This class was created by Brainscape user Lia Burke. Visit their profile to learn more about the creator.
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Lia Burke
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Decks in this class (11)
Accounting Concepts
Accruals,
Going concern,
Consistency
4
cards
Suspense A/Cs
Suspense a c,
Trial balance,
Errors not revealed by trial bala...
9
cards
Farm a/cs
Purpose of farm a c,
How do you deal with drawings for...,
Limitations of a receipts payment...
3
cards
Depreciation of a/cs
Reasons for depreciation,
Depreciation,
Depreciation methods
6
cards
Marginal v Absorption
Show the differences between marg...,
Statement,
Explanation
5
cards
Costing (marginal and product
Product costing,
Reasons for product costing,
Step fixed costs
11
cards
Cash Flow Statement
Benefits of preparing a cash flow...,
Cash expenses,
Non cash expenses
10
cards
Budgeting
Budget,
Budgetary control,
Advantages of budgets
19
cards
Incomplete Records
Incomplete records,
Accounting bases,
Accounting policies
5
cards
Published a/cs
Published a cs,
The bodies institutions that regu...,
What is an audit
15
cards
Debtors and Creditors Control a/cs
Advantages of control a cs to a firm,
Books of first entry used in the ...,
What a different balance in the c...
7
cards
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Accounting Theory
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