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TOPIC 2, within a year, more than 1 year, accounting equation, DOUBLE…
TOPIC 2
ABE LEH
assets
current assets
non current assets
liabilities
non current liabilites
long-term loans
mortgages
current liabilities
expense payable
unearned revenue
account payable
owner equity
capital
drawing
profit
revenue
revenue of business
sales
service revenue
revenue of non business
interest income
rental income
gains on sale of fixed assets
expenses
utilities
delivery expenses
sales commission
property taxes
within a year
account receivable
cash
inventory
bank
more than 1 year
intangible
patents
long-terms ineverstment
deposits more than one year
tangible / fixed asset
buildings
accounting equation
asset = liabilities + owner's equity
asset = liabilities + ( capital + revenues - expenses - drawing )
DOUBLE ENTRY SYSTEM
Link Title
wealth / resources owned by the business
fizikal aset
pelaburan jangka panjang
to be paid by the busniess
to be settle more than 1 year
due less than a year
gadai janji
owner claims on assets of business
the net profit as a result
capital invested by owner
modal
ambilan
untung bersih
hasil
belanja