Assets, Capital and Liabilities Flashcards
1
Q
inventory/ stock
A
asset
2
Q
trade receivables
A
asset
3
Q
cash (in bank)
A
asset
4
Q
land
A
asset
5
Q
buildings
A
asset
6
Q
plant and machinery
A
asset
7
Q
motor vehicles
A
asset
8
Q
office equipment
A
asset
9
Q
capital
A
capital
10
Q
profit
A
capital
11
Q
drawings
A
capital
12
Q
trade payables
A
liabilities
13
Q
bank overdrafts
A
liabilities
14
Q
accruals
A
liabilities
15
Q
loans
A
liabilities
