This class was created by Brainscape user Mark Jones. Visit their profile to learn more about the creator.
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Mark Jones
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Decks in this class (13)
FA for companies - Notes to balance sheet
What are main notes,
What is stock note usually broken...,
Debtors note is usually broken do...
5
cards
Year end adjustments - Stock
What is stock valued at the lower of,
What is the net realisable value,
What is cost defined as
14
cards
Adjustments = Fixed assets
What is net book value,
If nbv is 1k and 900 received wha...,
What is account entry is if nbv i...
3
cards
Reconciliations and Controls Chap 1
What is account entry for inputti...,
What is the account entry for tra...,
What is entry for transferring ca...
4
cards
Bank reconciliation
What bank entries will not appear...,
If trader receives bounced cheque...,
If trader cheque to supplier boun...
3
cards
Control Accounts
What are purpose of control accounts,
The difference in a cash control ...,
For sole trader what does balanci...
13
cards
FA for Cos - Supplementary question 1
What are the 5 main elements of t...,
What does the p l show,
What does the balance sheet tell us
7
cards
FA for Cos - Q2 identify diff between ST and Ltd co
What are companies required to do...,
What is main ramification of requ...,
What is the difference in recordi...
8
cards
Tangible Fixed assets note
What is the first heading,
What are the two dates of the fir...,
What is the second heading
5
cards
Taxation Note
What is the first entry,
What is the second entry,
How is adjustment for previous ye...
4
cards
Operating profit Note
What is overall heading,
What is first heading and categories,
What is second heading and catego...
4
cards
Profit and Loss reserve
What is 1st overall heading,
What is 2nd overall heading,
What is first entry
4
cards
Profit and Loss Reserve Note
What is first entry assume ye 31 12,
What is second entry,
What is the third entry
3
cards
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Tax - ETB
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