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Bookkeeping Transactions Level 2

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

By: Lara Walker
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Decks in this class (11)

Chapter 1- The Accounting System
What are financial transactions 1,
Selling goods and services info 2,
What is a credit sale 3
42  cards
Chapter 11- The Initial Trial Balance
0  cards
Chapter 10- Petty Cash Book
0  cards
Chapter 9- Cash Book
0  cards
Chapter 8- Prepare Payments to Suppliers
0  cards
Chapter 7- Accounting for Purchases, Returns, Discounts
0  cards
Chapter 6- Process Documents from Suppliers
What is a price enquiry 1,
What is a price quotation 2,
What is a purchase order 3
9  cards
Chapter 5- Process Payments from Customers
What financial documents are incl...,
What does the invoice set out 2,
What does the credit note do 3
18  cards
Chapter 4- Accounting for Sales, Returns and Discounts
What are the 4 stages of the acco...,
What does the term sale mean 2,
What is revenue income 3
58  cards
Chapter 3- Double entry and the Accounting Equation
Bank account with capital letters...,
Bank account with lower case lett...,
What are double entry accounts 3
61  cards
Chapter 2- Financial Documents for Sales
What are the 7 different financia...,
What is a price quotation 2,
What is a purchase order 3
40  cards

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Bookkeeping Transactions Level 2

  • Class purpose General learning

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