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Introduction to Bookkeeping

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

By: Aneesha Hoque
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Decks in this class (10)

Accounting Roles and Transactions
Who is a bookkeeper,
Where is a transaction stored,
What does the bookkeeper do
31  cards
Selling Goods and Services
What is a cash sale,
How can a cash sale be made,
How can a credit card be a form o...
36  cards
VAT (value added tax)
What is vat,
Why is there tax on buying things,
What is the current rate business...
26  cards
Recording sales and sales returns
What is single entry,
List one advantage and disadvanta...,
What is the double entry system
33  cards
Cash receipts and cash sales
What is cash considered as in acc...,
What must be done with the cash p...,
What is a remittance list
45  cards
Recording purchases
What is a purchase,
Where would you record goods that...,
What are the documents involved i...
25  cards
Making payments
What are the certain checks that ...,
What is a cheque requisition form,
What is bank giro credit
7  cards
Petty cash
What is the purpose of petty cash,
Where is petty cash kept and who ...,
Where does the company get the mo...
21  cards
The trial balance and the accounting equation
What is a trial balance,
How would we know if an account i...,
What is inventory
25  cards
Computerised accounts
What is a digital link,
Which businesses is a digital lin...,
From april 2024 which businesses ...
19  cards

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Introduction to Bookkeeping

  • Class purpose General learning

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