Final Accounts | Classifying terms

Sales Revenue

Profit & Loss Account

Cost of Goods Sold

Profit & Loss Account

Expenses

Profit & Loss Account

Overheads

Profit & Loss Account

Cost of Sales

Profit & Loss Account

Sales Turnover

Profit & Loss Account

Fixed Assets

Balance Sheet | Fixed Asset

Machines & Equipment

Balance Sheet | Fixed Asset

Land & Buildings

Balance Sheet | Fixed Assets

Fittings & Fixtures

Balance Sheet | Fixed Assets

Cash

Balance Sheet | Current Assets

Debtors

Balance Sheet | Current Assets

Stock

Balance Sheet | Current Assets

Cash in Bank

Balance Sheet | Current Assets

Creditors

Balance Sheet | Current Liabilities

Short-term Loans

Balance Sheet | Current Liabilities

Short-term Borrowing

Balance Sheet | Current Liabilities

Overdrafts

Balance Sheet | Current Liabilities

Long-term Liabilities

Balance Sheet | Long-term Liabilities

Loan Capital

Balance Sheet | Long-term Liabilities

Debentures

Balance Sheet | Long-term Liabilities

Share Capital

Balance Sheet | Equity

Retained Profit

Balance Sheet | Equity

Working Capital

Balance Sheet | Current Assets - Current Liabilities

Net Assets

Balance Sheet | Fixed Assets + Working Capital - Long Term Liabilities

Equity

Balance Sheet | Share Capital + Retained Profit

Gross Profit

Profit & Loss Account | Sales Revenue - COGS

Net Profit (before Interest & Tax)

Profit & Loss Account | Gross Profit - Expenses (overheads)

Interest

Profit & Loss Account

Tax

Profit & Loss Account

Dividends

Profit & Loss Account

Net Profit (before Tax)

Profit & Loss Account | Net Profit (before Interest & Tax) - Interest

Net Profit

Profit & Loss Account | Net Profit (before tax) - Tax