DEAL / CLIP Flashcards by Finn Carrington

Q

DEAL / CLIP

Drawings

A

DEAL

Drawings

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Purchases

A

DEAL

Expenses

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Depreciation charge

A

DEAL

Expenses

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Cost of sales

A

DEAL

Expenses

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Staff Costs

A

DEAL

Expenses

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Bad & Doubtful Doubts

A

DEAL

Expenses

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Bank

A

DEAL

Asstes

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Trade debtors

A

DEAL

Assets

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

PPE - Cost

A

DEAL

Assets

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Equipment

A

DEAL

Assets

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

VAT - if owed by HMRC

A

DEAL

Assets

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Closing inventory

A

DEAL

Assets

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Prepayments

A

DEAL

Assets

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Accrued income

A

DEAL

Assets

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Other debtors

A

DEAL

Assets

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Loss on Disposal

A

DEAL

Losses

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

DEAL / CLIP

Right of use asset

A

DEAL

Asset

Q

DEAL / CLIP

Taxation

A

DEAL

Expenses

Q

DEAL / CLIP

Interest expense

A

DEAL

Expenses

Q

DEAL / CLIP

Finance cost (interest expense when referring to a company)

A

DEAL

Expense

Q

DEAL / CLIP

Capital Injected

A

CLIP

Capital

Q

DEAL / CLIP

Share capital

A

CLIP

Capital

Q

DEAL / CLIP

Share premium

A

CLIP

Capital

Q

DEAL / CLIP

Retained earnings

A

CLIP

Capital

Q

DEAL / CLIP

Revaluation surplus

A

CLIP

Capital

Q

DEAL / CLIP

Loan creditor

A

CLIP

Liabilities

Q

DEAL / CLIP

Loan

A

CLIP

Liabilities

Q

DEAL / CLIP

Lease creditor

A

CLIP

Liabilities

Q

DEAL / CLIP

HMRC Creditor

A

CLIP

Liabilities

Q

DEAL / CLIP

Trade Creditors

A

CLIP

Liabilities

Q

DEAL / CLIP

Pension creditor

A

CLIP

Liabilities

Q

DEAL / CLIP

VAT account - Owe HMRC

A

CLIP

Liabilities

Q

DEAL / CLIP

Bond / Debenture

A

CLIP

Liabilities

Q

DEAL / CLIP

Accumulated depreciation

A

CLIP

Liabilities

Q

DEAL / CLIP

Allowance for doubtful debts

A

CLIP

Liabilities - ITS NOT A LIABILITY BUT ACTS LIKE ONE

Q

DEAL / CLIP

Accruals

A

CLIP

Liabilities

Q

DEAL / CLIP

Deferred Income

A

CLIP

Liabilities

Q

DEAL / CLIP

Current tax payable

A

CLIP

Liabilities

Q

DEAL / CLIP

Sales

A

CLIP

Income

Q

DEAL / CLIP

Gain on disposal

A

CLIP

Profits