Click to the respective topic on Non Trading Organizations: Content Page On NON TRADING ORGANIZATIONS 1.0 Accounting For Non Trading Concerns – Part 1 2.0 Accounting For Non Trding Concerns – Part 2 3.0 Non Trding Concerns And Its Financial Statements 4.0 QUESTIONS BANK: Accounting Test Question No NT 1 Answer to Accounting Test … Read more
Click to the respective topic on Incomplete Records: Content Page On INCOMPLETE RECORDS ACCOUNTING 1.0 Single Entry Accounting and Its Disadvantages Learn what are some of the advantages or benefits derived from using Single Entry System Is it true that single entry is a separate system of bookkeeping ? 2.0 Part 1: How to compute … Read more
Click to the respective topic on Financial Statements: Content Page On FINANCIAL STATEMENTS 1.0 ABOUT THE FINANCIAL STATEMENTS: What are the COMPONENTS in the Financial Statements What are the PURPOSE(S) of the Financial Statements Who are the USERS of Financial Statements What are the POTENTIAL USES of the Financial Statements What are the QUALITATIVE characteristics … Read more
Click to the respective topics under Correction Of Errors Content Page on CORRECTION OF ERRORS Understanding Suspense Account – Its Uses and some salient points Errors Not Affecting The Trial Balance Part 1 of 2 Errors Affecting The Trial Balance Part 2 of 2 Revision Notes On Correction Of Errors QUESTION BANK: Accounting Test Question … Read more
Click to the respective topic: Content Page On Control or Total Accounts Understand what is Total Or Control Account Total Debtors Accounts Versus Individual Ledgers QUESTION BANK: Question CO1 On Control Accounts Answer to Question No CO1 On Control Accounts Question No CO2 On Control Accounts Answer To Question No CO2 On Control Accounts
Click to the respective topic: Content Page On CASH FLOW STATEMENT 1.0 Basic understanding of Cash Flow Statement 2.0 What is in the Cash Flow Statement? 3.0 What is Cash flow And Why it is so Important? 4.0 Managing Cash flows – Steps To Improve Cash flows 5.0 OTHERS: Profit Versus Cash Concept Cash Versus … Read more
Append below a listing of topics covered under the heading Accounting Cycle: Content Page On ACCOUNTING CYCLE 1.0 Overview of a typical Accounting Cycle and understanding its flows Steps Involved: 2.0 SOURCE DOCUMENTS: 3.0 JOURNAL/ORIGINAL BOOK OF ENTRY/SUBSIDIARY BOOKS The Sales Journal The Purchase Journal The Cash Payments Journal The Cash Receipts Journal The General … Read more
The objective of this study case on Starting Your Own Business allows the readers to: To discuss the revenue and expenses of a small service business To explain how investments made by a business owner affect the accounting equation To apply the basic accounting equation To discuss the type of organization on starting and expanding … Read more
Append below the answer on True Or False on questions on depreciation: ACCOUNTING FOR DEPRECIATION AND FIXED ASSETS True False 1. Depreciation is a non-cash item X 2. Depreciation is calculated generally on the market value of fixed assets X 3. Depreciation should be provided only where the company can show some … Read more
Append below the following true or false questions ( with answers) on depreciation: ACCOUNTING FOR DEPRECIATION AND FIXED ASSETS True False 1. Depreciation is a non-cash item 2. Depreciation is calculated generally on the market value of fixed assets 3. Depreciation should be provided only where the company can show … Read more