Subject Matter Of Book Keeping
Subject Matter of Book Keeping
Explain the role of Book-keeping
Explain the concepts of business entity
Principles Of Double Entry System
Principles of Double Entry System
Describe what a business transaction is
Analyses a business transaction
Sort the changing values of things owned and owed
Determine account balances
Classification Of Accounts
Classification of Accounts
Differentiate between personal and impersonal accounts
Identify the possessions of the business
Trial Balance
Trial Balance
Construct a Trial Balance
Give the advantages and short falls of the Trial Balance
Stock
Tock
Distinguish between stock at start and stock at close
Identify the treatment of stocks in the books of the business with particular reference to the final accounts
Elementary Trading Profit And Loss Accounts
Elementary Trading Profit and Loss Accounts
Describe what a Trading, profit and Loss account is
Determine the Gross profit or Gross Loss
Determine the cost of goods sold
Determine the net profit and the net loss
Elementary Balance Sheet
Elementary Balance Sheet
Explain the Balance sheet Interpretation and Capital of the business
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