Revision ACC

6. an accounting method that includes revenues even if the cash has not been received
8. cash flow activities relating to owners equity and loans
10. a BDA asset for amounts earned but not received
11. cash flow activities relating to the purchase of assets to generate revenues
14. cash flow activities related to the day to day running of the business
15. the statement with this name reconciles with the cash at bank account
16. an accounting element that is owned or controlled by a business
17. a process to reconcile the bank statement with cash at bank
18. the statement with this name includes the ALOE elements

1. an accounting element that is owed by a business
2. the statement with this name includes revenues and expenses
3. a BDA asset for amounts paid that will be used up in the next accounting period
4. an accounting element that is earned
5. the name of the account that shows the owners investment in the business
7. a BDA account for amounts incurred but not yet paid
9. the name of the account that shows amounts taken out of owners equity
12. an accounting element that includes costs of a business
13. a BDA account for amounts received but not yet earned