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Accountancy

This class was created by Brainscape user Bridget Clarke . Visit their profile to learn more about the creator.

By: Bridget Clarke
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Decks in this class (18)

Chapter 3 - Double entry bookeeping
What is the duel conecpt 1,
What are the debit and credit rul...,
1 how are ledger accounts t accou...
5  cards
Chapter 1 - Ethics
How cn individual judgement vary ...,
What 2 companies have produced co...,
What are the 5 fundermental princ...
5  cards
Chapter 1 - introduction
1 what are the 3 types of busines...,
Charity do not make profits and l...,
1 what is a current asset 3
8  cards
Chapter 2 - accounting equation
1 what is a non current liabilty 1,
1 what is inventory 2,
1 what is a statment of financial...
10  cards
Chapter 4 - preperation of financial accounts
When a sales item is returned fro...,
When a purchase returned to the s...,
Show the ledger account entries f...
10  cards
Chapter 6 - accruals and prepayments
1 what is opening inventory 1,
1 what is carriage inwards 2,
What does accruals bais state 3
10  cards
Chapter 7 - Inventory
1 when should inventory stock tak...,
In the sfp what inventory value s...,
What is the value of closing inve...
12  cards
Chapter 8 - NCA and depreciation
What are the two types of non cur...,
Define carrying amount and give t...,
What are the 2 methods to calcula...
17  cards
Chapter 9 - irrecoverable debts
1 what are irrecoverable debts 1,
How are irrecoverable debts accou...,
1 what is an irrecoverable debt r...
10  cards
Chapter 10 - books of entry
What are original enery books are...,
All transactions are originally r...,
Books of original entry terminolo...
15  cards
Chapter 10 - VAT
1 what is input tax 1,
What money is paid or reclaimed f...,
Define 1 net selling price 2 gros...
9  cards
Chapter 11 - contol accounts & errors
What is a contra entry 1,
Where will the following be poste...,
Where will the following be poste...
20  cards
Chapter 12 - partnership UK GAAP
How is accounting for partners di...,
How are profits allocated between...,
How is profit legally shared when...
20  cards
Chapter 14 - company financial statments
How are comapny statments of prof...,
How are comapny statments of fina...,
What are oridnary shareholders 3
16  cards
Chapter 13 - UK GAAP
1 how do companies prepare financ...,
What documents are required in fi...,
Give the uk gaap terminology for ...
5  cards
Chapter 5 - International accounting
Whatdo ias financial statments ne...,
1 what is the going concern conce...
2  cards
Exam questions
What are the 2 objectives of fina...,
What will a financial statment ha...,
Discount offered for early paymen...
11  cards
exam questions
0  cards

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Accountancy

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  • 31 decks
  • 1706 flashcards
  • 1570 learners
Decks: Chapter 1, Powerpoint 1, Powerpoint 2, And more!
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