What a customer has ordered from a single supplier and paid over a period of time. These are sent out regularly by suppliers.
1 of 5
A start - up cost is...
Something paid for when a business first sets up or starts making a new product. Usually only expected to be paid once. Usually quite high costs.
2 of 5
A running cost is...
Something paid for on a regular basis. Remember "R" for running and "R" for regular. These are usually paid weekly or monthly and are needed to keep the business operating.
3 of 5
To work out VAT on a purchase order or invoice i would...
Total divided by 100 X 20
4 of 5
To work out 5% discount on a purchase or invoice i would...
Total divided by 100 X 5
5 of 5
Other cards in this set
Card 2
Front
A start - up cost is...
Back
Something paid for when a business first sets up or starts making a new product. Usually only expected to be paid once. Usually quite high costs.
Card 3
Front
A running cost is...
Back
Card 4
Front
To work out VAT on a purchase order or invoice i would...
Back
Card 5
Front
To work out 5% discount on a purchase or invoice i would...
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