ACCOUNTING
INVOICE / BILL / ACCOUNT / ACCOUNTS /
CHECK (AE) / RECEIPT
1.
2.
3.
4.
5.
6.
A statement of money owed for goods or services
supplied.
BILL / INVOICE
a slip or ticket showing the amount owed, esp. a bill for
food or beverages consumed (AE)
CHECK
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
A written statement showing that you have received
money, goods or services.
RECEIPT
An arrangement between a bank and a customer that
allows the customer to pay in and take out money.
ACCOUNT
The complete set of records showing money coming
into or going out of a business, its profits and its
financial situation.
ACCOUNTS
INVOICE / BILL / ACCOUNT / ACCOUNTS /
CHECK (AE) / RECEIPT
1.
A statement of money owed for goods or services
BILL (invoice)
supplied.
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
RAČUN
Croatian term:
FILL IN THE GAPS.
1.
2.
3.
4.
5.
Could we have the __________,
check/bill
please?
bill
The _______
for the repairs came to $650.
account
My salary is paid into my bank ________.
bill
Have you paid the phone _______?
accounts
The _________for
last year showed a profit of
$2 million.
invoice
6. The manufacturer sent the __________for
two
typewriters.
receipt for
7. Make sure you are given a _______
everything you buy.
Accounting (& financial statements)
• What is accounting?
• What skills do accountants need?
→ Handout: Accounting
→ MK, p 95, Vocabulary 2
1 cost accounting
2 tax accounting
3 auditing
4. accounting
5 managerial account.
6 creative accounting → comment on the cartoon
or window dressing
7 bookkeeping
What skills do accountants need?
1 cost accounting
2 tax accounting
3 auditing
• analytical ability & mathematical
competence
• thorough knowledge of tax laws
and accounting
• strong analytical skills and
honesty
4 managerial account. • analytical ability & math
5 creative accounting • strong analytical skills and
dishonesty
or window dressing
• accuracy and concentration,
6 bookkeeping
mathematical ability
→ MK, p 96, Vocabulary 4:
Common word combinations
•
•
•
•
•
•
•
•
•
Calculate liabilities
Calculate taxes
Keep records
Pay liabilities
Pay taxes
Receive income
Record expenditure
Record income
Record transactions
• Value assets
• Value liabilities
ACCOUNTING + FINANCING
HW: RB, p 70
Financial reporting and the annual report
I Read, fill in: note-form summary
II Match these terms to their definitions
III Fill in the missing words
IV Which financial statements are defined
below?
Accounting cont.
Tic-tac-toe
→ MK, p 95, Vocabulary 1
1B
2B
3B
6C
7A
8B
4A
9A
5C
10A
TALK ABOUT:
Financial reporting and the annual report
Use note-form summary (RB, p 70)
Accounting cont.
→ MK, p 96, Task 3
→ RB, p 71
HW: RB, p 72 - 75
- Read about financial statements carefully
- Look up the words you do not know
- Do all exercises
- Compare financial statements of the same kind
(RB, MK & link on my website)