bsa 12c intermediate accounting 1

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

Decks in this class (32)

Chapter 1: Cash & Cash Equivalents
To understand the concepts, items and accounting treatment.
30  cards
Chapter 2: Bank Reconciliation
To understand the need for a bank reconciliation. To know the reconciling items affecting cash in bank per statement. To know the reconciling items affecting cash in bank per ledger. To be able to prepare a bank reconciliation. To be able to prepare the necessary adjusting entries to reconcile the cash in bank per bank statement.
17  cards
Chapter 3: Proof of Cash
No deck description has yet been added by the author.
0  cards
Chapter 4: Accounts Receivable
To know the measurement, adjustments, methods and acctg. treatment.
60  cards
Chapter 6
No deck description has yet been added by the author.
0  cards
Chapter 7
No deck description has yet been added by the author.
0  cards
Chapter 8
No deck description has yet been added by the author.
0  cards
Chapter 9
No deck description has yet been added by the author.
0  cards
Chapter 10: Inventories
To define Inventories. To identify the major classes of inventory To account for inventory transactions using periodic and pertual inventory system. To know the gross method and net method of recording purchases. To identify the items included in inventory cost.
41  cards
Chapter 11: Inventory Cost Flow
To identify the cost formulas required by IFRS To apply the FIFO cost formula To apply the weighted average cost formula To apply the moving average cost formula To apply the specific identification method
4  cards
Chapter 12: Lower of Cost and Net Realizable Value
No deck description has yet been added by the author.
20  cards
Chapter 13
No deck description has yet been added by the author.
0  cards
Chapter 14
No deck description has yet been added by the author.
0  cards
Chapter 15: financial Asset at Fair Value
To define a financial asset To know the classifications of financial assets To know the measurement To identify the financial assets that can measured at FVPL. To understand the measurement of Debt investments at Amortized Cost & at FVOCI.
0  cards
Chapter 16: Equity Investments (Dividends, Share Split and Share right)
No deck description has yet been added by the author.
4  cards
Chapter 17
No deck description has yet been added by the author.
0  cards
Chapter 18
No deck description has yet been added by the author.
0  cards
Chapter 19
No deck description has yet been added by the author.
0  cards
Chapter 20
No deck description has yet been added by the author.
0  cards
Chapter 21
No deck description has yet been added by the author.
0  cards
Chapter 29: DepreciationStraight line and variable method
No deck description has yet been added by the author.
25  cards
Topic 7: Quiz
No deck description has yet been added by the author.
30  cards
Chapter 28: Depreciation Sum of years' digits...
No deck description has yet been added by the author.
11  cards
Chapter 30: Depletion
No deck description has yet been added by the author.
22  cards
Topic 1 & 2 (Ch. 1-3; Ch. 4-9)
No deck description has yet been added by the author.
87  cards
Topic 3 (Ch.10-14)
No deck description has yet been added by the author.
77  cards
Topic 4 (Ch. 15-21)
No deck description has yet been added by the author.
69  cards
Equity
No deck description has yet been added by the author.
79  cards
Topic 8 (Ch. 33-35)
No deck description has yet been added by the author.
83  cards
Csh and receivables
No deck description has yet been added by the author.
66  cards
Equity
No deck description has yet been added by the author.
62  cards
Investments
No deck description has yet been added by the author.
0  cards

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bsa 12c intermediate accounting 1

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