This class was created by Brainscape user Dinara Unknown. Visit their profile to learn more about the creator.
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Dinara Unknown
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Decks in this class (20)
1.1 Types of Business Organisations
1.1 Sole trader
1.2 Partnership
1.3 Private sector organizations
1.4 Public Sector organizations
8
cards
2. Use of technology In Accounting.
How to protect your data from others,
What is double entry,
What are the 7 uses of accounting...
7
cards
3.Proffessional ethics and introduction to accounting concepts
What are the 6 professional ethic...,
What is confidentiality,
What is integrity
8
cards
2.4 Business Documentation
1 what are financial statements,
2 what are the 5 business documents,
3 what is purchase order
13
cards
2.5 Books of Original Entry
1 what are the 7 books of origina...,
12 what is book original entry,
2 what is sales day book
19
cards
2. 6 Ledger Accounting and Double entry Bookkeeping
What is 3 types of ledger,
What is trade receivables ledger,
What is trade payables ledger
10
cards
2.7 Depreciation
What is depreciation,
What,
3 what are the 2 types of physica...
13
cards
3.8 Trial Balance
What is balancing off,
What is trial balance,
What is overcast
5
cards
3.9 Correction of errors
1 what are the 7 errors not revea...,
2 what is error of transposition,
3 what is error of original entry
11
cards
3. 10 Control Accounts
1 what is a control account,
2 what are the two types of contr...,
3 what is a trade receivables con...
8
cards
3. 11 Bank Reconciliation Statements
1 what is bank statement,
2 what is clear,
3 what is a bank reconciliation s...
12
cards
4.12 Capital and Revenue Expenditure
5 marks should have: 4 marks explation . 1 mark conclusion
7
cards
4. 13 Accounting Concepts
What are the 6 accounting concepts,
What is consistency,
What is prudence
7
cards
4, 14 Financial Statements of Sole Trader
What is cost of sales,
What is revenue returns,
What is purchases returns
8
cards
4.15 Other Receivables and Payables
What is receivables,
What is payables,
What are the steps to dealing wit...
7
cards
4. 16 Irrecoverable Debts
What is irrecoverable debts,
Where is it accounted
2
cards
4.17 Incomplete Records
What is statement of affairs,
How to find capital liabilities,
How to calculate credit sales
7
cards
4.18 The calculation and Intrepretation of Accounting Rations
What is liquidity,
What is profitability,
What are the 2 types of accountin...
6
cards
4. 19 Financial Statements of a Partnership
0
cards
4.20 Financial Statements of a Manufacturer
What is a manufacturing account,
Wha,
What are the two types of cost in...
13
cards
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Accounting
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