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POA Chapter 4 The Concept of Double Entry

This class was created by Brainscape user hei chin low. Visit their profile to learn more about the creator.

By: hei chin low
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Decks in this class (4)

4.1 How does a business record its business transactions?
What is a ledger account,
Can a business have many ledger a...,
What is a chart of accounts
4  cards
4.2 What is the format of the ledger accounts?
How are the ledger accounts prese...,
How are the ledger accounts prese...,
What is the columnar format of th...
5  cards
4.3 What are the double-entry recording rules?
How is every business transaction...,
What are the double entry recordi...,
What is the double entry rule of ...
7  cards
4.4 How are business transactions recorded in the ledger accounts?
Cash contribution by owner eg mar...,
Borrowing eg the business obtaine...,
Cash purchase of goods eg the bus...
16  cards

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POA Chapter 4 The Concept of Double Entry

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