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Decks in this class (14)
unit 6: adjustments for income + expenses
Explain the need 4 accrued income...
1
cards
unit 7: depreciation + disposal of NCA
Explain the need for depreciation...,
Explain the causes reasons 4 depr...,
Define depreciation p4d its effec...
7
cards
unit 8: bad debts + P4DD
Distinguish between bad debts p4d...,
Explain the need to record bad de...,
Explain the application of the ac...
3
cards
unit 9: partnership
List the features of a partnership 1,
Explain the position of the partn...,
What is the importance of appropr...
7
cards
unit 10: company accounts
Differentiate between limited and...,
Differentiate between authorised ...,
Differentiate between market valu...
8
cards
unit 11: statement of cash flow
Explain the purpose of a statemnt...,
Explain the difference between a ...,
Why will the bank balance and pro...
3
cards
unit 12: single entry and incomplete records
Define single entry and incomplet...,
List disadvantages of single entr...,
What is a statement of affairs 3
3
cards
unit 13: non- profit making organisations
Define accumulated fund subscript...,
Define legacy honorarium and dona...,
Name 4 ways to increase income 3
4
cards
unit 14: ratios
List and define the main categori...,
Explain the profitability ratios ...,
Explain the liquidity ratios and ...
6
cards
unit 15: interpretation and evaluation of financial statements
Discuss the importance of the acc...,
Discuss the importance of the acc...,
Discuss the importance of the acc...
5
cards
unit 16: material + labor costs
Explain direct indirect materials 1,
Explain direct indirect labor 2,
Define the principle of valuing i...
6
cards
unit 17: absorption costing
Define absorption costing full co...,
Define direct indirect variable a...,
Define absorption rates 3
5
cards
unit 18: marginal costing
Explain contribution marginal cos...,
Outline the main difference betwe...,
List limiting factors of mc and t...
5
cards
unit 19: budgets
Define a budget 1,
Explain the uses of the budget 2,
Explain the control function of b...
7
cards
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A.S Accounting
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