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POA

This class was created by Brainscape user Aravinth Thulashitha (Ccss). Visit their profile to learn more about the creator.

By: Aravinth Thulashitha (Ccss)
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Decks in this class (11)

Chapter 1( not done)
Trading vs service biz 1,
2 2 diff of sp vs llp 2,
2 diff of sp vs plc 3
9  cards
Chapter 2 - acc info system (not done)
Accounting entity theory 1,
Accounting period theory 2,
Going concern theory 3
10  cards
Chapter 2 - source documents
Definition of objectivity theory 1,
Definition of historical cost the...,
What are the seven types of sourc...
17  cards
chapter 3 - elements and accounting equation ( not done)
Define assets 1,
Define liabilities 2,
Define income 3
12  cards
Chapter 4 - double entry (not done)
Three rules of the double entry s...,
Definition of trade discount 2,
Purpose of trade discount 3
10  cards
Chapter 5 - Trial balance ( not done )
Definition of trial balance 1,
Purpose of trial balance 2,
1st step to prepare a trial balan...
8  cards
Chapter 6 & 7 - income and expenses (not done)
Definition of revenue recognition...,
Definition of matching theory how...,
Definition of accrual basis of ac...
15  cards
Chapter 8 - cash and bank rec
What are the reasons for dishonou...,
Journal entries for dishonoured c...,
2 journal entries for dishonoured...
8  cards
Chapter 9 - inventories
1 what are inventories 1,
2 explain why business keep inven...,
3 what are costs that are include...
6  cards
Chapter 11 - Non current assets
1 define non current assets 1,
2 meaning of capital expenditure 2,
2 meaning of revenue expenditure 3
12  cards
Chapter 13 - Long-term borrowings
1 explain the matching theory beh...,
1 explain the accrual basis of ac...,
2 name the accounting theory behi...
6  cards

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POA

  • Class purpose General learning

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