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

Decks in this class (13)

Accounting chapter 1
Define book keeping 1,
Define accounting 2,
Book keeping vs accounting 3
11  cards
Accounting chapter 2
Define double entry book keeping 1,
Define ledger 2,
Define expense 3
9  cards
Accounting chapter 3 (Trial Balance)
Define trial balance 1,
Purpose of a trial balance 2,
Where can the trial balance be us...
10  cards
Accounting chapter 4 (Double entry Book-Keeping)
Define division of ledger 1,
Name the 4 division of ledgers 2,
Define sales ledger 3
23  cards
Accounting chapter 5 (Petty Cash)
Define petty cashbook 1,
Advantages of petty cashbook 2,
Define the imprest system 3
6  cards
Accounting chapter 6 (Business Documents)
List the main business documents ...,
Define debit note 2,
Define invoice 3
15  cards
Accounting chapter 7 (Books of Prime entry)
List the books of prime entry 1,
Define sales journal 2,
Define sales return journal 3
5  cards
Accounting chapter 8 (Income statement)
Properties of operating as a sole...,
When are financial statements pre...,
How many parts are there to a fin...
14  cards
Accounting chapter 9 (Financial Position)
Define statement of financial pos...,
What are the two types of assets 2,
Define non current assets 3
12  cards
Accounting chapter 10 (Accounting Rules)
Why is accounting principles impo...,
Define business entity accounting...,
Define the principle of cosistency 3
25  cards
Accounting chapter 11 (Accrued and Prepaid)
Define accrued expense 1,
What category does accrued expens...,
Define prepaid expenses 3
8  cards
Accounting chapter 12 (Depreciation and Disposal of Non-Current Asset)
How many methods are there for ca...,
What are the 3 methods of calcula...,
What is depreciation 3
14  cards
Accounting chapter 13 (Irrecoverable debt and Provision for doubtful debts)
What is irrecoverable debt 1,
When is a debt written off 2,
When can a written off debt be re...
7  cards

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Accounting

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  • 31 decks
  • 1706 flashcards
  • 1565 learners
Decks: Chapter 1, Powerpoint 1, Powerpoint 2, And more!
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