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Marva Idowu
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Decks in this class (17)
Introduction To Acc
Name the types of accounting orga...,
What is a financial statement 2
2
cards
Accounting Equation
What is capital 1,
What is an asset 2,
What is a liability 3
10
cards
Double Entry
What are returns outwards 1,
What are returns inwards 2,
What account does return inwards ...
6
cards
Effect Of Profit And Loss
What is the definition of profit 1,
Define loss 2,
What is revenue 3
12
cards
Balancing Accounts
On what basis can an accounts whe...,
True or false balance carried dow...,
True or false the balance brought...
5
cards
Accurals And Prepayments
How would accruals be defined 1,
Where are accruals shown 2,
True or false accurals are a liab...
7
cards
Trial Balance
What is one of the things the tri...,
Name the 6 types of errors associ...,
A ________ error is an error that...
5
cards
Statement Of Profit Or Loss
The _______________ shows the fin...,
What are some benefits of knowing...,
Define gross profit 3
8
cards
Statement of financial position
Asset _____ __________ 1,
What is a non current asset 2,
_______ are three examples of non...
12
cards
SFP AND SPL Considerations
Wha is the difference between ret...,
__________ _____________ gross pr...,
A return inwards is found in whic...
5
cards
Books Of Orignal Entry
Define the book of original entry 1,
Name the two types of ledger acco...,
In impersonal accounts distinguis...
3
cards
Cash Book
What are the heading required for...,
Define contra entry 2,
What is discount allowed 3
4
cards
Return Inwards And Outwards Ledgers
Define return inwards 1,
What steps are involved in the re...,
Define return outwards 3
4
cards
Columnar Day Book And Petty Cash
When is columnar day book used 1,
What are analytical cash books us...,
What is the double entry for cash...
4
cards
Bad Debts And Allowance For Doubtful Debts
What are bad debts 1,
What is the treatment of bad debts 2,
Allowance for doubtful debts is d...
5
cards
Deprecation
Define deprecation 1,
What statement in deprecation fou...,
Name s3 causes of deprecation 3
9
cards
Accurals And Prepayments
Define accruals 1,
What is the double entry form acc...,
What is the double entry for prep...
3
cards
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Accounting
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