An Introduction to Financial AccountingThis is an introductory level text for students undertaking accounting or business studies that offers a foundation to financial accounting. An interactive approach has been adopted to integrate the theory with practical situations. |
Contents
The accounting equation and its components | 18 |
Doubleentry bookkeeping | 27 |
The balancing of accounts and the trial balance | 47 |
Copyright | |
24 other sections not shown
Common terms and phrases
30 April 30 June 31 December 31 July 31 March ACCA accounting policies Accounting Standards accruals amount bad debts Balance b/d balance sheet book of prime branch capital account cash discount cash flow statement cent chapter cheque columns computed control account cost of sales credit note current assets current liabilities December 19X8 Discount allowed Discount received dividend double-entry entered entity errors example expenditure expenses explain final accounts Financial Reporting financial statements fixed assets funds goodwill Gross profit head office historical cost interest invoice key terms ledger accounts ledger entries loan loss account method Motor vehicles ordinary shares paid payments period petty cash book prepare prepayments prime entry profit and loss provision for bad Provision for depreciation ratio recorded Rent returns day book revenue shown terms and concepts Trade debtors trading account transactions trial balance