Labelling Flashcards
1
Q
Cash
A
Current Asset - SFP
2
Q
Accounts Receivable
A
Current Asset - SFP
3
Q
Inventory
A
Current Asset - SFP
4
Q
Prepaid Insurance
A
Current Asset - SFP
5
Q
Prepaid Rent
A
Current Asset - SFP
6
Q
Furniture and Fixtures
A
Non Current Asset - SFP
7
Q
Accumulated Depreciation
A
Non Current Asset - SFP
8
Q
Accounts Payable
A
Current Liability - SFP
9
Q
Unearned Revenues
A
Current Liability - SFP
10
Q
Bank Loan
A
Non Current Liability - SFP
11
Q
Other Payables
A
Current Liability - SFP
12
Q
Capital Stock
A
Equity - SFP / SCE
13
Q
Retained Earnings
A
Equity - SFP / SCE
14
Q
Cost of Goods Sold
A
Expense - IS
15
Q
Depreciation
A
Expense - IS
16
Q
Miscellaneous
A
Expense - IS
17
Q
Rent
A
Expense - IS
18
Q
Income Taxes
A
Expense - IS
19
Q
Wages & Salaries
A
Expense - IS
20
Q
Advertising
A
Expense - IS
21
Q
Interest
A
Expense - IS
22
Q
Insurance
A
Expense - IS
23
Q
Sales
A
Revenue - IS
