Classifications of Financial Elements Flashcards
Sales
Revenue/Income
Fees
Revenue/Income
Commission Received
Other Income
Gain on Sale on a Fixed Asset
Other Income
Interest Received
Other Income
Rent Received
Other Income
Discount Received
Other Income
Dividends Received
Other Income
Advertising
Distribution Cost
Cartage outwards
Distribution Cost
Commission
Distribution Cost
Delivery Expenses
Distribution Cost
Depreciation on Shop Fittings
Distribution Cost
Depreciation on Delivery Vehicles
Distribution Cost
Freight Outwards
Distribution Cost
Repairs on Delivery Vehicles
Distribution Cost
Repairs and Maintenance (Shop Fittings)
Distribution Cost
Sales Wages and Salaries
Distribution Cost
Travelling Expenses
Distribution Cost
Loss on Sale of Distribution Asset
Distribution Cost
Accounting Fees
Administrative Expenses
Audit Fees
Administrative Expenses
Depreciation (other than shop fittings or Delivery Vehicles)
Administrative Expenses
Electricity
Administrative Expenses
General Expenses
Administrative Expenses
Insurance
Administrative Expenses
Office Expenses
Administrative Expenses
Postage
Administrative Expenses
Printing
Administrative Expenses
Rates
Administrative Expenses
Rent
Administrative Expenses
Repairs and maintenance (other than to Shop fittings or Delivery Vehicles)
Administrative Expenses
Salaries
Administrative Expenses
Stationery
Administrative Expenses
Telephone and Tolls
Administrative Expenses
Vehicles Expenses (other than Delivery Vehicles)
Administrative Expenses
Wages
Administrative Expenses
Donations
Administrative Expenses
Loss on sale of an asset
Administrative Expenses
Interest-loan
Finance Expenses
Interest-overdraft
Finance Expenses
Interest-hire/purchases
Finance Expenses
Bank (if a positive balance)
Current Assets
Petty Cash
Current Assets
Accounts Receivable
Current Assets
Prepayments
Current Assets
Accrued Income
Current Assets
Closing Inventories
Current Assets
Equipment
Property, Plant and Equipment
Buildings
Property, Plant and Equipment
Property
Property, Plant and Equipment
Vehicles
Property, Plant and Equipment
Plant (Machinery)
Property, Plant and Equipment
Shares in Other Companies
Investment
Long Term Monies held in Investment Accounts
Investment
Debentures
Investment
Goodwill
Intangible Assets
Patents
Intangible Assets
Royalties
Intangible Assets
Research and Development Costs
Intangible Assets
