3489132
Description
Flashcards by Sunia Abdal, updated more than 1 year ago
|
Created by Sunia Abdal
about 9 years ago
|
|
| Question | Answer |
| What should be identified on the Statement of Comprehensive Income? | - Expenses: administration, rent, travel.. - Income: depends on the type of company (i.e. sales) |
| What should be identified on the Statement of Financial Position? | -Equity: investments by owners - Non current Assets: machinery, lands.. - Current Assets: Cash, trade receivable -Non-current Liabilities: Prepayments - Current Liabilities: Loan |
| What should be identified on the Statement of Cash Flow? | - Operating activities - Investing activities - Financing activities ( received or paid interest and dividends ) |
| What should be identified on the Statement of Changes in Equity? | - Amount of total comprehensive income - Amount of dividends distributed to shareholders - Transaction with owners: Contributions and distributions |
Want to create your own Flashcards for free with GoConqr? Learn more.