Financial accounting - Ledgers 0.0 / 5 ? AccountingLedgersNational 5SQA Created by: Flossy15Created on: 16-01-19 19:36 What is equity?? Is the money used to start off a business 1 of 8 What is a trial balance?? Used to check accuracy and to check that every debit has a credit. 2 of 8 What is a cheque counterfoil?? Business's record of any cheques they have written IE they have spent money (CR C&CE) 3 of 8 What is a pay-in slip?? Business record of money has been paid into the bank ie they have received money (DR C&CE) 4 of 8 What is a cash receipt?? Business records of cash paid ie the receipt is given for the item the business has spent money on (CR C&CE) 5 of 8 What are purchases?? Business buys inventory from a supplier that will be re-sold to customers. 6 of 8 What are purchase returns?? If inventory has to be returned to the supplier for damage or wrong colour or wrong amount delivered 7 of 8 What is sales revenue?? Business sells its inventory 8 of 8
((((+971 58 656 1421))) ABORTION PILLS FOR SALE (((UAE))) DUBAI, OMAN, ABUDABIH, QATAR, +971 58 656 1421 Dubai Silicon Oasis Dubai Academic City International City Al Warqa - Al Warqaa - Al Warqa'a +971 58 656 1421 Rashidiya - R 0.0 / 5
Comments
No comments have yet been made