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accounting

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

By: Chisomo Boshoma
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Decks in this class (14)

Terminology
What is accounting,
What is is owners equity,
What is an assets
41  cards
Accounting Equations
What do we write as a source docu...,
What do we write for the journal ...,
What should we do when writing wh...
6  cards
Debtors Journal
What do you write for doc number ...,
What do we write for debtor in dj,
What happens if we have more than...
3  cards
CPJ
What do we write for the document...,
What do we write for name of paye...,
What happens if we have two or mo...
3  cards
CRJ
What do you write as the document...,
What do you write in details for crj,
What happens if we have two or mo...
3  cards
Debtors Ledger
What does the debit side in debto...,
What does credit side mean in deb...,
What do we write under details fo...
4  cards
General Ledger
On which side do assets increase ...,
On which sides does owners equity...,
On which sides do liabilities inc...
22  cards
Calculations
What is the formula for selling p...,
What is the formula for cost price,
What the formula for gross profit
6  cards
Salaries And Wages
What are salaries and wages asset...,
What is the gross salary,
What are the deductions which are...
12  cards
Depreciation
What is depreciation,
What type of account is depreciation,
What 2 concepts apply to deprecia...
9  cards
Year End Adjustments
What are the year end adjustments,
What date do you put in general j...,
What are the two types of income ...
18  cards
Trial Balance
What two sections are in trial ba...,
What goes under the balance sheet...,
What goes under the nominal state...
10  cards
Cost Accounting
What is the accounting cycle for ...,
What sections are present in the ...,
What does the cost account sectio...
16  cards

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accounting

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