Anh văn chuyên ngành 1 - AC10 (55)

............. accounts cover asset accounts such as premises, motor vehicles, etc.

........... is a general term for activities of the business.

The word ......... in the heading of the balance sheet is linked to the idea of the snapshot photograph.

The difference between current account and deposit account is that current account is used for ............ banking and withdrawal of money, and in deposit account withdrawals will be .............

4 types of personal accounts include capital, supplier, customer, and ..........

According to double-entry rules, if a liability decreases, .......

You are presented with the following data:

Assets 13,970

Capital 2,934

Liabilities 11,576

What comment would you make?

Which item below is not an asset?

‘Balance sheet’ is .........

The capital equation is:

In the accounting equation, ........

In the following transaction: ‘The owner puts a further amount into the business by cheque’, which account is debited and which account is credited?

‘Capital’ is ................

A .... is someone who owes you money after you sell him/ her on credit.

Where balances are carried forward from one page to the next, ‘balance .........’ would appear at the bottom of one page and ‘balance .......’ at the top of the next page.

The account ‘Bank’ has 3 transactions during July, Year 4, including 1 debit entries with £2,000 and 2 credit entries with £170 and £240. How much is the balance of this account at the end of July, Year 4?

The account ‘T Smith’ has 4 transactions during July, Year 4, including 2 debit entries with £50 & £80 and 2 credit entries with £170 and £230. How much is the balance of this account at the end of July, Year 4?

............. accounts are individual accounts of debtors and creditors.

.................. account is used for regular banking and withdrawal of money.

.............. Ledger is used to record creditor accounts