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By:
Aarnav Suresh
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Decks in this class (22)
chapter 1
Ledger,
Ledger accounts,
Captial
9
cards
chapter 2
Credit transaction,
Trade receivable,
Trade payable
7
cards
chapter 3
Books of prime entry,
All books of prime entru,
Invoice
21
cards
chapter 4
Balancing an account,
Why do accounts need to be balanced,
Debit balance
9
cards
chapter 5
Groups of accounts,
Assets,
Non current assets
22
cards
chapter 6
Trial balance,
Steps of preparing trial balance,
Principle of double entry
15
cards
chapter 7
Profit,
Loss,
Unlimited liability
24
cards
chapter 8
Statement of financial position,
Financial statements,
What can be deducted after analys...
10
cards
chapter 9
Accounting concepts,
List of accounting concepts,
Duality
28
cards
chapter 10
Accrual,
Prepayment,
How are accrued expenses treated ...
13
cards
chapter 11
Depreciation,
How can wear and tear cause depre...,
How can obsolescence cause deprec...
42
cards
chapter 12
Irrecoverable debt,
Reasons why irrecoverable debt ma...,
How to find trustworthy customers
17
cards
chapter 13
Bank reconciliation statement,
Omitted items,
Standing order
34
cards
chapter 14
Control account,
Memorandum account,
Sales ledger
32
cards
chapter 15
What questions to be asked when n...,
Suspense account,
Reasons why a suspense account is...
14
cards
chapter 16
Incomplete records,
Single entry bookkeeping,
Statement of affairs
6
cards
chapter 17
How to find sales purchases and i...,
Margin,
Markup
20
cards
chapter 18
Partnership,
Partnership agreement,
Partnership act 1890
22
cards
chapter 32
Management accounting,
Cost accounting,
How is data organized in manageme...
34
cards
chapter 33
Unit cost,
Absorption costing,
Cost centre
36
cards
chapter 34
What costing systems can be appli...,
What are continuous or process op...,
What are specific order operations
9
cards
chapter 35
Variable cost,
Why can direct labour be consider...,
Fixed costs
43
cards
More about
accounting
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