Revenue

Q

Interest Received

A

Revenue

Q

Commission Revenue

A

Revenue

Q

Dividends Received

A

Revenue

Q

Accounting Fees

A

Expense

Q

Maintenence

A

Expense

Q

Stationery

A

Expense

Q

Goodwill

A

Asset

Q

Loans

A

Liability