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Acc ‘21

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

By: Carla Celliers
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Decks in this class (11)

Worksheet 1 (term 1)
Explain the term financial accoun...,
Explain the term cost accounting,
Explain the term management accou...
17  cards
Worksheet 2 (term 1)
Explain the meaning of the term e...,
Discuss ethics in the job work en...,
Explain how fraud is committed in...
7  cards
Worksheet 3 (term 1)
Name the applications computers c...,
Explain invoice stock and order p...,
Explain computerised ledgers
10  cards
Bank recon
What do all credit customers rece...,
What does the bank send out to it...,
When will the bank statement have...
10  cards
Control accounts
Explain the purpose of debtors an...,
Explain the nature of both the co...,
Explain the purpose of both the c...
6  cards
Errors & suspense
Explain the meaning of the term t...,
State the reasons for preparing a...,
Explain and distinguish between p...
10  cards
Concepts
Explain the historical cost princ...,
Explain the money measurement pri...,
Explain the business entity princ...
11  cards
Adjustments
Explain a pre adjustment trail ba...,
Explain a post adjustment trail b...,
Explain a post closing trail balance
10  cards
Adjustments: Bad Debts & Prevision For Doubtful Debts
Explain the meaning of the term b...,
Explain the meaning of the term d...,
Explain the meaning of the term p...
12  cards
Adjustment: Depreciation & Provision For Depreciation
Define the term depreciation,
Define the term provision for dep...,
Define the term cost price of an ...
14  cards
Final Accounts
Name the two final accounts,
Explain the difference between a ...,
What is the purpose of preparing ...
11  cards

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Acc ‘21

  • Class purpose General learning

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