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John Gerrand (7)

Study Guides for John Gerrand

Principles of accounting and finance

ACC1000 Study Guide - Final Guide: Deferral, Current Asset, Net Profit

Chapter 1 The Role of Accounting 1. List five factors that can influence the likelihood that a small business will be successful. Consumer tastes, the level of competition, the quality of its staffemployees, the economic c...

Accounting
ACC1000
John Gerrand
ACC1000 Study Guide - Final Guide: Accrual, Basis Of Accounting, Going Concern

Key Elements Assets are resources controlled by an entity, as a result of past events, from which future economic benefits are expected to flow to the entity. Liabilities are present obligations of the entity as a result o...

Accounting
ACC1000
John Gerrand
ACC1000 Study Guide - Final Guide: Income Statement, General Ledger, Current Liability

Prepare the equities side of the Balance Sheet Classified balance sheet Current assets Current liabilities Bank Creditors control Cash on hand Bank overdraft Debtors control Mortgageloan (one year) Stock Accrued wages Prep...

Accounting
ACC1000
John Gerrand
ACC1000 Study Guide - Final Guide: Subledger, Cheque, Accounting Equation

Chapter 1 Entity Principle The owner and the business are considered to be separate accounting entities, and their records should be kept on this basis. The fees are an expense of the owner, not an expense of the business,...

Accounting
ACC1000
John Gerrand
ACC1000 Study Guide - Final Guide: A Question Of Balance, Current Asset, Capital Account

Chapter 1 1.1 The Purpose of Accounting Aside from the quality of what business owners are selling, there are a variety of other factors that will influence their chance of success, including: Consumer tastes and demand Th...

Accounting
ACC1000
John Gerrand
ACC1000 Study Guide - Kumis, Horse Meat, Stirrup

October 18, 2012 History: Lecture 6 The Middle East and Central Asia Introduction to the Middle East The Middle East is not a specially designed area Countries ...

Accounting
ACC1000
John Gerrand
ACC1000 Study Guide - Cash Flow Statement, Asset Turnover, Cash Flow

1) Accounting - it is the process of identifying, recording and communicating economic events to the users 2) Role of accounting – it is a means of communication as it provides information to see where the compan...

Accounting
ACC1000
John Gerrand

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