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502. Bookkeeping Made Simple

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

By: Mejor Aun
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Decks in this class (10)

Bookkeeping 21
1 explain the sales returns contr...,
2 explain the sales allowances co...,
3 explain the sales discount cont...
6  cards
Bookkeeping 23. Cash Discount On Sales
2 how is a cash discount on sales...,
1 what is a cash discount on sales,
3 why would a company offer a cas...
10  cards
Bookkeeping 22
1 what is the last step for compl...,
2 how do you recognize the adjust...,
3 what are the rules for adjustin...
6  cards
Bookkeeping 24
1 where do you find gross profit,
2 what is the format for the inco...,
3 what is the format under income
10  cards
Bookkeeping 25
1 the operating statement shows,
2 the balance sheet shows,
3 where do you get the informatio...
6  cards
Bookkeeping 26. Closing the books
1 what is the purpose of closing ...,
2 what is the drawing account,
3 for each sum drawn by the owner...
8  cards
Bookkeeping 27. Closing the books
1 at closing how do you bring the...,
2 at closing how do you bring the...,
3 how do you balance the income s...
6  cards
Bookkeeping 28. Closing the books
1 what is the general journal ent...,
2 what is the general journal ent...,
3 what is the general journal ent...
6  cards
Bookkeeping 29. Merchandising businesses
1 p 76 merchandising accounts ret...,
2 gross total revenues less retur...,
3 the gross profit figure is used...
6  cards
Bookkeeping 30
1 inventory means,
2 in order to determine the value...,
3 what is the format for calculat...
9  cards

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502. Bookkeeping Made Simple

  • Class purpose General learning

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