Accounting

Front

Record information from invoices and credit notes

Back

Journal Book, Books of Prime Entry, Nominal Ledger, Books of Transactions

Front

Price lists are

Back

For internet sales only, Often published, Never published, Used for standard goods

Front

Document showing customer’s management agreement to purchase

Back

Delivery Order, Invoice, Purchase Order, Credit Note

Front

Need for pricing and discount policies

Back

To control money, To make them more competitive in the marketplace

Front

Customers should check all goods received against accompanying documents

Back

True

Front

Carner Trust Ltd and Carner Trading Ltd are the same company

Back

False

Front

Sandra bought 6 DVDs for £10 each and sold them for £15 each. What is her total profit?

Back

£30.00

Front

Day-to-day running costs of a business.

Back

Expenses

Front

Examples of a liability include:

Back

- Rent - Loan - Supplier's invoice

Front

Langton Ltd sold machinery bought 5 years ago for £15,000. The money received is categorized as:

Back

Capital Income