FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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1. Mark the active and passive items in the list (marking with A or P)
2
3
4
5
6
Goods in stock
Spare parts
Overpayment of taxes
Money in the current account
Advance payments made by buyers
Share capital
2. What a balance-sheet equation is:
3. Elements of the accounting method
7
8
9
10
11
12
Trade payables
Reserve capital
Debt to suppliers
Debt for wages
Retained earnings
Vehicles
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Transcribed Image Text:1. Mark the active and passive items in the list (marking with A or P) 2 3 4 5 6 Goods in stock Spare parts Overpayment of taxes Money in the current account Advance payments made by buyers Share capital 2. What a balance-sheet equation is: 3. Elements of the accounting method 7 8 9 10 11 12 Trade payables Reserve capital Debt to suppliers Debt for wages Retained earnings Vehicles
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