This class was created by Brainscape user Andrew Lee. Visit their profile to learn more about the creator.
By:
Andrew Lee
- decks
- flashcards
- learners
Decks in this class (17)
Chapter 1: The Role of Accounting (Part 1)
What is accounting defined as 1,
What is the purpose of accounting 2,
What is non financial information 3
18
cards
Chapter 1: The Role of Accounting (Part 2)
What is a cash flow statement 1,
What is an income statement 2,
What is a balance sheet 3
19
cards
Chapter 1: The Role of Accounting (Part 3)
What are the elements of an accou...,
What are assets 2,
What are liabilities 3
14
cards
Chapter 2: The Accounting Equation
What is the accounting equation 1,
How is a bank overdraft recorded ...,
What does a balance sheet detail ...
23
cards
Chapter 3: The General Ledger
What concept is the general ledge...,
What is the cross reference and w...,
What is a ledger account 3
20
cards
Chapter 4: Cash Transactions
What is the order of documents in...,
What are the role of source docum...,
What is the role of a tax invoice 3
20
cards
Chapter 5: Accounts Payable Part 1
What do credit transactions invol...,
What is a credit purchase 2,
What is an account payable 3
22
cards
Chapter 5: Accounts Payable Part 2
What is a settlement discount 1,
What is discount revenue 2,
What is the equation for calculat...
19
cards
Chapter 5: Accounts Payable Part 3
What is liquidity 1,
When should accounts payable be p...,
What do benchmarks allow 3
16
cards
Chapter 6: Accounts Receivable Part 1
0
cards
GST Transactions/Statement of Account
How is a gst settlement recorded ...,
How is a gst refund recorded in t...,
How is gst on cash sales recored ...
18
cards
SAC 2 Part 1
What does the fair value of an as...,
How does the fair value of an ass...,
What is a memo 3
21
cards
SAC 2 Part 2
What is inventory defined as 1,
What is the importance of invento...,
In the inventory ledger account w...
20
cards
SAC 2 Part 3
What is the first in first out me...,
How do you determine the cost pri...,
What are some benefits of using i...
20
cards
SAC 2 Part 4
Why is it important to include pr...,
What effect does treating product...,
Why is the dollar amount of a dis...
27
cards
Chapter 10: Reporting for Profit (Part 1)
What does the period assumption s...,
How is profit or loss determined 2,
What happens to assets liabilitie...
18
cards
Chapter 10: Reporting for Profit (Part 2)
How can an income statement be us...,
How can an income statement be us...,
What are some strategies that a b...
18
cards
More about
Year 12 Accounting Unit 3
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Andrew Lee's Year 12 Accounting Unit 3 flashcards for their Camberwell Grammar School class now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
Accounting Units 3 & 4
- 25 decks
- 558 flashcards
- 31 learners
Decks:
Sac 1 Booklet 1, Chapter 1, Chapter 2, And more!
Year 12 Biology
- 69 decks
- 2445 flashcards
- 380 learners
Decks:
11 Introduction To Biological Molecules, Transport Across Cell Membranes, Homeostasis Blood Glucose, And more!
Unit 12
- 23 decks
- 1076 flashcards
- 1 learners
Decks:
Agonists And Antagonists Practical, Anatomy Of The Autonomic Nervous System, Control Of Blood Flow Lecture, And more!
Unit 1/2 - Accounting
- 60 decks
- 454 flashcards
- 55 learners
Decks:
U1 Aos 1 Kk1 Reasons For Establishing A, U1 Aos 1 Kk2 Sources Of Finance, U1 Aos 1 Kk3 Role Of Professionals, And more!
