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Card 6

Front

What is a 'profit and loss account'?

Back

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Card 7

Front

What is a 'profit and loss account' also known as?

Back

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Card 8

Front

What are the 5 components of an 'Income Statement'?

Back

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Card 9

Front

What are the elements listed on the Balance Sheet?

Back

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Card 10

Front

What is the definition of 'Current Liabilities'?

Back

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Card 11

Front

What is the definition of 'Non Current Liabilities'?

Back

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Card 12

Front

What is the definition of 'Current Assets'?

Back

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Card 13

Front

What is the definition of 'Non Current Assets'?

Back

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Card 14

Front

What is the formula for 'Net Current Assets'?

Back

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Card 15

Front

What is the definition of 'cost of sales'?

Back

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