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Accountancy

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

By: Bridget Clarke
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Decks in this class (18)

Chapter 3 - Double entry bookeeping
What is the duel conecpt,
What are the debit and credit rules,
How are ledger accounts t account...
5  cards
Chapter 1 - Ethics
How cn individual judgement vary ...,
What 2 companies have produced co...,
What are the 5 fundermental princ...
5  cards
Chapter 1 - introduction
What are the 3 types of businesses,
Charity do not make profits and l...,
What is a current asset what is a...
8  cards
Chapter 2 - accounting equation
What is a non current liabilty wh...,
What is inventory,
What is a financial statment
10  cards
Chapter 4 - preperation of financial accounts
When a sales item is returned fro...,
When a purchase returned to the s...,
Show the ledger account entries f...
10  cards
Chapter 6 - accruals and prepayments
What is opening inventory what is...,
What is carriage inwards what is ...,
What does accruals bais state
10  cards
Chapter 7 - Inventory
When should inventory stock takes...,
In the sfp what inventory value s...,
What is the value of closing inve...
12  cards
Chapter 8 - NCA and depreciation
What are the teo types of non cur...,
Define carrying amount,
What are the 2 methods to calcula...
17  cards
Chapter 9 - irrecoverable debts
What are irrecoverable debts,
How are irrecoverable debts accou...,
What is an irrecoverable debt rec...
10  cards
Chapter 10 - books of entry
What are original enery books,
All transactions are originally r...,
Books of original entry terminolo...
15  cards
Chapter 10 - VAT
What is input tax what is output tax,
What money is paid or reclaimed f...,
Define net selling price gross se...
9  cards
Chapter 11 - contol accounts & errors
What is a contra entry,
Will the following be posted in c...,
Will the following be posted in c...
20  cards
Chapter 12 - partnership UK GAAP
How is accounting for partners di...,
How are profits allocated between...,
How is profit legally shared when...
20  cards
Chapter 14 - company financial statments
How are comapny statments of prof...,
How are comapny statments of fina...,
What are oridnary shareholders
16  cards
Chapter 13 - UK GAAP
How do companies prepare financia...,
What documents are required in fi...,
Give the uk gaap terminology for ...
5  cards
Chapter 5 - International accounting
Whatdo ias financial statments ne...,
What is the going concern concept
2  cards
Exam questions
What are the 2 objectives of fina...,
What will a financial statment ha...,
Discount offered for early paymen...
11  cards
exam questions
0  cards

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Accountancy

  • Class purpose General learning

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  • 31 decks
  • 1706 flashcards
  • 1402 learners
Decks: Chapter 1, Powerpoint 1, Powerpoint 2, And more!
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