Accounts Flashcards
1
Q
Accrued income
A
CA
2
Q
Discount allowed
A
COS
3
Q
Unearned fees
A
CL
4
Q
Doubtful debts
A
Selling & distribution
5
Q
Bank overdraft
A
CL
6
Q
Allowance for doubtful debts
A
—CA
7
Q
accrued expenses
A
CL
8
Q
Unearned fees
A
CL
9
Q
Accumulated depreciation
A
—NCA
10
Q
Accrued income
A
CA
11
Q
Depreciation
A
Expense
12
Q
Mortgage
A
NCL
13
Q
Sales
A
Income
14
Q
Gain on sale of asset
A
Income
15
Q
Inventory
A
CA
16
Q
Freight inwards
A
COS
17
Q
Prepaid expense
A
CA
18
Q
Advertising
A
Selling & distribution
19
Q
Freight outwards
A
Selling and distribution
20
Q
Interest on loan
A
Financial
21
Q
Accounts receivable
A
CA
22
Q
Accounts payable
A
CL
23
Q
Capital
A
Eq
