INVOICE / BILL / ACCOUNT / ACCOUNTS /CHECK (AE) / RECEIPT
1. A statement of money owed for goods or services supplied.
2. a slip or ticket showing the amount owed, esp. a bill for food or beverages consumed (AE)
3. A document sent by a seller to a customer with details of goods or services that have been provided, their price, and the payment date.
4. A written statement showing that you have received money, goods or services.
5. An arrangement between a bank and a customer that allows the customer to pay in and take out money.
6. The complete set of records showing money coming into or going out of a business, its profits and its financial situation.
INVOICE / BILL / ACCOUNT / ACCOUNTS /CHECK (AE) / RECEIPT
1. A statement of money owed for goods or services supplied. BILL (invoice)
2. A slip or ticket showing the amount owed, esp. a bill for food or beverages consumed (AE). CHECK
3. A document sent by a seller to a customer with details of goods or services that have been provided, their price, and the payment date. INVOICE
4. A written statement showing that you have received money, goods or services. RECEIPT
5. An arrangement between a bank & a customer that allows the customer to pay in & take out money. ACCOUNT
6. The complete set of records showing money coming into or going out of a business, its profits and its financial situation. ACCOUNTS
Croatian term:
FILL IN THE GAPS.
1. Could we have the __________, please?
2. The _______ for the repairs came to $650.
3. My salary is paid into my bank ________.
4. Have you paid the phone _______?
5. The _________for last year showed a profit of $2 million.
6. The manufacturer sent the __________for two typewriters.
7. Make sure you are given a _______ for everything you buy.
check/billbill
account
bill
accounts
invoice
receipt
Accounting (& financial statements)• What is accounting?• What skills do accountants need?→ Handout: Accounting→ MK, p 95, Vocabulary 21 cost accounting2 tax accounting3 auditing4 accounting5 managerial account.6 creative accounting → comment on the cartoon
or window dressing7 bookkeeping
What skills do accountants need?
1 cost accounting
2 tax accounting
3 auditing
4 managerial account.
5 creative accounting or window dressing
6 bookkeeping
• analytical ability & mathematical competence
• thorough knowledge of tax laws and accounting
• strong analytical skills and honesty
• analytical ability & math
• strong analytical skills and dishonesty
• accuracy and concentration, mathematical ability
• Calculate liabilities• Calculate taxes• Keep records• Pay liabilities• Pay taxes• Receive income• Record expenditure• Record income• Record transactions
• Value assets• Value liabilities
→ MK, p 96, Vocabulary 4:Common word combinations
ACCOUNTING + FINANCING
MK, p 95, Vocabulary 1
→ RB, p 32Read, fill in the notesMatch up words
→ MK, p 96, Task 3
→ RB, p 33
THE PROFIT AND LOSS ACCOUNT• It shows i_______ and e_________.
• It gives figures for total sales in a year or
t________ or r________.
• It shows c______,ex_________ and ov_______.
• Part of the profit goes to the government in
ta________, part to the sh_________ as
d_________and part is retained by the
c____________.
→ Find Croatian equivalents
→ RB, p. 34
Balance Sheet1. The balance sheet shows a company’s f_________ s________
on the last day of the f________ y_______.
2. It lists the company’s a_________, l__________ and s___________ f_______ (equity).
3. Assets can be c_________ and f__________.
4. Why do a company’s assets include debtors?
5. Intangible assets include g_________, p________, c_________ & t____________.
6. Liabilities can be s__________ (current) and l___________ .
7. Owners’ capital (e______) is money received from the issue of s________ and r_______.
→ HW: Find Croatian equivalents in RB Balance Sheet-
study the data presented and get ready to
comment on them
Balance sheet, cont.
1. Complete the basic accounting equation:
A______ = L________ + S________________
or
_______ - ________ = ___________________
→ MK, p 96
HW: Reading Google Inc. Balance SheetDo all the exercises on pp 96 & 97 and study the
Balance Sheet carefully – get ready to comment on the data presented in the Balance Sheet