POA

This class was created by Brainscape user Ivory Chai Xin Ru (Westspringss). Visit their profile to learn more about the creator.

By: Ivory Chai Xin Ru (Westspringss)
Start Studying

Decks in this class (18)

Intro to accounting
Basic theory
7  cards
Accounting theories
Important for future chapters
12  cards
Source documents (C2)
Invoice 1,
Credit note 2,
Debit note 3
7  cards
Financial statements (C3)
Define assets 1,
Define equity 2,
Define liabilities 3
8  cards
Double-entry (C4)
Define trade discount 1,
Define cash discount 2,
Explain why trade discounts are g...
4  cards
Trial balance (C5)
Explain purpose of trial balance 1,
Explain limitation of trial balan...,
Define gross profit loss for the ...
12  cards
Revenue and other income (C6)
Explain the accounting of revenue...,
Why would it not be recognised as...
2  cards
Cost of sales and other expenses (C7)
Explain the accounting of cost of...
1  cards
Cash (C8)
State the causes for a dishonoure...,
Explain the purposes of internal ...,
Explain the ways of internal cont...
5  cards
Inventories (C9)
Explain why businesses keep inven...,
Describe how businesses manage in...,
Explain the valuation of inventor...
4  cards
Trade receivables (C10)
Explain the accounting of impairm...,
State the valuation method for tr...
2  cards
Non-current assets (C11)
Explain the application of materi...,
Explain the need to charge deprec...,
Explain the presentation of net b...
10  cards
Long-term borrowings (C13)
Explain the accounting of long te...,
Distinguish what is bank loan 2,
Distinguish what is bank overdraft 3
3  cards
Equities (C14)
Explain the accounting of capital...,
Explain the accounting of drawing...,
Define drawings 3
5  cards
Correction of errors (C15)
Explain how errors not revealed b...
1  cards
Profitability (C16)
Explain the importance of being p...,
Recommend means on how to improve...,
Recommend means on how to improve...
4  cards
Liquidity (C16)
Explain the importance of being l...,
State and explain the difference ...,
How to improve liquidity 3
4  cards
Inventory and TR management (C16)
Explain the importance of managin...,
Explain the importance of managin...,
Recommend means to improve the ra...
4  cards

More about
POA

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Ivory Chai Xin Ru (Westspringss)'s POA flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions