18. A. Заполните пропуски информацией из текста.

1. The name of this text is ____________________________________________.

2. The text gives information about __________________________________.

3. According to it the balance sheet consists of three major sections: ____________________________________________________________.

4. The text mentions that in practice these three sections____________________. To prove it the text illustrates this idea on the example of comparison of ________________and__________________which ____________________.

5. As for the assets of a company they are often divided into _________categories: 1)________________________________________________________ 2). __________________________________________________________________

6. The text underlines that current assets usually include _________________. To make a long story short, current assets are ____________________________

7. From the text we can see that non-current assets include _______________

______________________________________________________________.

8. It is necessary to remember that liabilities are made up of ______________________________________________________and________________________which are also split into _____________________________.

9. So current liabilities usually consist of____________________ but not yet__________, and ___________supplied on credit. Non-current or long-term liabilities______________________________________________________.

10. It should be noted that owner's equity can be defined as ______________________________________________________________ which has two parts:______________________________________________.

11. To sum up, I`d say that it is absolutely important for every accountant to ___________________ because the balance sheet ________________________.

18.Б. Выберите правильный вариант.

1. "Owner's equity = (assets, resources, investments) - liabilities".

2. (Current assets, liabilities, owner's equity) include inventory.

3. The owner's equity section of a corporation is called (stockbrokers`, stockkeepers`, stockholders' equity).

4. In Britain the assets are on the on (the right, in the middle, left-hand side) of the page.

5. Non-current assets are (long-term, short-term) liabilities.

6. Current assets may be converted to (gold, shares, cash) within the next year.

7. What a company owns is called (its liabilities, shareholders, assets).

8. Current assets are more (non- liquid, liquid, liquefied) than non-current assets.

9. (The owner's equity, liabilities, assets) section of the balance sheet depends on the organizational form of business.

10. (The balance sheet, an income tax, a cash flow) is a "snapshot" of the company's financial position at a specified time.

Учим термины.

240. The balance sheet - балансовый отчет

241. Shareholder - акционер

242. Equity – (акционерный) капитал, обыкновенная акция

243. Borrow – занимать, брать в долг

244. Current assets /non-current assets – оборотный капитал (средства), текущие активы

245. A normal operating cycle of a business – нормальный (обычный) цикл функционирования предприятия

246. Investments - инвестиции

247. Accounts receivable – счета к получению

248. Rent – рента, арендная плата

249. - a cash flow – движение денежной наличности

250. Advance - аванс

251. Sale – продажа, распродажа

252. A life expectancy – продолжительность жизни

253. Plant - предприятие

254. Fixed assets – основной капитал (средства)

255. Mortgages – ипотека, залог, закладная под недвижимое имущество

256. Payable, long-term notes – долгосрочные векселя, подлежащие к немедленной оплате

257. retained earnings - нераспределенная прибыль

258. A sole proprietorship – частное предпринимательство, единоличное хозяйство (собственность)

259. A partnership – партнерство, товарищество

260. A corporation - корпорация

261. Earned capital – заработанный капитал