Accounts Flashcards by Sarah Parker

Q

cash

A

current assets

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Q

inventory

A

current assets

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Q

accounts receivable

A

current assets

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Q

allowance for doubtful accounts

A

current assets

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Q

notes receivable

A

current assets

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Q

interest receivable

A

current assets

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Q

prepaid rent

A

current assets

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Q

intangible assets

A

noncurrent assets

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Q

PPE, net

A

PPE + Accumulated Depreciation

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Q

PPE

A

noncurrent assets

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Q

Accumulated depreciation

A

noncurrent assets

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Q

accounts receivable, net

A

accounts receivable + allowance for doubtful accounts

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Q

accounts payable

A

current liabilities

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Q

unearned revenue

A

current liabilities

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Q

income tax payable

A

current liabilities

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Q

current debt

A

current liabilities

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Q

long-term debt

A

noncurrent liabilities

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Q

common stock

A

equity

Q

retained earning

A

equity

Q

revenue

A

income statement

Q

interest revenue

A

income statement

Q

cost of goods sold

A

expenses

Q

bad debt expense

A

expenses

Q

depreciation expense

A

expenses

Q

rent expense

A

expenses

Q

goodwill

A

noncurrent assets

Q

gift card liability

A

current liabilities

Q

dividend payable

A

current liabilities

Q

note payable

A

noncurrent liabilities

Q

bonds payable

A

noncurrent liabilities

Q

bond discount

A

noncurrent liabilities

Q

bond premium

A

noncurrent liabilities

Q

preferred stock

A

equity

Q

additional paid-in capital

A

equity

Q

additional paid-in capital - treasury

A

equity

Q

treasury stock

A

equity

Q

stock dividend distributable

A

equity

Q

cash dividend

A

equity

Q

stock divident

A

equity

Q

breakage revenue

A

income statement

Q

gain on sale of PPE

A

income statement

Q

interest expense

A

expenses

Q

impairment loss

A

expenses

Q

loss on sale of PPE

A

expenses