Introduction To Bookkeeping: Other Receivables And Payables
Bayani Gaba-gaba
Not every amount a business owes, or is owed, comes from buying and selling goods. Rent, insurance, electricity and commission rarely fall due on the last day of the accounting year, so at any year end a business is almost always sitting on a small pile of 'other' receivables and payables that have nothing to do with its trade receivables and trade payables ledgers.
In this lesson you will learn what accrued and prepaid expenses and income are, why the accruals concept requires them, and how to record each one correctly in a ledger account using double entry.
Manufura
- Explain why it is necessary to account for other receivables and payables
- Distinguish between other receivables and payables
- Calculate and record other receivables and payables in the books of account
Taswirar tunani
An zana wannan batu don ka ga yadda ra'ayoyi ke hadewa.
Bude taswirar tunani a cikin manhaja
Katunan tunawa
Gwaji mai sauri kan abin da ake jarraba a wannan batu.
Yi atisayen wadannan katuna a cikin manhaja
Takardar Darasi
Cikakken Bayanin Darasi Yana Kan Manhajar Green Bridge
Sami manhajar Green Bridge CBT a wayarka ko kwamfutarka domin cikakken laburaren IGCSE: takardun jarrabawar baya, tsarin kimantawa, taswirar tunani, katunan karatu da darussan sauti.
Nazarin Darasi
Barka da kammala darasi akan Introduction To Bookkeeping: Other Receivables And Payables. Yanzu da kuka bincika mahimman ra'ayoyi da ra'ayoyi, lokaci yayi da zaku gwada ilimin ku. Wannan sashe yana ba da ayyuka iri-iri Tambayoyin da aka tsara don ƙarfafa fahimtar ku da kuma taimaka muku auna fahimtar ku game da kayan.
Za ka gamu da haɗe-haɗen nau'ikan tambayoyi, ciki har da tambayoyin zaɓi da yawa, tambayoyin gajeren amsa, da tambayoyin rubutu. Kowace tambaya an ƙirƙira ta da kyau don auna fannoni daban-daban na iliminka da ƙwarewar tunani mai zurfi.
Yi wannan ɓangaren na kimantawa a matsayin wata dama don ƙarfafa fahimtarka kan batun kuma don gano duk wani yanki da kake buƙatar ƙarin karatu. Kada ka yanke ƙauna da duk wani ƙalubale da ka fuskanta; maimakon haka, ka kallesu a matsayin damar haɓaka da ingantawa.
- A business pays $12,000 in rent during the year. At the year end, a further $2,000 is owed for the final month, not yet paid. What is the rent expense for the year? A) $10,000 B) $12,000 C) $14,000 D) $2,000 Answer: C
- Insurance paid during the year is $5,000, of which $600 relates to the next accounting period. What is this year's insurance expense? A) $5,600 B) $4,400 C) $600 D) $5,000 Answer: B
- Which of the following best describes accrued income? A) Income received but not yet earned B) Income earned but not yet received C) Income neither earned nor received D) Income received twice Answer: B
- A business receives $8,000 in commission during the year, of which $500 relates to work not yet performed. What is this year's commission income? A) $8,500 B) $7,500 C) $500 D) $8,000 Answer: B
- On the statement of financial position, an accrued expense is shown as: A) A non-current asset B) A current asset C) A current liability D) Capital Answer: C
Yi aikin wadannan tambayoyi a cikin manhaja
Yi aikin wadannan tambayoyi a cikin manhaja
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Yi Aikin Tambayoyin Gwaji
Kana son yin aikin tambayoyin gwaji kan Introduction To Bookkeeping: Other Receivables And Payables? Sauke manhajar Green Bridge CBT don samun tambayoyin gwaji da cikakkun jarrabawa akan wannan batu.
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