This class was created by Brainscape user Unnati Gurung. Visit their profile to learn more about the creator.
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Unnati Gurung
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Decks in this class (15)
Day 1 - chapter 1
What is accounting 1,
What is the accounting process 2,
What are the three financial stat...
41
cards
Day 1 - chapter 2
What is the accounting equation 1,
What is the business entity conce...,
What is the capital equation 3
16
cards
Day 1 - chapter 3
Dr 1,
Cr 2,
What does debt increase 3
24
cards
Day 2 - Chapter 4
What is a sales return 1,
What is purchase returns 2,
Cash sales return 3
26
cards
Day 2 - Chapter 5
What is the objective of financia...,
What are the two fundamental char...,
Relevance 3
30
cards
Day 2- Chapter 6
Cost of sales 1,
When do we adjust our inventory 2,
What is closing inventory 3
33
cards
Day 3 - Chapter 7
Manufacturing business 1,
What is inventory 2,
What does fifo stand for 3
31
cards
Day 3 - Chapter 8
Cost in non current asset 1,
Depreciation on a nca 2,
Disposal 3
33
cards
Day 4 - Chapter 9
What is a credit sale 1,
What is the double entry for a cr...,
What do we do if the customer doe...
19
cards
Day 4 - Chapter 10
Sales cycle 1,
Purchase cycle 2,
What is a source document 3
25
cards
Day 4 - Chapter 11
Reconciliation 1,
What do you do if there s a contra 2,
When doing adjustments on the led...
16
cards
Day 5 - Chapter 12
What is the journal day book used...,
What are the two types of error 2,
What is the purpose of a suspense...
23
cards
Day 5 - Chapter 13
What does uk gaap stand for 1,
What is uk gaap made up of 2,
What is company law 3
3
cards
Day 5 - Chapter 14
What is the capital equation 1,
Equity 2,
Retained earnings 3
52
cards
Day 6 - Chapter 14
Approach for long questions 1,
When do you credit accruals 2,
How do you account for overprovis...
6
cards
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Accounting
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accounting
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Decks:
Chapter 1, Powerpoint 1, Powerpoint 2, And more!
