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Umar Khan
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Decks in this class (10)
ACF100 - WEEK 1
What is the purpose of accounting 1,
What is the accounting entity con...,
Who are the internal users of fin...
26
cards
ACF100, Week 2
Q1 what is the going concern conc...,
Q2 how are assets valued under th...,
Q3 how are assets valued if the b...
32
cards
Week 3
Q what are books of original entry 1,
Name 3 examples of books of origi...,
What is recorded in the sales day...
20
cards
Week 4
What is the purpose of the income...,
What is the formula for income 2,
Where do we get figures to prepar...
16
cards
Week 5
What are non current assets 1,
What are the three types of non c...,
What is the key difference betwee...
21
cards
Week 6
Q what is inventory in accounting...,
Q when does inventory become an e...,
Q what are the three types of inv...
22
cards
Week 7
What is the formula for calculati...,
Where is closing inventory shown ...,
What is an accrual 3
18
cards
Week 8
What is the main purpose of the s...,
What are the three sections of th...,
What is the difference between th...
12
cards
Week 9
What is meant by separate legal e...,
What is perpetual existence 2,
What is limited liability 3
26
cards
Week 10
0
cards
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ACF100
- Class purpose General learning
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