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

Decks in this class (13)

key terms
Current assets 1,
Intangible assets 2,
Fixed assets non current assets 2
42  cards
Questions
Why should business owners keep a...,
Identify 3 external stakeholders ...,
What is the usefulness of a trial...
17  cards
Control Accounts
What goes in the debit of a slca 1,
What goes in the credit of a slca 2,
What goes in the debit of a plca 3
6  cards
financial ratios
Gross profit margin 1,
Gross profit mark up 2,
Expenses in relation to revenue 3
20  cards
Break-even analysis
How do you calculate the break ev...,
How do you calculate break even i...,
How do you calculate margin of sa...
7  cards
Accounting Concepts
Business entity 1,
Money measurement 2,
Prudence 3
12  cards
Errors
Error of omission 1,
Reversal of entries 2,
Error of commission mispost 3
7  cards
Changes In Partnerships
Recommend to x whether or not the...,
Explain the purpose of a partners...,
Explain the purpose of a partners...
3  cards
Cash Flow Statements
Assess to what extent a cash flow...,
Assess two sources of finance use...,
Explain two limitations of publis...
7  cards
Incomplete Records
Give 4 drawbacks of incomplete re...,
Give 2 measures to prevent cash l...,
Give two ways you can prevent inv...
3  cards
Ethics
What are the 5 principles of ethi...,
What are the 5 threats to the fun...,
How do you structure an ethics qu...
3  cards
Bank Reconcilaition
0  cards
Sources of finance
Explain owners capital 1,
Give two advantages of using owne...,
Give two disadvantages of using o...
21  cards

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Accounts

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accounting
  • 31 decks
  • 1706 flashcards
  • 1518 learners
Decks: Chapter 1, Powerpoint 1, Powerpoint 2, And more!
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