Asset
Liability
Expense
Revenue
Equity
100

A physical space in which business is conducted

A Premises

100

Money owed to other parties

Accounts Payables

100

Promoting goods and services to attract business

Advertising / Marketing

100

Distribution of profits by a corporation to its shareholders.

Dividend Revenue

100

Money or other assets taken out of a business

Drawings

200

Legally enforceable claims for payment from by a business, for goods / services provided that have ordered but not paid for.

Accounts Receivables

200

A specified authorised amount that can be withdrawn in excess of available funds. 

An overdraft

200

Financial protection against unforeseen issues that threaten revenue, health, safety and liability

Insurance

200

Earnings generated by investments / savings

Interest Revenue

200

Capital growth between the buy price and the new sell price

Equity

300

Physical stock held by a business

Inventories

300

Money lent to buy property and paid back with interest

A mortgage

300

Restoring broken assets, and routine activities and/or corrective or preventive action required to prevent damage and prolong the life expectancy.

Maintenance and repairs

300

Consulting / completing specific tasks

Services

300

The amount of profit a company has left over after paying all its direct costs, indirect costs, income taxes and its dividends to shareholders.

Retained Earnings

400

The exclusive right to copy, distribute, adapt, display, and perform a creative work, usually for a limited time.

Copyright

400

A cash amount given over a specified amount of time, paid back with interest

A loan

400

Variables fees for services such as water and electricity

Utilities

400

Items that satisfy wants / needs  

Goods

400

Cash or liquid assets

Capital

500

Part ownership of a larger amount, which is divided among numerous people.

Shares
500

Dividends on a common stock that have been declared by a company but have not yet been paid to shareholders.

Dividends Payable

500

Fixed fees to maintain residency rights

Rent

500

A sum of money added to a person's wages as a reward for good performance.

Bonus

500

A place to deposit and withdraw money, and in some cases, be paid interest. 

An account

M
e
n
u