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1.1

This class was created by Brainscape user sam borland. Visit their profile to learn more about the creator.

By: sam borland
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Decks in this class (13)

Purposes of accounting and finacial statements
What is the purpose of accounting,
What is the achieved purpose of a...,
What is the merit answer of an in...
6  cards
Users of an income statement
What decision does a bank manager...,
What decision does a bank manager...,
What decision does a bank manager...
6  cards
Accountants as a career
Define a financial accountant,
Define a financial accountant,
Define an auditor
22  cards
Business structures
0  cards
Concepts - Achieved
Definition of accounting entity,
Definition of monetary measurement,
Definition of reporting period
6  cards
concepts - merit & excellence
Jo imported two piano s to sell i...,
Looking at the income statement o...,
Jo s music store s financial repo...
8  cards
Users of a cash budget
What is the purpose of a cash budget
1  cards
purposes of a cash budget
What is the purpose of a cash budget,
What are the componets of a cash ...,
What is a limitation of a cash bu...
3  cards
Purpose of a Statement of a financial Position
What is the purpose of a statemen...,
What are the components of the st...,
What are the limitations of the f...
3  cards
Users of the Statement of Financial Position
Why is the bank manager intereste...,
Why are employees interested in t...,
Why are the ird inland revenue de...
6  cards
Elements Achieved
What is the definition of an asset,
What is the definition of a liabi...,
What is the definition of owners ...
5  cards
Capital and Revenue Expenditure
What is the definition of capital...,
What are the 3 types of capital e...,
What is the definition of revenue...
3  cards
Depreciation
What is the definition of depreci...,
Why is the depreciation an expense,
Why is depreciation a limitation ...
4  cards

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1.1

  • Class purpose General learning

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