Curriculum
- 20 Sections
- 192 Lessons
- 52 Weeks
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- Accounting Cycle Lesson (Videos)4
- Prepare Basic Financial Statement1
- Accounting Cycle for XYZ Company10
- Accounting Cycle for ABC Company9
- Prepare Financial Statement for CBA Company4
- Prepare Financial Statement for GGG Company6
- Question and Answer-fixed asset20
- 7.1Carrying amount of non current assets
- 7.2Net book value after revised useful life
- 7.3Remaining Carrying amount
- 7.4Profit or loss on fixed asset disposal
- 7.5Additions to non current assets
- 7.6proportionate depreciation
- 7.7Amortisation for Patent
- 7.8Profit or loss on disposal after revaluation
- 7.9Depreciation charge for revising the scrap value
- 7.10Carrying amount of asset with revised useful life
- 7.11Revaluation surplus & depreciation charge
- 7.12Depreciation Charge for motor vehicle
- 7.13Depreciation for lorry
- 7.14Profit or loss on disposal with the agreed trade in value
- 7.15Total value of capital expenditure
- 7.16Correct balance on the asset register
- 7.17Balance on the revaluation surplus of non-current asset
- 7.18Profit or loss from fixed asset exchange
- 7.19Cost of the machine
- 7.19Value of current assets
- Account Types11
- 8.0Detail Analysis for Five Account Types
- 8.1Key Points to Learn Accounting
- 8.2Non current Liability / Long Term Liability
- 8.3what is current liability
- 8.4what is Revenue / income
- 8.5what is Liability / Debt
- 8.6How to Classify Revenue or Liability
- 8.7What is Expense
- 8.8what is Capital
- 8.9Asset
- 8.10How to Classify Asset or Expense
- Journal Entry5
- Bank Reconciliation2
- Question and Answer-Equity14
- 11.0Closing Capital and drawing
- 11.1Balance at the bank
- 11.2Balance on capital account
- 11.3Net profit
- 11.4Profit for the year
- 11.5Share capital and share premium, bonus issue and rights issue
- 11.6Accounting entries for share issue
- 11.7retained profit for the year
- 11.8Retained earnings
- 11.9Rights issue and Bonus Issue
- 11.10Share capital and share premium
- 11.11Bonus issue
- 11.12Accounting equation after recording transactions
- 11.13Closing Net Assets
- Question and Answer-Account Receivable20
- 12.0Receivable in Statement of Financial Position
- 12.1Balance at the bank
- 12.2BALANCE ON RECEIVABLES LEDGER CONTROL ACCOUNT
- 12.3Closing balance of receivable after adjusting errors
- 12.4Receivables Charge to statement of profit or loss
- 12.5Receivables expense and allowance
- 12.6Receivables expense
- 12.7Receivables Expense in the statement of profit or loss
- 12.8right balance for receivables ledger control account
- 12.9Total credit of receivable expense to statement of profit or loss
- 12.10Trade Receivable Expense and allowance for receivable
- 12.11Receivables expense and allowance for receivable
- 12.12Net trade receivables
- 12.13Correct balance on receivables ledger control account
- 12.14Closing balance for Receivables Ledger Control Account
- 12.15Receivables expense for limited liability company
- 12.16Receivables expense for 20X5
- 12.17Closing Account Receivable after correcting the errors
- 12.18Entries for Trade Receivable
- 12.19Charge for receivables expense
- Question and Answer-Cash and Bank Reconciliation10
- 13.0Balance at the bank
- 13.1Cash Balance on Bank statement
- 13.2Balance per cash book before adjustments
- 13.3Bank balance in the statement of financial position
- 13.4Cash book balance in our system
- 13.5Correct bank balance per the cash book
- 13.6Correct bank balance in the statement of financial position
- 13.7Correct bank balance in cash book
- 13.8Overdraft per cash book
- 13.9Revised Balance on the cash book
- Question and Answer-Account Payable5
- Question and Answer- Inventory and Cost17
- 15.0Closing Inventory using Perpetual FIFO
- 15.1Cost of the inventory destroyed
- 15.2Inventory destroyed by fire
- 15.3Inventory destroyed
- 15.4Inventory loss
- 15.5PURCHASES ACCOUNT
- 15.6Value of the inventory lost
- 15.7Inventory appears in Statement of financial position
- 15.8Adjusting inventories for financial statements
- 15.9Inventory value using periodic weighted average cost /AVCO
- 15.10Value of inventory using FIFO method
- 15.11Value of inventory measured at lower at cost and NRV
- 15.12Inventory valuation and NRV
- 15.13Inventory value at end of period
- 15.14Closing inventory appears in Financial statements
- 15.15Calculating Ending inventories
- 15.16Value of closing inventory Using FIFO
- Question and Answer- Sale or Revenue14
- 16.0Sales figure for the year
- 16.1Sales for the year
- 16.2Sales revenue and gross profit percentage
- 16.3Sales revenue
- 16.4Actual Sales Revenue
- 16.5Sales on credit and cash sale
- 16.6Rental income in the statement of profit or loss
- 16.7Sale and gross profit percentage
- 16.8How to calculate sales
- 16.9Rental Income & Rent received in advance
- 16.10Balance on the sales tax/ VAT account
- 16.11Sales on credit
- 16.12Gross profit
- 16.13Total profit or loss for the year
- Question and Answer- Errors and Suspense Account | Adjustment21
- 17.0Journal entries for Correcting Suspense Account
- 17.1Net effect on profit
- 17.2Net profit after adjusting error
- 17.3Original balance on the suspense account
- 17.4Prepaid insurance
- 17.5Receivables and Prepayments
- 17.6Remaining balance on suspense account
- 17.7Remaining Suspense after correction of errors
- 17.8Adjusted total assets & Profit
- 17.9Rental Expense and Prepayment
- 17.10Interest Expense , Accrued Interest and Loan
- 17.11Adjusted Profit or loss
- 17.12Expense and Accrual for Rental
- 17.13Rent was paid in advance
- 17.14Rent expense for changing price
- 17.15Expense for oil
- 17.16Diesel fuel to be used
- 17.17correct charge for gas
- 17.18Affecting Profit with Errors
- 17.19Errors affecting profit
- 17.20Recognize Transaction incorrectly Affect Profit
- Question and Answer- Liability and provision3
- Question and Answer- Other Points4
- Accounting Cycle12
- 20.1General Journal
- 20.2Adjusting Entry
- 20.3Adjusted Trial Balance
- 20.4Income Statement
- 20.5Statement of Change in Equity
- 20.6Balance Sheet
- 20.7Closing Entry
- 20.8After Closing Trial Balance
- 20.8Accounting Cycle Part 1 /4
- 20.9Accounting Cycle Part 2 /4
- 20.9Accounting Cycle Part 3 /4
- 20.9Accounting Cycle Part 4 /4