Anh văn chuyên ngành 1 - AC10 (55)

According to double-entry rules, if an asset increases, .......

........... 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.

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 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 .........

A ....... is someone to whom you owe money after you buy on credit.

The capital equation is:

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.