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

Decks in this class (27)

Source Documents
Purchase invoice 1,
Sales invoice 2,
Invoice 3
9  cards
RAIL
Asset 1,
Example of an asset 2,
Liability 3
11  cards
INFORMATION OBTAINED FROM BANK STATEMENT
Standing order 1,
Direct debit 2,
Debit card transactions 3
6  cards
TRADE DISCOUNT AND CASH DISCOUNT
Trade discount 1,
Cash discount 2
2  cards
Receivable Ledger
Debit 1,
Credit 2,
How do you know when the customer...
4  cards
Payable Ledger
Debit 1,
Credit 2,
How is the amount from the suppli...
4  cards
Mrs Snows Knowledge Test
What is a sales journal 1,
What is a purchase journal 2,
What is the sales returns journal 3
13  cards
Mr Lewis Knowledge Test
Standing order 1,
Direct debit 2,
Credit transfer 3
8  cards
Benefits of Preparing Bank Reconciliation Statement
Benefit 1,
Benefit 2,
Benefit 3
6  cards
Ms Snow Assessed Task
Where is the sales ledger control...,
What does the sales ledger contro...,
Sales ledger control account debi...
12  cards
Ms Snow Assesed Task Pt 2
Benefit 1,
Benefit 2,
Benefit 3
5  cards
Income Statements
Revenue 1,
Sales returns 2,
Purchases 3
12  cards
Full Income Statement
Full income 1,
Full statement of financial posit...
2  cards
Key Terminology
Non current assets 1,
Current assets 2,
Inventory 3
14  cards
Accountig Knowledge Test 19/12
Income statement 1,
Statement of financial position 2,
Revenue 3
21  cards
Mr Jey Knowledge Test 15nth Jan
Rail 1,
Addition error 2,
Partial omission error 3
13  cards
Role of an Account
Management accounting 1,
Planning 2,
Control 3
9  cards
Applications of Accounting Concepts
Business entity 1,
Money measurement 2,
Duality 3
10  cards
Accounting Concepts
Business entity 1,
Money measurement 2,
Duality 3
9  cards
mr jey 11nth march
Capital expenditure 1,
Lidia 2,
What can lidia include 3
20  cards
mrs snow 13nth may
What are the different types of o...,
What is a sole trader 2,
Advantages of being sole traer 3
19  cards
mr jey 18nth march
Owners capital 1,
Advntage of owners capital 2,
Disadvantage of owners capital 3
21  cards
assesment 19nth march
Cost layout left side 1,
Cost layout right side 2,
Provision for depreciation left s...
6  cards
budgets knowledge test
Budget 1,
Variance 2,
Target setting benefit 3
17  cards
limited companies knowledge test
Example of extract income stateme...,
Example of equity section 2,
Example of equity 3
12  cards
profitability ratios
Gross profit margin 1,
Mark up 2,
Profit in relation to revenue 3
17  cards
marginal costing
Direct cost 1,
Indirect cost 2,
Variable costs 3
17  cards

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Accounting

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