Asset,liabilities Or Shareholders Equity Flashcards
1
Q
Accounts Payable
A
Current Liability
2
Q
Accounts receivable
A
Current Asset
3
Q
Accumulated depreciation (buildings)
A
Non-current asset
4
Q
Bank Indebtednesses
A
Current liabilitie
5
Q
Bank loan payable
A
Current liability
6
Q
Buildings
A
Non-current asset
7
Q
Cash
A
Current asset
8
Q
Common shares
A
Share holders equity
9
Q
Deferred revenue
A
Current liability
10
Q
Goodwill
A
Not current asset
11
Q
Income tax payable
A
Current liability
12
Q
Interest payable
A
Current liability
13
Q
Inventory
A
Current asset
14
Q
Land
A
Non-current asset
15
Q
Mortgage payable (due in 10 years)
A
Non-current liability
