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Hanaa Rifky
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Decks in this class (19)
Introduction to accounting
What is book keeping,
What is accounting,
Why is it necessary to prepare fi...
11
cards
The Trial Balance
What is trial balance,
What is the purpose of preparing ...,
Name 4 reasons why a trial balanc...
10
cards
accounting rules
Why are accounting rules necessary,
What is business entity principle,
What is the matching principal
16
cards
Double Entry Book Keeping
What is double entry book keeping,
What is drawing,
What is carriage inwards
9
cards
Petty Cash Book
What is a petty cash book,
State advantages for petty cash book,
What is a imprest system
3
cards
Business Documents
Define invoice,
What does a invoice contain,
Define debit note
15
cards
Books Of Prime Entry
What is a book of prime entry,
What are the 7 types of books of ...,
What is the sales journal
6
cards
Financial Statements
What is a income statement,
What s the difference between ser...,
Define a statement of financial p...
7
cards
Other Payabales And Other Receivables
What is accrued expense,
What is a prepaid expense,
What is accrued income
4
cards
Deprecication And Disposal Of Non Current Assets
Define depreciation,
Name 4 causes of depreciation,
Explain how depreciation is an ap...
14
cards
Irrecoverable Debts And Provision For Doubtful Debts
What is irrecoverable debts,
Explain how writing off irrecover...,
List ways in which possibility of...
6
cards
Bank Reconciliation Statement
What s the purpose of bank reconc...,
Why can the bank account and the ...,
What is cheque not presented
9
cards
journal entries and errors
Define journal,
Define suspense account,
Why are journal entries made
3
cards
control accounts
Why do we need control accounts,
What errors are not revealed in a...,
Name 6 advantages of a control ac...
7
cards
Incomplete Records
Advantages of maintaining double ...,
Define statement of affairs,
State the circumstances in which ...
8
cards
Accounts of clubs and societies
What s a non trading organisation,
What s a subscription,
What s a recipe and payments account
9
cards
Partnerships
Define partnership,
Where is partnerships common in,
What s different from a partnersh...
16
cards
Manufacturing Accounts
Define manufacturing account,
What are manufacturing business,
What are the two type of costs
12
cards
Limited Company
Define limited company,
What is limited liability,
Advantages of limited companies
21
cards
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igcse accounting theory
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