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Decks in this class (13)
Chapter 3
Assets 1,
Liabilities 2,
Income 3
14
cards
Chapter 4
3 rules of the double entry syste...,
Trade discount definition purpose 2,
Cash discount definition purpose 3
6
cards
Chapter 1 (Intro)
Difference between a trading and ...,
1st difference of sole proprietor...,
2nd difference of sole proprietor...
12
cards
Chapter 2 (Accounting Info System)
Accounting entity theory 1,
Accounting period theory 2,
Going concern theory 3
7
cards
Chaper 5 (Trial Balance)
Definition of trial balance 1,
Purpose of a trail balance 2,
Limitations of a trial balance 3
3
cards
Chapter 2 (Source Doc)
Receipt 1,
Remittance advice 2,
Payment voucher 3
9
cards
Chapter 6 & 7 (Income And Expenses)
Define revenue recognition theory 1,
Define matching theory 2,
Define accrual basis of accounting 3
8
cards
Chapter 8 ( Cash And Bank Rec)
What are the reasons for dishonou...,
Purpose of internal control 2,
Why internal controls over cash 3
6
cards
Chapter 9 (Inventories)
What are inventories 1,
Why businesses keep inventory 2,
What are the costs that are inclu...
6
cards
Chapter 10 (Trade Recevables)
Define trade receivables 1,
Define allowance for impairment o...,
Matching theory 3
3
cards
Chapter 11 NCA
Non current assets 1,
1 capital expenditure 2,
Two differences between capital a...
10
cards
Chapter 13 LTB
Explain the two theories behind a...,
Difference between bank loan and ...,
How is bank loan repaid 3
4
cards
Chapter 14 (Equities)
Shared capital 1,
Retained earnings 2,
Dividends 3
3
cards
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POA
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