practice 1:

1. tax accountants
2. bookkeeper
3. budget analysts
4. trainee/ file clerk
5. internal auditor
 practice 2 :
1. 97 equals 3 subtracted from 100
2. 1983 plus/and 1987 equals 3970​
3. 29 times/ multiplied by 4 equals 116​
4. 2870 divided by 5 equals 574​
5. 8 plus 3 multiplied by/ times 4 equals 20
 practice 3 :
1. salary
2. wage
3. overtime
4. commission
5. bonus
6. issue shares
7. bonds
practice 4 :
1. fee
2. welfare social
3. pension
4. outgoing
5. mortgage
6. tax
6. working capital (funds)
                                       Week 2
practice 1:
1. current accont
2. saving account/ deposits account
3. statement
4. private pension plan
5. repossess
practice 2:
1. interest
2.a loan  
3. collateral
4. overdraft
5. mortgage 
practice 3;
1.  printer
2. laptop computer 
3. calculator
4. floppy drive 
5. landline telephone 
 

practice 1:
1. debit
2. day book/ bough ledger
3. debtors
4. credit
5. inventory
6. creditors 
practice 2 :
1. dividends (draw) - expenses - assets - losses
2. Gains- Income - Revenues- Liabilities - Stockholders' (Owner's) Equity​
3. account receivable
4. account payable
5. debit/ credit 
practice 3 :
1. transaction 
2. payroll master file
3. purchase invoice
4. accounting software
5. source document 
Week 4 
practice 1;
1. goodwill
2. deferred 
3. net assets 
4.debtors 
5. patent 
6. current liabilities
7. intangible assets 
8. current assets 
practice 2 :
1. income statement = profit and loss account 
2. sale revenue = turnover
3. cost of good sold = cost of sales 
4. selling, general and administrative expenses 
5. depreciation 
practice 3:
1. gross profit 
2. EBITDA 
3. net income 
4. 
5.
WEEK 5 
practice 1:
1.  liquidity 
2. efficiency
3. ratio
4. solvency 
5.  liquid assets 
6. quick ratio/ acid test
7. ROE= Net income : Equity
8. ROS= Net income : Revenue ​
9. YOY Growth rate = profit Y2 : profit Y1 
​ practice 2:
1. cash distribution 
2. stockholder
3. out flow 
4. dividends 
5. inflow 

1.
2. Product license
3. Investment
4. Trademark
Slide 2:
5. Current liabilities
6.
7.
8.
9. Intangible assets
Slide 3:
1.
2.
3.
4.
5.
Week 5:
Slide 1:
1. Liquidity
2. Current ratio
3. Ratio
4. Solvency
5. Liquid assets
6. 
Slide 2:
7. Return on equity
8. Return on sales
9. Year-over-year growth rate
10. 
11. Stockholders
Slide 3:
1.

 1. 100 minus 3 equals 97
2. 1983 plus 1987 equals 3970 
3. 29 times 4 equals 116 
4. 2870 devided by 5 equals 574 
5. 8 plus 3 times 4 equals 20 

 1 . Salary
2. Wage
3. Overtime
4. Commission
5. Bonus
6. Share capital
7. Issue bonds

1. Fee
2. Social security
3. Pension
4.  outgoing
5. Mortage
6.tax
7. Working capital
W2

1. current account
2. savings account
3. credit card statement
4. a private pension plan
5. repossess
 
1. interest
2. loan
3. collateral
4. overdraft
5. martgage

1. unit price
2. subtotal
3. balance due

1. printer
2. laptop
3. caculator
4. floppy drive
5. landline telephone
W3

1. Transaction
2. Payroll
3. Purchase invoice
4. Accounting software
5. source document
W4

W5

10. cash distributions 
11. stockholders 
12. outflow
13. dividends
14. inflow 

1, Current accounts
2. Savings account/deposit account
3. Statement
4. A private pension plan
5. Repossess
1. Interest
2. Loan
3. Collateral
4. Overdraft
5. Mortgage
1. Unit price
2. Subtotal
3. Total
1. Printer
2. Laptop
3. Calculator
4. Floppy drive
5. Landline telephone
Week 3:
1. Debit
2. Ledger
3. Debtors
4. Credit
5. Stock/Inventory
6. Creditors
1. Dividend-Express-Asset-Loss
2. Gain-Income-Revenue-Liabilities-Stockholder's equity
3. Debited
4. Credited
5. Debit/ Credit
1. Transaction
2. Payroll master file
3. Purchase invoice
4. Accounting software
5. Source documents
Week 4:
1. Net assets
2. Patent
3. Goodwill
4. Trademark
5. Current liabilities
6. Deferred
7. Accrued
8. Current assets
9. Intangible assets
1. Income statement
2. Sales revenue
3. Cost of goods sold
4. SG&A
5. Depreciation
1. Gross profit
2. Operating margin/ EBITDA
3. Revenue
4. Loss
5. Revenue are earned
Week 5:
1. Liquidity
2. Efficiency
3. Ratio
4. Solvency
5. Liquid assets
6. Quick ratio/ acid test
7. Net income/ Equity
8. Net income/ revenue
9. Profit Y2/ Profit Y1
1. Cash distributions
2. Stockholder
3. Outflow
4. Dividends
5. Inflow

2. 1983+ 1987 = 3970: 1983 and 1987 equals 3970

3. 29 * 4 = 116: 29 times 4 equals 116

4. 2870 : 5 = 574: 2870 divided by 5 equals 574

5. 8 + 3 * 4 = 20: 8 plus 3 multipled by 4 equals 20

1. Money paid monthly by an employer: salary

2. Money paid by the day or the hour, usually received weekly: wage

3. Money received for working extra hours: overtime

4. Money paid to salespeople and agents a 

certain percentage of the income the employee generate: commission

5. Extra money given for a meeting a target or for good financial results: bonus

6. certificate representing units of ownership of a company: stock

7. loans that pay interest and are repaid at a fixed future date: bonds

1. Money given to professional people such as lawyers and architects: fee

2. Money paid by the Government to unemployed and sick people: social security

3. Money paid by the Government or a company to a retired person paid by the Government to unemployed and sick 

people: pension

4. amounts of money that people have to spend regularly: outgoing

5. repayments of money borrowed to buy a house or flat: mortgage

6. money paid to financial Government spending: tax

7. money that a business uses for everyday expenses or has available for spending: working capital (funds)

Week 2
1. current account
2. savings account
3. credit card statement
4. a private pension plan
5. repossess
 
1. interest
2. loan
3. collateral
4. overdraft
5. martgage

1. unit price
2. subtotal
3. balance due

1. printer
2. laptop
3. caculator
4. floppy drive
5. landline telephone

Week 3
1. debit
2. ledger
3. debtor
4. credit
5. inventory
6. creditor

1. dividend (draws), expenses, assets, losses
2. gain, income, revenues, liabilities, stockholders' equity
3. debited
4. credited
5. credit, debit

1. transaction
2. payroll master file
3. purchase invoice
4. accounting software
5. source documents

Week 4
1. equity
2. patent
3. goodwill
4. trade mark
5. current liabilities
6. deferred
7. accrued
8. current assets
9. intangible assets

1. income statement
2. sales revenue
3. cost of goods sold
4. selling, general and administrative expenses
5. depreciation/amortization

1. gross profit/gross margin
2. selling, general and administrative expenses
3. operating revrnues
4. loss
5. they become measurable and are earned

Week 5
1. liquidity
2. efficiency
3.ratio
4. solvency
5. liquid assets
6. quick ration
7. net income : equity
8. net income : revenue
9. profit y1 : profit y2
10. cash distributions
11. stockholder

1. cash distributions
2. stockholder
3. outflow
4. dividends
5. inflow

2. A person who records transactions: bookkeeper   

3. A person who reviews financial plans; budget analyst 

4. A person who is learning a new job: file clerk 

5. A person who checks records for accuracy: internal auditory

II,

1. start with 100, subtract 3; this equals 97

2. 1983 plus 1987 equal 3970

3. 29 times by 4 equals 116

4. 2870 divided by 5 equals 574

5. 8 plus 3 times 4 equals 20

III,

1. money paid monthly by an employer: salary 

2.  money paid by the day or the hour, usually received weekly: a wage 

3. money received for working extra hours: overtime

4. money paid to salespeople and agents - a certain percentage of the income the employee generate : commission 

5. extra money given for a meeting a target or for good financial results : bonus

6. certificate representing units of ownership of a company: cpa

7. loans that pay interest and are repaid at a fixed future date: bond
IV,
1. fee
2. social security
3. pension
4. outgoing 
5. mortgage
6. tax
7. working capital
week 2

 1. The account that pays little interests but allows customers to withdraw money: Current account

2. The account that pays interests but has restrictions on when you can withdraw money: Savings account or deposit account

3. It provides information about debits (money going out) and credits (money coming in) to the customer:  Statement

4. An arrangement for saving money to give you an income when you stop working: overdraft

5. To take back property that has not been completely paid for: Repossess

II,

1. interest

2. a loan

3collateral 

4. overdraft 

5. mortgage

III,

1. Unit price 
 2. Subtotal
 3. Balance due

IV, 
 1. Printer
 2.Laptop computer
 3. Calculator
 4. Floppy drive
 5. Landline telephone
week 3
I,
1. debit
2. ledger
3. debtor
4. credit
5. stock 
6. creditor
II,
1. 
Dividends - Expenses- Assets - Losses
2.  Gains- Income - Revenues- Liabilities - Stockholders'  Equity
3. debit
4. credit
5. debit- credit
III, 
1. Transaction
2. payroll master file
3. purchase invoive
4. accounting sofware
5. sourse documents
week4.
I, 

1. net asset

2. patent

3. goodwill

4. trade mark

5. debtor

6. current liabilities

7. deferred

8. accrued

9. current asset

10. intangible asset

II, 

1. income statement

2. sale revenue

3. cost of goods sold

4. selling, general and administrative expense

5. EBITDA = operating margin

III, 

1. Sales revenue
2. Cost of good sold
3. SG&A
4. depreciation
5. gross profit
6. operating margin
7.revenue
8. loss
9. revenue are earned


Week 5:
1. Liquidity
2. Efficiency ratios
3. ratio
4. solvency
5. liquid assets
6.
7. Return on Equity
8. Return on Sales
9. Year-Over-Year growth rate
10. income statements
11. stockholder
12.outflow
13.dividends
14. proceeds

 

 

 

 

 

 

 

2. Stockholder 

3. outflow
4. dividend
5. inflow