Emily Karras
New member
Abbreviations:
CA Current assets
NCA Non-current assets
CL Current liabilities
NCL Non-current liabilities
SC Share capital
RE Retained Earnings
IS Income statement item
SCF Statement of cash flows item
Fill in:
Classify the following items according to where the item would appear in the financial statements:
___a. Intangible assets
___b. Interest revenue
___c. Cash collections from amounts owed by customers on account
___d. Cost of developing a new advertising campaign
___e. Earnings over the years that have not been paid to shareholders as dividends
___f. Revenue from provision of services to customers
___g. Rent payable
___h. Increase in bank loan (additional borrowings)
___i. Office supplies used this year
___j. An investment in the shares of another corporation (the intent of the investment is not to sell it in the near future)
CA Current assets
NCA Non-current assets
CL Current liabilities
NCL Non-current liabilities
SC Share capital
RE Retained Earnings
IS Income statement item
SCF Statement of cash flows item
Fill in:
Classify the following items according to where the item would appear in the financial statements:
___a. Intangible assets
___b. Interest revenue
___c. Cash collections from amounts owed by customers on account
___d. Cost of developing a new advertising campaign
___e. Earnings over the years that have not been paid to shareholders as dividends
___f. Revenue from provision of services to customers
___g. Rent payable
___h. Increase in bank loan (additional borrowings)
___i. Office supplies used this year
___j. An investment in the shares of another corporation (the intent of the investment is not to sell it in the near future)