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

Decks in this class (10)

The Types of companies in South Africa
What is the definition of a sole ...,
What are some disadvantages of a ...,
What are the tax implications for...
44  cards
What is Bookkeeping/Accounting?
What is the definition of bookkee...,
What are the basic purposes of a ...,
What is the definition of account...
6  cards
Expense, Income, Non-current assets, non-current liability, current assets or current liability
Expense, Income, Non-current assets, non-current liability, current assets or current liability
14  cards
The accounting/bookkeeping cycle
What step number is this in the a...,
What step number is this in the a...,
What step number is this in the a...
9  cards
Value added tax (VAT)
What is vat 1,
What is revenue raised for 2,
What is the rol of sars when it c...
7  cards
Source Documents
What is an invoice 1,
What is a credit note 2,
What is a receipt 3
9  cards
Subsidiary Journals
What is the purpose of the subsid...,
Describe this journal listed from...,
Describe this journal listed from...
21  cards
The general ledger
Name the 3 characteristics of sta...,
Name the 3 characteristics of sta...,
Give the description for the foll...
12  cards
The Trial Balance and The Statement of Income
What bookkeeping errors do not sh...,
Name the two sections in which th...,
True or false you must post the b...
11  cards
Statement of financial position and Inventory
How can one define the statement ...,
What is the main purpose of the s...,
Where can the information for you...
14  cards

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Bookkeeping

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