1
Q
Equity share capital
A
Credit
2
Q
Retained earnings
A
Credit
3
Q
Revenue
A
Credit
4
Q
Staff costs
A
Debit
5
Q
Inventory
A
Debit
6
Q
Purchases
A
Debit
7
Q
Distribution
A
Debit
8
Q
Administrative
A
Debit
9
Q
Loan interest
A
Debit
10
Q
Investment income
A
Credit
11
Q
Tax
A
Debit
12
Q
Receivables
A
Debit
13
Q
Payables
A
Credit
14
Q
Bank
A
Debit
15
Q
NCA at cost
A
Debit
16
Q
NCA at accumulated depreciation
A
Credit
17
Q
Debentures
A
Credit
18
Q
Service revenue
A
Credit
19
Q
Salaries and rent expense
A
Debit
20
Q
Loan notes
A
Credit
21
Q
What is the suspense account?
A
Used as a temporary holding account to record transactions where there is uncertainty or incomplete information
Calculations (FR)
flashcards
Decks in class (41)
# Cards
-
IAS 1626
-
IAS 4020
-
IAS 40 (Transfers)8
-
General Terminology17
-
Disposals (IAS 40)5
-
IAS 16 Accounting Entries7
-
IAS 40 Accounting Entries5
-
IAS 23 Accounting Entries1
-
FVTPL and FVTOCI (Entries)7
-
FSs17
-
Debits and Credits17
-
TB21
-
SPL10
-
SFP7
-
SCE3
-
Consolidated SFP3
-
IAS 219
-
SOCF8
-
SPL and SFP Steps27
-
SCE Steps8
-
Deferred tax liabiltiy for FSs (Taxable temporary difference)4
-
Adjusted retained earnings1
-
Movement on deferred tax1
-
Deferred Tax Revaluation4
-
Deferred Tax Provision2
-
IAS 419
-
IAS 2314
-
IAS 3837
-
IAS 3636
-
IFRS 158
-
IFRS 1638
-
Consolidated SFP Calculations14
-
CSFP (Theory)29
-
CSFP (Practice)53
-
CSPL (Practice)11
-
CSFP Adjustments10
-
CSPL Adjustments3
-
Financial Instruments15
-
Financial Assets32
-
Financial Liabilities11
-
Convertible Debentures11
