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Gundo M
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Decks in this class (7)
Chapter 1: Introduction and The Conceptual Framework
What does accounting compromise of,
What is the purpose of accounting,
What is the difference between fi...
23
cards
Chapter 2: The Account
What is the account,
What are the classifications of a...,
What is the format of an account ...
6
cards
Chapter 3: The General Journal
What are the steps to recording s...,
Name the different subsidiary jou...,
Name the different subsidiary jou...
5
cards
Chapter 4: General Ledger And Trial Balance
Name and explain the different le...,
What step in the accounting proce...,
What are the steps for balancing ...
21
cards
Chapter 5: Owners Interest/Equity (Capital)
What is the formula for owners eq...,
Explain the double entry principl...,
What are the funds and assets tha...
7
cards
Chapter 6: Non-current Assets
Source documents,
What are assets,
Which non current asset does not ...
14
cards
Chapter 12: Presentation Of Financial Statements
What is the objective of financia...,
Why are financial statements prep...,
Why should ifrs standards be adhe...
14
cards
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ACCS 111
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