CONTENT Causes of Depreciation Reasons for charging depreciation Factors to be considered in the computation of depreciation Methods of providing […]
Tag: SS2 1st Term Financial Accounting
ACCRUALS The accrual concept states that revenue and expenditure of a period should be matched together – whether or not […]
If a trader usually allows and receives cash discounts the debtors and creditors balances in the Balance Sheet at the […]
PROVISION FOR DOUBTFUL DEBTS Although a debt may not actually have become bad, there may be doubt as to whether […]
CONTENT SPECIAL ITEMS OF EXPENSES/LOSSES BAD DEBTS RECOVERED CLOSING ENTRIES ADJUSTMENTS IN THE FINAL ACCOUNT SPECIAL ITEMS OF EXPENSES /LOSSES […]
FIRST TERM E-LEARNING NOTE SUBJECT: FINANCIAL ACCOUNTING CLASS: SS2 SCHEME OF WORK WEEK TOPIC Final Accounts – Special transactions; Bad […]