General ledger + Ledger accounts (narrations)
0.0(0)
Studied by 4 people
Learn
Practice Test
Spaced Repetition
Match
FlashcardsCard Sorting
1/22
Earn XP
Description and Tags
Study Analytics
Name | Mastery | Learn | Test | Matching | Spaced |
|---|
No study sessions yet.
23 Terms
1
New cards
Prepaid expense
2
New cards
Accrued expense
3
New cards
Bad debts
4
New cards
Unearned revenue
5
New cards
Accrued revenue
6
New cards
Depreciation
7
New cards
Disposal of NCAs
- cash/trade-in
- disposal + purchase using loan
- disposal using bus doc + owing amount
- cash/trade-in
- disposal + purchase using loan
- disposal using bus doc + owing amount
8
New cards
Closing general ledgers
9
New cards
Contributing assets/liabilities
- commencement of bus
- commencement of bus
10
New cards
Correcting entries
- wrong ledger account/AR
- wrong amount
- both smh
- wrong ledger account/AR
- wrong amount
- both smh
11
New cards
Purchase return + using IC/FIFO
12
New cards
Sales return + using IC/FIFO
13
New cards
Inventory write-down calculation
14
New cards
Product + period cost calculation
15
New cards
Discount revenue/expense calculation
16
New cards
Calculate GST received vs GST paid for CFS
17
New cards
Account reconstruction for AR
18
New cards
Account reconstruction for AP
19
New cards
Account reconstruction for Inventory
20
New cards
Account reconstruction for GST clearing
21
New cards
Account reconstruction for Capital
22
New cards
Account reconstruction for disposal of NCA account
23
New cards
Preparing budgeted CFS/IC/BS using account reconstructions/schedule (with 2 missing figures)