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Accounting

Sophee-Ann G Humanities Year 10 Inglés 6 fichas

Accounting

Fichas del conjunto (6)

  1. 1Cash Receipt JournalCash Receipt Journal
  2. 2Cash Payments JournalCash Payments Journal
  3. 3Statement of Receipts and PaymentsStatement of Receipts and Payments
  4. 4Profit and Loss StatementProfit and Loss Statement
  5. 5The four steps in the accounting cycle: ARSPThe four steps in the accounting cycle:
    1. Analyse the transactions
    2. Record the effect of transactions in a journal entry
    3. Summarise the effects of transactions
    • Post journal entries to the ledger
    • Prepare a trial balance
    4. Prepare reports
    • Make adjusting entries
    • Prepare financial statements
    • Close the books
  6. 6Keeping Business Records & Keeping Financial Records. Monitor the progress of your business
    . Prepare your financial statements
    Identify sources of your income
    Keep track of your deductible expenses
    . Keep track of your basis in property
    . Prepare your tax returns
    . Support items reported on your tax returns

Información

Descripción
Humanities ~ Semester One, Accounting
Creado por
Sophee-Ann G
Visitas
25
Etiquetas
humanities
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