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BALANCE SHEET
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wealth or property that is owned by a business
Paid-in Capital
Capital
Equity
Withdrawals
Oops!
Okay!
future expenses that are paid in advance, such as rent or insurance.
Inventory
Investment
supply
prepaid expenses
Oops!
Okay!
the part of a company's profits which is re-invested, rather than being paid out as dividend to shareholders
Common stock
Retained earnings
Preferred stock
Oops!
Okay!
an amount of something that is provided or available to be used
supply
Inventory
prepaid expenses
Investment
Oops!
Okay!
An amount that endures a long-term liability and is outstanding to bondholders by the issuer.
Notes payable
Bonds payable
Dividend payable
Accounts payable
Oops!
Okay!
all of the stock of a business, including materials, components, work in progress and finished products
prepaid expenses
Inventory
supply
Investment
Oops!
Okay!
an ownership share in a corporation that allows its holders voting rights at shareholder meetings and the opportunity to receive dividends.
Retained earnings
Preferred stock
Common stock
Oops!
Okay!
the value of a company’s shares
Withdrawals
Capital
Paid-in Capital
Equity
Oops!
Okay!
the amount that a company owes to its creditors and suppliers
Bonds payable
Notes payable
Accounts payable
Dividend payable
Oops!
Okay!
money received for a service or product that has yet to be provided or delivered.
Accounts payable
Unearned revenue
Notes payable
Dividend payable
Oops!
Okay!
the total amount off intangible assets has been depreciated up until a single point
PPE
Accumulated amortization
Accumulated depreciation
Intangible assets
Oops!
Okay!
an intangible asset associated with the purchase of one company by another
Goodwill
Accumulated depreciation
Intangible assets
PPE
Oops!
Okay!
the total amount off PPE has been depreciated up until a single point.
Accumulated amortization
Intangible assets
PPE
Accumulated depreciation
Oops!
Okay!
the money a company owes its financiers—banks and other financial institutions
Dividend payable
Bonds payable
Notes payable
Accounts payable
Oops!
Okay!
the act of taking an amount of money out of your bank account.
Withdrawals
Paid-in Capital
Capital
Equity
Oops!
Okay!
long-term assets that do not exist as a physical thing but is still valuable to a company
Intangible assets
Accumulated amortization
PPE
Accumulated depreciation
Oops!
Okay!
no voting rights, dividends must be paid before those of common stock
Retained earnings
Common stock
Preferred stock
Oops!
Okay!
the full amount of cash or other assets that shareholders have paid a company in exchange for shares of its stock.
Equity
Capital
Withdrawals
Paid-in Capital
Oops!
Okay!
an amount of the profits that a company pays to people who own shares in the company
Bonds payable
Accounts payable
Notes payable
Dividend payable
Oops!
Okay!
long-term assets that have physical thing, such as building, plant, vehicles....
PPE
Accumulated depreciation
Accumulated amortization
Intangible assets
Oops!
Okay!
the act of investing money in something
supply
Investment
prepaid expenses
Inventory
Oops!
Okay!
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