The Statement of Receipts and Payments, The Income Statement and the Balance Sheet.
What are the three accounting reports?
Put forward a suggestion.
What is propose?
People who are willing to take risks and start new business ventures with the intention of making money
What is an entrepreneur?
The basic economic problem.
What is relative scarcity also known as?
$44 billion US
How much did Elon Musk pay for Twitter?
Name of the business, type of report and time period.
What must you include in the heading of each accounting report?
To make the meaning of something clear and understandable by describing in detail with the use of examples.
What is explain?
Formal training and education (school, TAFE and university), Government support programs, and Mentorship programs.
What are some ways to develop enterprising skills and characteristics?
Land, labour, capital and enterprise.
What are the four economic resources?
I am a real country and not just a film to study economics.
What is Madagascar?
A = L + O/E
What is the accounting equation?/ What is the Balance Sheet equation?
To provide a brief description of the term or topic.
What is outline?
Summaries of real-life business scenarios or fictitious accounts of a business situation or dilemma
What is a business case study?
Where buyers and sellers come together and interact to create exchanges.
What is a market?
What is Australia's biggest exporting industry?
Receipts, cheque butts and invoices.
What are some examples of source documents?
To recognise of show points of difference.
What is distinguish?
The ability for a business to go above and beyond its legal obligations, to consider the impact of its operations on its employees, the community and the environment.
What is CSR?
As a shift to the right, from D to D1.
How is an increase in demand at every price point shown on the demand model?
The only English word to contain three sets of double letters back-to-back.
What is bookkeeping?
Fees, wages, expenses, insurance expense, telephone expense, profit.loss, revenues, for the period ending, sales.
What items can you find the income statement?
To bring together showing points of difference and similarities.
What is compare?
Thankyou Water
What is an example of a social enterprise?
The market clearing price.
What is the equilibrium price also known as?
A painting of a person without eyebrows that people come from far and wide to see. My creator was good friends with the father of accounting.
Who is Mona Lisa?