17277062
Beschreibung
Mindmap von Abigail Dector Arriaga, aktualisiert more than 1 year ago
|
Erstellt von Abigail Dector Arriaga
vor fast 6 Jahre
|
|
The balance sheet
- The balance sheet 1
- The balance sheet is
a document which
has two halves.
- One half shows a
bussiness's assets
- Bussiness's assets are things
owned by the company
(factories, machines) that will
bring future economic benefits
- Bussiness's assets are things
owned by the company
(factories, machines) that will
bring future economic benefits
- The other half shows the
company's liabilities, and its
capital or shareholder's equity
- Liabilities are obligations to pay
other organizations or people
(money that the company owes,
or will nowe at a future date
- Liabilities are obligations to pay
other organizations or people
(money that the company owes,
or will nowe at a future date
- One half shows a
bussiness's assets
- Shareholders' equity
- Consists of all the money belonging to
shareholders
- Share capital
- Retainend earnings
- Share capital
- Consists of all the money belonging to
shareholders
- This doesn't show
how much money a
company has spent
or recieved during a
year
- The balance sheet is
a document which
has two halves.
- The balance sheet 2: assets
- Fixed assets
- This will continue to be
used by the bussiness
for a long time
- investments,
such
as
building
and
equipment
- investments,
such
as
building
and
equipment
- Tangible assets
- Are asstes with a physical
existence
- Are asstes with a physical
existence
- This will continue to be
used by the bussiness
for a long time
- Current assets
- This are things that will
probably be used by the
bussines in the near
future
- Cash,debtors,
stock
- Cash,debtors,
stock
- Intangible assets
- Include brand names, patents
and trade marks
- Include brand names, patents
and trade marks
- This are things that will
probably be used by the
bussines in the near
future
- Valuation
- To value stock or inventory, are
generally valued at the lower of
cost or market, which means
whichever figures is lower: their
cost
- To value stock or inventory, are
generally valued at the lower of
cost or market, which means
whichever figures is lower: their
cost
- Fixed assets
- The balance sheet 3:
liabilities
- Liabilities are amounts of
money that a company
owes
- Long term
liabilities
- Include bonds
- Include bonds
- Current
liabilities
- Include creditors,
planned dividends and
deferred taxes
- Include creditors,
planned dividends and
deferred taxes
- Long term
liabilities
- Accrued
expenses
- These are expenses that have
acumulated or built up during
the accounting year but will not
be paid until the following year,
after the date of the balance
sheet
- These are expenses that have
acumulated or built up during
the accounting year but will not
be paid until the following year,
after the date of the balance
sheet
- shareholders' equity on the balance
sheet
- Includes, the original share capital,
share premium, retained earnings,
reserves
- Includes, the original share capital,
share premium, retained earnings,
reserves
- Liabilities are amounts of
money that a company
owes
Medienanhänge
Möchten Sie kostenlos Ihre eigenen Mindmaps mit GoConqr erstellen? Mehr erfahren.