accounting overall

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

By: k s

Decks in this class (13)

Capital & Revenue Expenditure
What is capital expenditure,
What is revenue expenditure,
What is the term non current assets
4  cards
Managing resources
What is the purpose of internal c...,
What are the principles of effect...,
What is diminished balance
6  cards
Book Value
What is diminished balance,
What is db formula,
What is straight line depreciation
5  cards
Disposal
What is disposal,
What are the 5 steps of disposal
2  cards
Internal controls
What are the 8 principles of effe...,
How to write a business report ex...,
What are adminsitrive controls
5  cards
Data in accounting
What is the importance of b data ...,
What is the impact of outsourcing...,
3  cards
Basics
What is financial accounting,
What are the 8 steps to accounting,
What do journal entries require
12  cards
Financial statement reporting for a trading GST business
Describe general purpose financia...,
Describe the classifications used...,
Describe accounting concepts and ...
20  cards
Bad debts and provision
What are bad debts,
What is the provision for doubtfu...,
How to determine the amount of pr...
5  cards
Chart of Accounts
What is revenue,
What are selling expenses,
What are administrative expenses
5  cards
Statement of Financial Position
What is a statement of financial ...,
What is the t style balance sheet...,
What is the narrative style format
3  cards
Financial statements
What are the four types of financ...,
What are examples of revenue,
What are examples of expenses
6  cards
Ratio Analysis
What is a ratio,
What are the 4 types of ratios us...,
What do profitability ratios show
14  cards

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accounting overall

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