Statement of financial position
- Created by: josief95
- Created on: 13-12-15 11:20
Other questions in this quiz
2. Liquidation of outstanding trade recievables
- Take away from figure
- Add to Liabilites
- Add to assets
- Add to bad debt
3. Cash
- Non-current asset
- Equity
- Current asset
- Current liability
4. Where do you put 'Accumulated Depreciation'
- Before Capital / Equity and liabilities
- Separate column at the top
- After gross profit
- Don't include
5. Accumulated depreciation graph titling
- (Vertical) Machine cost; [less] Acc. Depreciation; Carrying value
- (Horizontal) Machine cost; [less] Acc. Depreciation; Carrying value
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