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

Decks in this class (18)

Module 1
What are assets 1,
What is an economic resource 2,
What are liabilities 3
47  cards
Module 20
What are the enhancing qualitativ...,
What are the two fundamental qual...,
What are the measurement bases 3
3  cards
Module 14
What are the 10 key steps in the ...
1  cards
Module 9
Receipt of loan journal entry 1,
Interest expense on loan journal ...,
Repayment of loan capital journal...
15  cards
Module 8
Wages and salaries are what 1,
What are the two schemes of colle...,
What are the two types of ni 3
17  cards
Progress Test 2 Revision
Accounting treatment of lease agr...,
Journal entry of lease payments 2,
Bad debt write of journal entry 3
16  cards
Module 16
How to calculate cost of sales 1,
You can only pay dividends out of...,
What year was the companies act 3
17  cards
Module 15
When did the partnership act come...,
When is the partnership act defau...,
Partnership agreements involve 3
34  cards
Journal Entry Examples
Journal entry for purchases 1,
Journal entries of transferring p...,
Transfer of opening stock journal...
5  cards
Module 11
How long are cheques valid for 1,
What is reconciliation 2,
Balance per cashbook reconciliati...
6  cards
Module 10
What is vat in financial statemen...,
What do you receive from customers 2,
Gross minus vat is 3
21  cards
Elements of Financial Statements
Profit and loss contains 1,
Balance sheet contains 2,
Income is made up of 3
10  cards
Module 3
Depreciation journal entry 1,
Capitalisation journal entry boug...,
Other names for trade debtors 3
26  cards
Module 7
Double entry if bad debt is writt...,
Net effect of debtor paying payme...,
What is provision 3
21  cards
Module 4
How to calculate cost of sales 1,
If you have accruals and prepayme...,
Markup 3
13  cards
Module 5
Fair value government grants 1,
Nominal value government grants 2,
What is an accrual 3
24  cards
Module 6
What is input vat and what do you...,
What is output vat and what do yo...,
Is vat in the p l or balance sheet 3
21  cards
Module 2
Profit and loss shows 1,
Gross profit calculated by 2,
Net profit calculated as 3
15  cards

More about
BPP FA

  • Class purpose General learning

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