A Level Accounting 9706 (A2 Accounts) - by ARD | Urdu/Hindi

Partner: Udemy
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Description: Paper 3 - Financial accounting (A Level)3.1.1 Financial statementsCandidates should have an understanding of:• the need for and purpose of financial statements for specific types of business3.1.2 PartnershipsCandidates should have an understanding of:• goodwill and the difference between purchased goodwill and inherent goodwill• how to prepare partners’ capital and current accounts to record changes required in respect of goodwill and revaluation of assets on:– a change in the partners’ profit-sharing ratio– the introduction of a new partner– the retirement of an existing partner– the dissolution of a partnership• how to prepare the partnership appropriation account, statement of profit or loss and statement of financial position including changes in a partnership occurring part-way through an accounting year• how to prepare a realisation account and a revaluation account3.1.3 Clubs and societiesCandidates should have an understanding of:• the distinction between a receipts and payments account and an income and expenditure account• how to define and calculate the accumulated fund• how to prepare, from full or incomplete accounting records:– a receipts and payments account– accounts for trading and revenue-generating activities– a subscriptions account– an income and expenditure account– a statement of financial position• how to account for other receipts, including life memberships and donations• how to make adjustments to financial statements (as detailed in 1.5.1)• how to evaluate possible sources of finance and methods of fundraising3.1.4 Manufacturing businessesCandidates should have an understanding of:• how to prepare a manufacturing account, to differentiate between direct and indirect e
Category: Finance & Accounting > Accounting & Bookkeeping > Accounting
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Price: 64.99
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Source: Impact
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