Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Principles of Accounts

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

By: hei chin low
Start Studying

Decks in this class (7)

Introduction to Accounting
Students will be able to: 1. Define book-keeping 2. Define accounting 3. Distinguish between book-keeping and accounting 4. State the roles of accounting 5. Explain how the stewardship role leads to the creation of the accounting system 6. Explain how accounting information is used for decision-making 7. State the stakeholders who are interested in the affairs of the business 8. State the accounting information needed by the stakeholders 9. Explain why stakeholders are interested in acc
101  cards
The Accounting Information System: 2.1 - 2.3 (Incuding Source Documents)
See Textbook, Page 13
97  cards
The Accounting Information System - Journals
See Textbook
35  cards
The Accounting Information System - Ledgers
Where are the transactions in the...,
What is the use of the ledgers,
Explain what is meant by posted t...
22  cards
The Accounting Information System - Trial Balance and Financial Statements
What does the business prepare af...,
What is a trial balance,
What is the purpose of the trial ...
5  cards
The Accounting Information System - The Accounting Cycle and More Accounting Theory
What is the business assumed to have,
What is this assumption that a bu...,
Explain the going concern concept
32  cards
The Accounting Information System - 2.1, 2.1 and 2.3 (excluding source documents) of textbook
What does a business do or what d...,
What is a business transaction,
Give some examples of business tr...
42  cards

More about
Principles of Accounts

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study hei chin low's Principles of Accounts flashcards for their ACS (Barker Road) class 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?

ACT 230 - Principles of Accounting
  • 8 decks
  • 323 flashcards
  • 2 learners
Decks: Exam 1, Chapter 5 Merchandising Operations, Chapter 6 Accounting For Inventory, And more!
Principles of accounting
  • 13 decks
  • 244 flashcards
  • 2 learners
Decks: Module 1 Personal Budgeting, Module 2 Financial Accounting, Module 2 Financial Statements, And more!
Principles of Disease
  • 45 decks
  • 2175 flashcards
  • 91 learners
Decks: An Introduction To Medical Microbiology, An Introduction To Bacteria, An Introduction To Viruses, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions