This class was created by Brainscape user Olivia Byrne. Visit their profile to learn more about the creator.
By:
Olivia Byrne
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Decks in this class (8)
1.1 Bookkeeping and Accounting in Business
111 what is a business,
112 ownership and recording of tr...,
A sole trader
74
cards
Chapter 2: The Accounting Equation and Double Entry
11 intro to financial statements ...,
113 statement of financial positi...,
Statement of profit or loss spl
23
cards
Chapter 3: Sales on Credit
What is a sale invoice,
Sales tax need to be able to calc...,
Ouput tax is
42
cards
Chapter 4: Purchases on Credit
The Purchasing Process, Accounting for Credit Purchases, Payables Reconciliation
32
cards
Chapter 5: Cash and bank
What is a bank,
3 types of banking institutions,
Retail banks offer services are
33
cards
Chapter 6: Petty cash
Petty cash is the money notes and...,
Petty cash proceduresthese are th...,
Petty cash voucher records detail...
21
cards
Chapter 7: Payroll
Key terms payroll,
Employee,
Wages
51
cards
Chapter 8: The Trial Balance
A trial balance definition,
A trial balance is usually prepar...,
To credit the debit balances of a...
8
cards
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fa1
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