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

By: E E

Decks in this class (10)

Chapter 1 & Some Of 2
What are the types of transactions,
What is the general ledger,
What are payables also known as
50  cards
Chaper 2 - Accounting Concepts
What is the first step in the 5 f...,
What is the second step in the 5 ...,
What is the third step of the 5 f...
9  cards
Chapter 3 - Purchases of non Current Assets
What is capital expenditure,
What could also be categorised as...,
What would the double entry be fo...
43  cards
Chapter 6 - Accruals & Prepayments
What are accruals,
What is a prepayment,
What is the double entry for accr...
20  cards
chapter 4 - depreciation of non current asset
What are non current assets,
What is the double entry for reco...,
What financial statement does pos...
22  cards
Chapter 5 - Disposal of non current assets
What happens when the proceeds ar...,
What happens when the proceeds ar...,
What is the three step process fo...
35  cards
Chapter 7 - Inventory
What is the isa rule that relates...,
What is the double entry for maki...,
What are the two t accounts that ...
27  cards
Chapter 8 - irrecoverable and doubtful debts
What is the double entry when mak...,
What is the double entry when a c...,
What is an irrecoverable debt
19  cards
Chapter 9 - Bank reconciliation
What are the reasons why the bank...,
What are unpresented cheques,
What are outstanding lodgements
4  cards
Chapter 14 - Final Accounts For A Sole Trader
Is bank on sfp or p l,
Are sales sfp or p l,
Are motor expenses sfp or p l
30  cards

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AAT - FAPS

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