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Alevel Accounting AS > Basics #2 > Flashcards

Basics #2 Flashcards

1
Q

Assets

A

= Capital + Liabilities
= NCA + CA

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2
Q

Liabilities

A

= Assets - Capital
= NCL + CL

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3
Q

Working Capital

A

= CA - CL

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4
Q

Capital

A

= Assets - Liabilities
= (NCA - NCL) + Working Capital

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5
Q

Capital Employed

A

=Capital + NCL
= Assets - CL

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Alevel Accounting AS (2 decks)

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