Sources And Recording Of Data
Overzicht
Somewhere in a shop this morning a customer took a printed slip, folded it, and put it in a pocket. That slip is the beginning of accounting. Before anyone can say whether a business made a profit, someone has to capture what happened, in writing, at the moment it happened. Every number in a set of financial statements can be traced back down the chain to a piece of paper that recorded one real event.
This lesson follows that chain from end to end. You will learn which document is created by which event, which of the seven books of prime entry it is written into, how it reaches the ledger as a pair of equal and opposite entries, and how those ledger balances finally become an income statement and a statement of financial position. You will complete an invoice, rule off a customer account, and run a petty cash book on the imprest system, which are the three tasks this content area is examined by most often.
Doelstellingen
- The double entry system including understanding of the use and the preparation of source documents.
- The recording of transactions from source documents in books of prime entry and ledger accounts and transferring accounts to financial statements.
- Prepare and understand accounting records based on source documents and use the main books of prime entry and ledger accounts to record transactions. Prepare and understand the use of the imprest system to record petty cash.
Mindmap
Dit onderwerp is in kaart gebracht zodat je ziet hoe de ideeen samenhangen.
Open de mindmap in de app
Lesnotitie
Volledige lesnotitie beschikbaar in de Green Bridge-app
Installeer de Green Bridge CBT-app op je telefoon of computer voor de volledige IGCSE-bibliotheek: examens uit voorgaande jaren, correctiemodellen, mindmaps, flashcards en audiolessen.
Lesevaluatie
Gefeliciteerd met het voltooien van de les op Sources And Recording Of Data. Nu je de sleutelconcepten en ideeën, het is tijd om uw kennis op de proef te stellen. Deze sectie biedt een verscheidenheid aan oefeningen vragen die bedoeld zijn om uw begrip te vergroten en u te helpen uw begrip van de stof te peilen.
Je zult een mix van vraagtypen tegenkomen, waaronder meerkeuzevragen, korte antwoordvragen en essayvragen. Elke vraag is zorgvuldig samengesteld om verschillende aspecten van je kennis en kritisch denkvermogen te beoordelen.
Gebruik dit evaluatiegedeelte als een kans om je begrip van het onderwerp te versterken en om gebieden te identificeren waar je mogelijk extra studie nodig hebt. Laat je niet ontmoedigen door eventuele uitdagingen die je tegenkomt; beschouw ze in plaats daarvan als kansen voor groei en verbetering.
- Which document does a supplier send to a customer to reduce the amount owed after an overcharge? A. Credit note B. Debit note C. Paying-in slip counterfoil D. Statement of account Answer: A
- In which book of prime entry is a petty cash voucher recorded? A. Cash book B. General journal C. Petty cash book D. Purchases journal Answer: C
- Where is the personal account of a credit supplier kept? A. General ledger B. Payables ledger C. Purchases journal D. Receivables ledger Answer: B
- Goods with a list price of $500 are sold on credit less 20% trade discount. What amount is entered in the sales journal? A. $100 B. $400 C. $480 D. $500 Answer: B
- What is the double entry when the owner pays $600 of office cash into the business bank account? A. Debit bank, credit capital B. Debit bank, credit cash C. Debit cash, credit bank D. Debit cash, credit sales Answer: B
Maak deze vragen in de app
Maak deze vragen in de app
Aanbevolen Boeken
Oefen Proefexamenvragen
Wilt u proefexamenvragen over Sources And Recording Of Data oefenen? Download de Green Bridge CBT-app voor toegang tot proefexamenvragen en volledige oefentoetsen over dit onderwerp.
Download de app in de Google Playstore
Alles wat je nodig hebt om uit te blinken in JAMB, WAEC en NECO.
