| UK Terminology
|
International Terminology
|
| Profit and loss account
|
Statement of profit or loss
|
| Balance sheet
|
Statement of financial position
|
| Debtor / Customer
|
Trade receivable
|
| Creditor / Supplier
|
Trade payable
|
| Stock
|
Inventory
|
| Capital
|
Equity
|
| Sales / Turnover
|
Revenue / Turnover
|
| Fixed Asset
|
Non-current asset
|
| Long term liabilities
|
Non-current liabilities
|
