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FR1

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

By: Muhammad Talha
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Decks in this class (9)

correction of errors
Entry of closing stock in periodi...,
If question is silent then goods ...,
If a nc asset is wrongly recorded...
21  cards
BORROWING COST
What is the nature of debenchers ...,
If there is 1 specific loan and t...,
If question is silent about loan ...
5  cards
GENERAL ACCOUNTING CONCEPTS
How do we know that given price i...,
Entry of credit sale in perpetual...,
Symbol of unpresented and uncredi...
7  cards
STATEMENT OF CHANGES IN EQUITY
Pat profit after tax goes to reta...,
If cash and bonus share dividends...,
Entries of cash dividend and shar...
8  cards
Impairment of NCA (Ch #2)
Entry of impairment loss,
Planning is of normal usual or ab...,
Items to be included in cost to sell
7  cards
CH 07 Change in Accounting policy & Estimate & Correction of Errors
Differ draft audited
1  cards
Notes to Financial Statements
In notes to financial statements ...,
If there is disposal during year ...,
If revalution has occured in woki...
9  cards
Govt Grants Ch#03
What is nature of deffered grant,
In case of reduction in cost trea...,
3  cards
INVESTMTNT PROPERTY
Is depreciation charged in fair v...,
Depreciation is not charged in ip...,
3  cards

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FR1

  • Class purpose General learning

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