This class was created by Brainscape user Koh Yun Xiang. Visit their profile to learn more about the creator.
By:
Koh Yun Xiang
- decks
- flashcards
- learners
Decks in this class (16)
Chapter 1 Introduction to accounting
Give example of a trading and ser...,
Explain the difference between tr...,
Explain the role of accounting
49
cards
Chapter 2 Accounting information system
Explain the difference between ca...,
Why business buy on credit instea...,
State the four stages of an accou...
14
cards
Chapter 3 Elements of financial statement and the accounting equation
Define assets,
Define liabilities,
Define equity
11
cards
Chapter 4 double entry recording
Define trade discount,
State the purpose of trade discount,
Define cash discount
5
cards
Chapter 5 Trial Balance
Define a trial balance,
Explain the purpose of trial balance,
Explain the limitation of a trial...
11
cards
Chap 6 and 7 Income and Expenses
Define the term income,
Explain the difference between re...,
State and explain the accounting ...
11
cards
Chapter 8 Cash
Explain the term dishonoured cheque,
State the reason for dishonoured ...,
State the purposes of internal co...
10
cards
Chapter 9 Inventory
Define the term inventories,
Describe how a business manages i...,
Explain the first in first out me...
7
cards
Chapter 10 Trade Receivables
Define the term trade receivables,
Why do businesses grant credit to...,
Explain the term allowance for im...
8
cards
Chapter 11 NCA part 1
Define the term non current assets,
Capital expenditure definition,
Revenue expenditure definition
5
cards
Chapter 11 NCA part 2
Define the term depreciation,
Using an appropriate accounting t...,
What are the causes of depreciation
7
cards
Chapter 12 Trade Payables
Define the term trade payables,
Explain why businesses buy on cre...,
Explain the differences between t...
3
cards
Chapter 13 LTB
Define the term long term borrowings,
Define the term current portion o...,
Define the term bank overdraft
7
cards
Chapter 14 Equities
Define the term equity,
Define the term capital,
Define the term drawings
10
cards
Chapter 15 Correction of Errors
Explain the limitation of a trial...,
Explain how errors could still ex...,
State five examples of errors tha...
3
cards
Chapter 16 Financial Statement Analysis
Define the term profitability,
Explain why is it important for a...,
State ways to improve profitability
13
cards
More about
poa
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Koh Yun Xiang's POA flashcards 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.
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?
POA
- 8 decks
- 143 flashcards
- 5 learners
Decks:
Introduction To Principles Of Accounts, The Classified Balance Sheet, Books Of Original Entry, And more!
POA
- 11 decks
- 113 flashcards
- 1 learners
Decks:
Chapter 1 Not Done, Chapter 2 Acc Info System Not Done, Chapter 2 Source Documents, And more!
POA: Accounting Theory
- 3 decks
- 41 flashcards
- 69 learners
Decks:
Accounting Concepts, Increase Your Word Power 1, Accounting Concepts Copy, And more!
POA
- 9 decks
- 73 flashcards
- 2 learners
Decks:
Balance Sheet, Carriage Inwars And Carriage Outwards, Poa Quiz 2, And more!
