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Final Accounts Preparation

This class was created by Brainscape user Amy-Leigh Ibbotson. Visit their profile to learn more about the creator.

By: Amy-Leigh Ibbotson
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Decks in this class (16)

Chapter 1 - Accounting and Ethical Principles
Who are the primary users of fina...,
What are the key accounting princ...,
What is going concern
25  cards
Chapter 2 - Bookkeeping Transactions
What are assets,
What are the key elements of fina...,
What are liabilities
11  cards
Chapter 3 - Purchase of Non-Current Assets
0  cards
Chapter 4 - Depreciation of Non-Current Assets
0  cards
Chapter 5 - Disposal of Non-Current Assets
0  cards
Chapter 6 - Accruals and Prepayments
0  cards
Chapter 7 - Inventories
0  cards
Chapter 8 - Irrecoverable Debts and Allowances for Doubtful Receivables
0  cards
Chapter 9 - Bank Reconciliations
0  cards
Chapter 10 - Control Account Reconciliations
1  cards
Chapter 11 - The Trial Balance, Errors, and the Suspense Account
What is the initial trial balance,
What is the suspense account,
What is an error of omission
8  cards
Chapter 12 - The Extended Trial Balance
0  cards
Chapter 13 - Incomplete Records
1  cards
Chapter 14 - Accounts for Sole Traders
0  cards
Chapter 15 - Accounts for Partnerships
0  cards
Chapter 16 - Calculation and Interpretation of Profitability Ratios
0  cards

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Final Accounts Preparation

  • Class purpose General learning

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