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Abri Accounting

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

By: Abri Grobler
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Decks in this class (12)

Partnerships
Define a partnership 1,
Suggest why one would want to for...,
Name the characteristics of a par...
15  cards
Nature and Functions of Accounting
Name and explain the different br...,
Explain the term accounting 2,
Explain the six objectives of acc...
8  cards
Ethics: Fraud and Financial Risk Management
Explain the term ethics 1,
Name 12 values that should be fun...,
What happens when social values d...
10  cards
Computers in Accounting
Name the advantages of a computer...,
Name and explain the applications...
2  cards
VAT
Explain input tax 1,
Explain output tax 2
2  cards
Bank Reconciliation
State two reasons why a business ...,
Explain why a positive bank balan...,
Define bank reconciliation 3
6  cards
Control Accounts
Name and explain the advantages o...
1  cards
Concepts and Principles
Explain the cost concept 1,
Explain the going concern assumed...,
Explain the business entity conce...
17  cards
Partnerships
Define a partnership 1,
Suggest four reasons for multiple...,
Name five characteristics of a pa...
12  cards
Purchase of an existing business
What is the business taken over as 1,
The purchase of a business can oc...,
Is the value of an asset the same...
4  cards
Manufacturing Businesses
Describe a manufacturing business 1,
Describe a retail business 2,
Describe a wholesale business 3
11  cards
Trial Balance and correction of errors
Define an error of omission 1,
Define an error of commission 2,
Define an error of principle 3
7  cards

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Abri Accounting

  • Class purpose General learning

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