Content Page on Accounting Case Study and Interesting Articles

Tweet This Content Page helps you to navigate to all articles relating to Accounting Case Study and articles. From each topic, you can return to this Content Page. Click to the respective topic: Content Page ACCOUNTING CASES STUDY & ARTICLES 1.0 Case Study No.1: STARTING YOUR OWN BUSINESS  2.0 Case Study No.2: CONTROL OR MANAGE […]

Accounting Quiz or Test on Knowledge On Bookkeeping and Accounting

Tweet This Content Page helps you to navigate to all articles relating to the Accounting Quiz or Short refresher questions on bookkeeping and accounting. The objective here is to test your basic knowledge on accounting to ensure that some important items are not being missed out by the readers.. From each topic, you can return […]

Content Page of Commonly Used Accounting Report Format

Tweet This Content Page helps you to navigate to all articles relating to the COMMONLY USED ACCOUNTING REPORTS FORMAT. From each topic, you can return to this Content Page. Click to the respective topic: Content Page Accounting format of Interim Financial Statements (FRS 134) Accounting Report format of Trading, Income & Expenditure and Balance Sheet […]

Content Page On Basic Accounting Concepts, Principles and Regulatory Framework

Tweet Click to the respective topic: Content Page   Accounting Period Concept               Business Entity Concept      Consistency Concept                         Dual Aspect Concept   Full Disclosure Concept                     Going Concern Concept   Historical Cost Concept                      Matching Concept                 Materiality Concept                             Money Measurement Concept                      Prudence Or Conservative Concept    Substance Over Form More on Materiality concept Understand the […]

Content Page on Double Entry System and Accounting Equation

Tweet This Content Page helps you to navigate to all articles relating to the DOUBLE ENTRY SYSTEM AND ACCOUNTING EQUATION. From each topic, you can return to this Content Page. Click to the respective topic: Content Page Learn the rules of double entry bookkeeping system What is the double entry system or dual aspect accounting […]

Content Page on Planning, Designing A Proper Accounting system and Chart of accounts

Tweet This Content Page helps you to navigate to all articles relating to the planning, design of Proper Accounting System and what is a Chart of accounts and examples of a simple and complex one.From each topic, you can return to this Content Page. Click to the respective topic: Content Page 1.0 Explain what is […]

Content Page on Introduction to Accounting

Tweet This Content Page helps you to navigate to all articles relating to the basic introduction to Accounting. From each topic, you can return to this Content Page. Click to the respective topic: Content Page Explain the term Accounting and Accountancy Explain the terms Accounting, Accounts and Bookkeeping Explain the difference between Financial Accounting and […]

Learn the approach on how to deal with incomplete records accounting test questions

Tweet We need to at least learn the standard method to deal with incomplete records accounting test question which are summarized as follows: First establish the opening balance sheet and the proprietor’s interest   Open up the normal four accounts: A  trade receivables account A trade payables account A cash book, with two columns if […]

Basic Key Terms Used in Depreciation Accounting

Tweet In accordance with international  accounting standard, the following are the basic key terms used in depreciation accounting for fixed assets: DEPRECIATION is the allocation of the depreciable amount of an asset over its estimated useful life. Depreciation for the accounting period is charged over net profit or loss for the period either directly or […]

Learn what are the Rules of Double Entry Bookkeeping

Tweet Tabulated below are the rules of double entry bookkeeping: Note the basic rule of double entry bookkeeping: every financial transaction gives rise to two accounting entries,one a debit and the other a credit. The total value of debit entries in the nominal ledger is always equal at any time to the total value of […]