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Q22-2.2 Introduction to Bookkeeping

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

By: Alicia Slade
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Decks in this class (15)

The sales system
What are cash transactions,
What are credit transactions,
What are the 11 steps in the sale...
13  cards
VAT and Discounts
What are the things a vat invoice...,
What are the things a sale of les...,
What is vat on revenue sales
8  cards
The books of prime entry for sales
What is a sales daybook,
What is the sales returns daybook,
What is the discounts allowed day...
14  cards
The cash receipts book
What is the cash receipts book,
What will the cash receipts book ...,
What if the cash book is treated ...
10  cards
The purchases system
What are the 11 parts to the purc...,
What is purchases requistion,
What is a purchase order
6  cards
The books of prime entry for purchases
What is a purchases daybook,
What is the supplier account number,
What is the supplier invoice number
8  cards
The cash payments book
What are the exceptions for not e...,
What are payments listing,
What are cheque stubs
6  cards
The petty cash book
What is the imprest amount,
What are the key steps to a petty...,
What should all petty cash vouche...
10  cards
Posting sales and receipts to the ledgers
What is the sales daybook,
What are the double entries for t...,
What is the sales returns daybook
9  cards
Posting purchases and payments to the ledgers
What is the purchases daybook,
What are the double entries for t...,
What is the purchases returns day...
7  cards
Digital bookkeeping systems
What is the charts of accounts,
What are 7 benefits of a digital ...,
What are 3 drawbacks of a digital...
3  cards
Accounting equation and transactions
What is the accounting equation,
What is capital income,
What is capital expenditure
5  cards
Mixed revision
What is the statement of account,
What is remittance advice note,
What should we compare the suppli...
34  cards
AL Practice Assessment 1
What do you post in the payables ...,
Do you include the opening balanc...,
What are the double entries for t...
7  cards
Osborne Practice Assessment 1
What is a statement of account,
What is a trial balance,
What is a statement of profit or ...
5  cards

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Q22-2.2 Introduction to Bookkeeping

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