Accounts
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| show | A business activity that result in an economic exchange between a business entity and another entity
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| show | The process of identifying, recording and communicating economic and financial information
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| show | recording of transactions and events either manually or electronically
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| show | Financial, Management, Auditing, Taxation, Financial Management
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| Financial Accounting | show 🗑
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| Management Accounting | show 🗑
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| show | examination of accounts to determine whether the accounts is credible
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| show | computing the amount of tax payable by business entities and individuals
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| Financial Management | show 🗑
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| show | Banks/Lenders, Shareholders/Investors, Government/Inland Revenue Board, Suppliers, Customers
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| show | Manages, Employees/Labour Unions
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| Characteristics of Accounting | show 🗑
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| show | helps users forecast future events
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| show | confirms or corrects prior expectations
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| show | information must be available to decision males before it loses its capacity to influences their decisions
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| Verifiable | show 🗑
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| Faithful Representation | show 🗑
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| show | the information should be accurate
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| Accounting Concepts | show 🗑
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| Separate Economic Entity / Dual Aspect | show 🗑
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| show | only record transactions that are given in money
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| show | the business is assumed to continue in the future
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| show | accounts has to be recorded at regular and consistent intervals
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| show | Historical Cost, Revenue Recognition/Prudence, Full Disclosure
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| Historical Cost | show 🗑
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| Revenue Recognition / Prudence | show 🗑
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| show | have to disclose all info in your accounts
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| show | Materiality Concept
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| Materiality Concept | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
narrthine
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