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Accounting L2 - Intro to Bookkeeping

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

By: Luke Tucker
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Decks in this class (10)

Business documentation
What is the definition of account...,
What is a sole trader 2,
What is a partnership 3
20  cards
The books of prime entry
What is the process of the book o...,
What is the sales daybook 2,
What is the sales returns daybook 3
8  cards
VAT and discounts
What is vat 1,
What is vat return 2,
What are the 2 formulas for vat 3
9  cards
Recording credit sales
What are financial statements 1,
What group of users are likely to...,
What is an asset 3
14  cards
Recording credit purchases
What is a good received note gnr 1,
What is a goods returned note 2,
What is a supplier s reconciliati...
5  cards
Double entry bookkeeping
What is double entry bookkeeping 1,
What are the three main principle...,
What is a general ledger 3
17  cards
Maintaining the cash book
What is the two column cash book 1,
What are the documents used to up...,
What are the primary records 3
9  cards
Double entry for sales and trade receivables
Blank 1,
What is a subsidiary receivables ...,
What is a receivables ledger cont...
6  cards
Double entry for purchases and trade payables
What is a subsidiary payables led...,
What is the payables ledger contr...
2  cards
Accounting for petty cash
What is the petty cash book 1,
What is a petty cash float 2,
What is a petty cash voucher 3
5  cards

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Accounting L2 - Intro to Bookkeeping

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