| Challenging activities that will refine and consolidate student knowledge of key accounting concepts.
Topics Included:
- Income (revenue) and cash receipts
- Expenses and cash payments
- Credit transactions
- Recording for credit transactions
- Cash receipts and payment journals
- Reporting for service businesses
- Bank reconciliation
- Price setting
- Recording for stock
- Stock taking and adjustments
- Journals for trading businesses
- Reporting for trading businesses
- Depreciation
- Balance-day adjustments
- Recording for petty cash
- Glossary. |