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Loh Hwee Hwa
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Decks in this class (21)
Chp 1_ Intro to Accounting
Explain the differences between t...,
State the role of accounting 2,
What do accountants do to help st...
9
cards
Chp 2: Accounting Information System
Explain the difference between ca...,
Explain the accounting informatio...,
Explain objectivity theory 3
11
cards
Chp 3: Elements and accounting equation
Define assets 1,
Define liabilities 2,
Define equity 3
8
cards
Chp 4: Double entry recording
Define trade discount 1,
Explain why trade discount is giv...,
Define cash discount 3
16
cards
Chp 5: Trial Balance
Explain the purpose a trial balan...,
Explain the limitation of a trial...,
What is the purpose of the tradin...
9
cards
Chp 5 - P2Q1 adjustments
Additional information 1,
Additional information 2,
Additional information 3
14
cards
Chp 6: Revenue and other income
Explain the accrual basis of acco...,
Explain the revenue recognition t...,
Rent income receivable is classif...
12
cards
Chp 7: Expenses
Info relating to insurance expens...,
Info relating to insurance expens...,
Info relating to insurance expens...
12
cards
Chp 8 : Cash
Give 2 reasons why cheques are re...,
Explain how internal controls pro...,
Explain 2 reasons why bank reconc...
7
cards
Chp 9: Inventories
Explain why businesses keep inven...,
Explain the valuation of inventor...,
Cost price of inventory is 100 ne...
13
cards
Chp 10: Trade receivables _ Imp loss on TR
What is the nature of allowance f...,
State the journal entry when busi...,
Trade receivables 1000 3
14
cards
Chp 10 : Trade receivables
State the journal entry when busi...,
Journal entry when credit custome...,
Journal entry when credit custome...
10
cards
Chp 11 : Capital and Revenue Expenditure
State the journal entry when busi...,
Explain the differences between c...,
Hint think of 2 paper clips can u...
8
cards
Chp 11 : Depreciation
State 2 causes of depreciation 1,
Can you remember the journal entr...,
State and explain the need for de...
11
cards
Chp 11 Sale of non-current assets
Explain to mdm loh the journal en...,
Explain the transaction on jun 1 2,
Explain the transaction on dec 31 3
5
cards
Chp 12: Trade Payables
State the journal entry when busi...,
Journal entry when business retur...,
Journal entry when business paid ...
7
cards
Chp 13: Borrowings
Explain the differences between b...,
Journal entry when business takes...,
Journal entry when business repay...
15
cards
Chp 14: Equities (I)
Explain the accounting of capital...,
How to calculate ending capital 2,
Journal entries to record transfe...
13
cards
Chp 15 Correction of errors
Payment of 80 for the owner s per...,
Credit purchase of furniture cost...,
Credit sale of 300 to alan has be...
9
cards
Chp 14: Equities (2)
Prepare journal entries when busi...,
Journal entry for the transfer of...,
Journal entry to close off divide...
8
cards
Chp 15: Financial Statement Analysis
Can you recall the formula 1,
Can you recall the formula 2,
Can you recall the formula 3
10
cards
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2024_4 Care+Empathy POA_Theory + Concepts
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