Classification Flashcards

(29 cards)

1
Q

Petty Cash (3101)

A

Petty Cash is a Current Asset.

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2
Q

Cash in Hand (3102)

A

Cash in Hand is a Current Asset.

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3
Q

Cash at Bank (3103)

A

Cash at Bank is a Current Asset.

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4
Q

Accounts Receivable Control (3104)

A

Accounts Receivable Control is a Current Assot.

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5
Q

Provision for Doubtful Debts (3104A)

A

Provision for Doubtful Debts is a Contra Asset.

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6
Q

Other Receivables (3105)

A

Other Receivables is a Current Asset.

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7
Q

inventories (3106)

A

Inventories is a Current Asset.

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8
Q

Supplies (3107)

A

Supplies is a Current Asset.

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9
Q

Accrued Revenues (3108)

A

Accrued Revenues is a Current Asset.

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10
Q

Prepaid Insurance (3109)

A

Prepaid insurance is a Current Asset.

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11
Q

Prepaid Expenses (3110)

A

Prepaid Expenses is a Current Asset.

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12
Q

Bonds (3201)

A

Bonds is a Non-current Financial Asset.

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13
Q

Debentures (3202)

A

Debentures is a Non-current Financial Asset.

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14
Q

Loans (3203)

A

Loans (Receivable) is a Non-current Financial Asset.

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15
Q

Shares (3204)

A

Shares is a Non-current Financial Asset.

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16
Q

Cash Investment (3205)

A

Cash Investment is a Non-current Financial Asset.

17
Q

Furniture (3301)

A

Fumiture is a Non-current Asset (Property, Plant & Equipment).

18
Q

Accumulated Depreciation - Furniture (3301A)

A

Accumulated Depreciation - Furniture is a Contra Non-current Asset.

19
Q

Delivery Vehicles (3302)

A

Delivery Vehicles is a Non-current Asset (PPE).

20
Q

Accumulated Depreciation - Delivery Vehicles (3302A)

A

Accumulated Depreciation - Delivery Vehicles is a Contra Non-current Asset.

21
Q

Motor Vehicles (3303)

A

Motor Vehicles is a Non-current Asset (PPE).

22
Q

Accumulated Depreciation - Motor Vehicles (3303A)

A

Accumulated Depreciation - Motor Vehicles is a Contra Non-current Asset.

23
Q

Equipment (3304)

A

Equipment is a Non-current Asset (PPE).

24
Q

Buildings (3305)

A

Buildings is a Non-current Asset (PPE).

25
Accumulated Depreciation - Buildings (3305A)
Accumulated Depreciation - Buildings is a Contra Non-current Assot.
26
Land (3306)
Land is a Non-current Asset (PPE),
27
Goodwill (3401)
Goodwill is a Non-current intangible Asset.
28
Patents (3402)
Patents is a Non-current Intangible Asset.
29
Bonds (3501)
Bonds is a Non-current Asset (investment).