Jc 2017 Accounts Flashcards

1
Q

purchases

A

T

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2
Q

sales

A

T

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3
Q

opening stock

A

T

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4
Q

interest receivable

A

AG add gains

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5
Q

insurance

A

EXP

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6
Q

bad debts

A

EXP

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7
Q

wages

A

EXP

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8
Q

dividends paid

A

APP appropriation

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9
Q

reserves

A

after APP appropriation

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10
Q

premises

A

FA

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11
Q

equipment

A

FA

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12
Q

cash

A

CA

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13
Q

bank

A

CA

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14
Q

debtors

A

CA

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15
Q

creditors

A

CL

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16
Q

30 year loan

A

LTL

17
Q

issued share cap

A

FB

18
Q

closing stock

A

T and CA

19
Q

interest receivable due

A

AG and CA

20
Q

insurance prepaid

A

CA and EXP

21
Q

wages due

A

EXP and CL

22
Q

depreciation on premises

A

FA and EXP

23
Q

depreciation on wages

A

FA and EXP

24
Q

carriage inwards

A

T

25
Q

authorised share cap

A

FB