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Zehaab Zaheer
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Decks in this class (26)
Test 4
3 components classfied income sta...,
What do is and bs do 2,
How is profit determined 3
12
cards
GST TEST
What is inventory recording system 1,
What is perpetual inventory system 2,
What is periodic inventory system 3
22
cards
Test 4n
Debtor and creditor 1,
What is inventory recording system 2,
What is perpetual inventory system 3
18
cards
Sources Of Finance
How long are the terms of sources...,
What is a short term source of fi...,
What is a medium term source of f...
10
cards
Elements of Risk
What is collateral 1,
What is liquidity 2,
History 3
12
cards
GST ACTS
What is gst act 1999 1,
Blank 2,
Business names registration act 2...
8
cards
ssd
How is performance of business de...,
How is financial position determi...,
What is in a receipt 3
8
cards
IMPORTANT
Format for classfied income state...,
Format for balance sheet 2,
Where is cartage put and disc rec...
12
cards
Task 7 Theory Depreciation
Reasons for assets to diminish 1,
What is commercial obsolence 2,
What is technical obsolescence 3
20
cards
Theory BDA
Define accrual accounting 1,
Def cash accounting 2,
Asset is recognised in statement ...
14
cards
Ratios
Profitability def 1,
Profit ratio def 2,
Results for profit ratio 3
32
cards
rATIOS DEF
Profitability def 1,
Gross profit def 2,
Profit ratio def 2
15
cards
6 Accounting Principles/Conventions
Name 6 accounting conventions 1,
What is accounting entity 2,
What is monetary 3
7
cards
Defintions and Crtieria Recognition of Accounting Terms
Accounting equation 1,
Criteria for recognition of assets 2,
Defintion of equity 3
11
cards
3 Types of Small Businesses
3 types of small businesses 1,
What is manufacturing business 2,
What is manufacturing 2
7
cards
characteristics of the main types of small business ownership
3 types of small business ownersh...,
Number of owners 2,
Liability of solo trader 3
16
cards
Sources of Finance
2 type of soures of fiance 1,
What is internal fiance 2,
What is external finance 2
9
cards
6 A
What are the six main accounting ...,
What is the accounting entity pri...,
What is the accounting period pri...
7
cards
Obtaining Finance
What is finance in business 1,
Name the two main types of busine...,
What is an advantage of using ret...
22
cards
Basic Record Keeping Theory
What does it mean if the total of...,
What might cause an omission erro...,
What happens if an amount is reco...
15
cards
Simple Financial Statement
What is the purpose of the income...,
How is the performance of a busin...,
How does the balance sheet show t...
15
cards
GST THEORY
What defines inventory according ...,
What are the two types of invento...,
How does the perpetual inventory ...
18
cards
BDA THEORY
What is the accrual basis of acco...,
How does cash accounting differ f...,
Define an asset under the concept...
19
cards
Depreciation +Sale of Asset
What are non current assets 1,
What causes non current assets to...,
What is commercial obsolescence 2
26
cards
Analysis + Interpretation/ Profit Ratios
What is the purpose of analysis a...,
Who are the main stakeholders tha...,
What are the three main categorie...
22
cards
Exam Revision Sem 2
What is debtor and what is credit...,
Taxable supplies requirements 2,
Classified income statement format 2
5
cards
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Accounting and Finance
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