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

By: C M

Decks in this class (16)

Module 1
What is an asset,
What is a liability,
What is equity
10  cards
Module 2
How is financial data recorded,
What update the nominal ledger,
What accounts are in the nominal ...
13  cards
Module 3
What are ppe,
When should ppe be recognised,
How is ppe capitalised
18  cards
Module 9
What is the standard rate of vat,
What must vat registered business...,
What is output vat
13  cards
Module 4
What are inventories,
What are the journal entries for ...,
Why are purchases a temporary exp...
13  cards
Module 6
What is an accrual,
What are the journal entries when...,
What are the journal entries when...
13  cards
Module 10
What are staff costs,
What are the journal entries for ...,
What are the journal entries when...
4  cards
Module 5
What are bad debts,
What are doubtful debts,
Why might there be be bad debts
8  cards
Module 12
How can we calculate what each in...,
What is the journal entry when an...,
What is the journal entry when an...
5  cards
Module 8
What are the journal entries when...,
What are the journal entries when...,
What are the journal entries when...
10  cards
Module16
What are the journal entries when...,
What are the journal entries when...,
What are the journal entries when...
19  cards
Module 11
How is a transaction in a foreign...,
What happens at year end
2  cards
Module 13
What is a bank statement,
Examples of outstanding receipts,
Examples of outstanding payments
3  cards
Module 15
What is a fixed capital account,
What is a current account,
What are two possible profits may...
7  cards
Module 16
What is a walkthrough,
What are the steps to determine w...,
What is a key control
7  cards
Module 17
What are the balance assertions,
What are the transaction assertions,
What is appropriateness
16  cards

More about
FA

  • Class purpose General learning

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