Conceptual Basis of Accounting terms

Flashcards by Olivia McKenzie, created more than 1 year ago

Flashcards on Conceptual Basis of Accounting terms, created by Olivia McKenzie on 22/08/2014.

	Created by Olivia McKenzie over 10 years ago

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Assets
(past)

Assets
(present)

Assets
(future)

Liabilities
(past)

Liabilities
(present)

Liabilities
(future)

Equity

Income

Expenses

Accounting Entity

Monetary measurement

Historical cost

Going concern

Period reporting