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Income statements & statement of financial posit ...

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  • Office expense
    Expense
  • Cash
    Current asset
  • Long term loan
    Financed by
  • Premises
    Fixed asset
  • Creditors
    Current liability
  • Advertising
    Expense
  • Bank overdraft
    Current liability
  • Fixtures and fittings
    Fixed asset
  • Debtors
    Current asset
  • Rent
    Expense
  • Bank
    Current asset
  • Salaries
    Expense
  • Sales
    Income statement
  • Purchases
    Income statement
  • Depreciation of equipment
    Expense, fixed asset
  • Insurance
    Expense
  • Issued share capital
    Financed by
  • Closing stock
    Income statement, current liabilities
  • Vehicles
    Fixed asset
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