Balance Sheet/ Statement Of Finanacial Position Flashcards

1
Q

Titkes

A

Fixed assets
Machinery
Motor vehicles

Current assets
Opening stock
Debtors
Cash
Bank

Less creditors falling due within one year
Creditors

Working capital (-)

Total net asset (+)

Financed by
Less creditors falling due after one month
Capital and reserves
Capital
P&L
Drawings(-)

Capital employed

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