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

Decks in this class (20)

chapter 1. Double entry bookkeeping
Info I have learned from my online learning - KAPLAN
13  cards
Chapter 2. Accounting for VAT & payroll
What is a taxable person 1,
What is output vat 2,
What is input vat 3
10  cards
Chapter 3. Capital & revenue Expenditure
What is a non current assets 1,
What is a current assets 2,
What is capital expenditure 3
12  cards
Chapter 4. Depreciation.
What is the accruals principle 1,
What is depreciation 2,
What is depreciable amount 3
19  cards
Chapter 5. Disposal of capital assets
What are the two main accounts in...,
What is the disposal account 2,
How do you calculate if a profit ...
15  cards
Chapter 6. extended trial balance
What is an initial trial balance 1,
What is an extended trial balance 2,
What does the extended trial bala...
6  cards
chapter 7. underlying accounting principles
Name 7 primary uses of final acco...,
For the 7 primary uses of financi...,
What is going concern 3
16  cards
chapter 8. accounting for inventory
What are the accounting entries f...,
How do we do an inventory count s...,
What is closing inventory counted...
19  cards
chapter 9. irrecoverable and doubtful dets
What is the concept of prudence 1,
What is aged receievable anayalis 2,
What is liquidation 3
19  cards
Chapter 10. control account reconcillations
When is a reconcillation done 1,
What is a reconsilliation 2,
What is a receievables ledger 3
21  cards
chapter 11, bank reconcilliations
Why may the bank stement and cash...,
Give us the process for bank reco...,
Give us a summary 3
3  cards
chapter 12. accruals and prepayments
What is the accruals concept 1,
Sales on credit double entry is 2,
Puchase on credit souble entry is 3
19  cards
chapter 13. suspense accounts and errors
0  cards
chapter 14. extended trial balance
0  cards
chapter 15
0  cards
chapter 16
0  cards
chapter 17
0  cards
chapter 18
0  cards
chapter 19
0  cards
Questions on DEBIT and CREDIT
If i buy as a business stationary...
1  cards

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AAT level 3

  • Class purpose General learning

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