This class was created by Brainscape user Agne Urban.

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Decks in this class (10)

Intro to Bookkeeping - Ch 1
What are 4 types of business enti...,
What are the 4 advantages of sett...,
What are the 3 disadvantages of s...
70  cards
Intro to Bookkeeping - Ch 2
What is the purpose of accounting...,
What five frss are mandatory for ...,
What is the main aim of accountin...
23  cards
Intro to Bookkeeping - Ch 3
What are the 3 basic fundamental ...,
What is the separate entity conce...,
Are proprietor s personal assets ...
16  cards
Intro to Bookkeeping - Ch 4
What are the two systems for reco...,
What are boooks of single entry o...,
What s recorded in the sales dayb...
17  cards
Intro to Bookkeeping - Ch 5
Why accountants might prepare a t...,
What does balancing t accounts me...,
What are the two reasons for bala...
30  cards
Acc Stndrs & Year End Adjs - CH 1 - VAT
What is vat stand for 1,
What is vat charged on 2,
When vat may be paid 3
73  cards
Acc Stndrs & Year End Adjs - CH 2 - Accruals and Prepayments
What is accruals basis of account...,
What is the purpose of identifyin...,
What is accrued income give examp...
27  cards
Acc Stndrs & YEA - Ch 3 - Stock & WIP
What is closing stock 1,
Where in the accounts closing sto...,
What is work in progress 3
34  cards
Acc Stndrs & YEA - Ch 4 - Fixed Assets and Depreciation
What is depreciation 1,
Where depreciation is included in...,
What is net book value nbv 3
39  cards
Acc Stndrs & YEA - Ch 5 - Bad and Doubtful Debts
What s the specific accounting st...,
What are the 4 most common reason...,
When does a bad debt arisies 3
21  cards

More about
Bookkeeping

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  • Training purpose Unspecified
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