UK Standards/International Accounting Standards
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10 Terms
1
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Profit and Loss Account
Statement of Profit or Loss
2
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Sales/Turnover
Revenue/Turnover
3
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Operating Profit
Profit from Operations
4
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Balance Sheet
Statement of Financial Position
5
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Fixed Assets
Non-Current Assets
6
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Long Term Liabilities
Non-Current Liabilities
7
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Financed by Capital
Equity
8
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Stock
Inventories
9
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Debtors
Trade and Other Receivables
10
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Creditors
Trade and Other Payables
Note 
Flashcards (107)