entrepreneurship

This thing is a snapshot of the company's performance (but not during the entire year)

• Profit and Los account

• Balance sheet

• P&L

• Invoice

Assets are Liabilities (yes or no)

Your company made a terrible loss. This document indicates that loss at the end of a business year

What type of an asset is a spinning wheel on Deak Ferenc ter?

Where do accountants get information about profit and loss? What is the first step to do?

How do we call the annual loss in value of fixed assets (type in only one word)

Is a croissant in a bakery a fixed asset?

Are short term liabilities found in the equity and liabilities side of the balance sheet (yes or no)

What is the difference between a sale and a purchase?

What is the date that we take into account when we want to calculate depreciation?

• June 30th

• April 25th

• August 31st

• December 1st