net working capital
current liabilities
notes payable
contains the promise of the drawer to pay a certain sum of money to the drawee, or to the holder of the note, on demand or on a certain date, this payment will require the drawer to pay the amount with interest
Accounts Payable
Refers to a company's payables for products or services provided by a third party, such as a supplier.
Sundry Creditors
These are customers to whom the company owes funds, the company has purchased goods on credit, and payments have not yet been made.
Wages Payable
are the wages that workers earned but have not yet been paid
Tax Payable
are the liability accounts that contain the balance of taxes owed to the government
Bank Loans
is an arrangement in which a bank gives money that must be paid back with some interest
current assets
Cash
The assets in a more liquid way, physical money used to manage operations.
notes receivable
which entitles the holder to receive a certain sum of money from the drawer under the terms specified therein.
accounts receivable
Any money owed by the customer for goods or services purchased on credit.
Inventory
represents raw materials, components and finished products
Sundry Debitors
They are the customers of a company who rarely make purchases on credit and the amounts are not significant.