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

Partner: Udemy
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Description: 1 Financial accounting (AS Level)1.1.1 Types of business entityCandidates should have an understanding of:• the different types of business entity:– sole trader– partnership– limited company (including public limited company (plc))• the advantages and disadvantages of these types of business entity• sources of finance and methods of funding for these types of business entity including:– loans (secured and unsecured)– bank overdrafts– payment by instalments– rental/leasing as an alternative to purchase– trade credit– sources of finance for limited companies as in 1.5.41.2.1 The accounting systemCandidates should have an understanding of:• the principles of the double entry system to record business transactions• the accounting equation• the role of books of prime entry in the recording of business transactions– sales journal– sales returns journal– purchases journal– purchases returns journal– cash book– general journal• preparation of ledger accounts• the purpose of a trial balance• the advantages and disadvantages of maintaining full accounting records• the accounting concepts underpinning the preparation of accounts: business entity, historic cost, moneymeasurement, going concern, consistency, prudence, realisation, duality, materiality, objectivity, matching /accruals and substance over form• the use of computerised accounting systems in recording financial transactions• the advantages and disadvantages of introducing a computerised accounting system• the ways in which the security of data can be ensured within a computerised accounting system1.3 Accounting for non-current assets1.3.1 Capital and revenue income and expenditure</stron
Category: Finance & Accounting > Accounting & Bookkeeping > Accounting
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Price: 59.99
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Source: Impact
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