1547accounting Unit 3 Notes.Pdf Uploaded Successfully

1 © Liam Mariadas 2012 Contents Area of Study One: Chapter 1: The Role of bill: Purpose, users, process of postinging, financial data V information..3 Principles, soft Characteristics, Assets.4 Liabilities, Owners Equity, Revenue, spending.5 Chapter 2: The invoice Equation: The Accounting Equation.5 The offset Sheet, Classifying the Balance Sheet, Loans on Balance Sheet, Double Entry...6 Chapter 3: The General volume: What is a daybook account?, T-Accounts, Double Entry and update Ledgers.7 Debit or trust? For Assets, Liabilities, OE, Revenue and Expenses..8 Recording in the Ledger, Cross Referencing, Analyzing Chart9 Opening Balances, The Trial Balance, undercoat..10 Footing and updating the struggle balance example, Error catching with the Trial Balance..11 Balancing, Balancing Procedure..12 Chapter 4: The Goods and Services Tax (GST) GST presentation.

12 GST Liability/Asset, Source Documents (for GST), GST slowness (qs inc./exc. GST).13 notes Receipts/Inflows: Receipts, light upon with GST, recording in ledgers....14/15 gold Payments: Why pay by deterrent?, cheque butts, affect with GST, Credit Sales/Purchases.15 Invoices, GST affect, Ledger, GST summary, memos, Statement of Accounts, set Forms16 Chapter 5: Special journals 1- Credit ledgers Control Accounts, Special ledgers, Purchases Journal..17 Totaling Purchases Journal and posting to ledgers, Creditors Subsidiary Ledgers..18 Creditors Subsidiary Ledger, Creditors Schedule, Sales Journal totals to the Ledger.19 Debtors Subsidiary Ledger, Debtors Schedule, Reporting GST, Benefits of Control Accounts....20...If y ou want to disembowel a full essay, order i! t on our website: OrderCustomPaper.com

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