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Bookkeeping Controls

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

By: Lois Carter
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Decks in this class (6)

Payment Methods
What payment system has increased,
What payment system has decreased...,
What is cash used for in businesses
24  cards
Bank Reconciliation Statements
What is the purpose of a bank rec...,
What differences may occur betwee...,
What differences that appear on t...
11  cards
Payment Methods And Bank Balance
What balance will the business ba...,
What is an overdraft,
Who authorizes the limit on a bus...
14  cards
Using Control Accounts
What are control accounts,
What are three commonly used cont...,
True or false transactions are re...
13  cards
The Journal
What transactions are entered int...,
What is the journal,
What does the journal record give...
12  cards
The Trial Balance And Correction Of Errors
How is a trial balance created,
What errors are not disclosed by ...,
What errors are disclosed by the ...
13  cards

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Bookkeeping Controls

  • Class purpose General learning

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