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Business- personal and business finance

This class was created by Brainscape user beth hewitt. Visit their profile to learn more about the creator.

By: beth hewitt
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Decks in this class (8)

Understanding the purpose of accounting
Recording transactions,
What does hmrc stand for,
Management of the business
14  cards
Types of income- Capital income
What is capital income,
Loans,
Mortgages
6  cards
Types of income- Revenue income
What is revenue income,
Sales,
Cash sales
8  cards
Types of expenditure- capital expenditure
What is expenditure,
Describe capital expenditure usin...,
What is a non current asset
13  cards
Types of expenditure- revenue expenditure
What is revenue expenditure,
Give the 14 examples of revenue i...,
Inventory
25  cards
Sources of finance- internal
What are internal sources of income,
Examples of internal sources of i...,
Retained profit
11  cards
Sources of finance- external
What are external sources of finance,
Examples of external source of fi...,
Owner s capital
54  cards
cash flow forecasts
0  cards

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Business- personal and business finance

  • Class purpose General learning

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