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This document is used from all past papers and tuts, it is summarized all the small details that you need to remember in order to succeed. Once you learn from this note pack then you will be more than able to understand each topic and do extremely well in both exams. By having the whole semesters work in one document - you can stay on track and be ahead. Fin Acc is not an easy module but this will make it easier

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NB to remember tuts edition


whengiven Generalledger amounts forME
intern dividend isaso ii.ly i so



Dividends
paidfrom R E
Fenas
liabilities MCR VDR whengivingoutdividends or


Retained
Journal Entriesfor issuing shares s parts
Earnings
Preference balance xxx trust accountastr
Interim otiohappIafgcstpslmhountEsnaresappliedforx


priceofeac mitIEoittiiiingggag.anae
Chieper.ph
ordinary us


balance at

µ
a Ice it giggiginta
issued shares nice



DR APP Cap.fi isepss
3 same asabove
issueof soooo snares
fixed property
topamount aboveamount

e.g Journal
entry for revaluation u I Ii sp
payoutof noooounsuccessfulapplications


DRretainedearnings
Iran ftp gii'cons g arebanic
recordingof
share issuecost
amountat shareissuecost




an

iii iii iii iii
colosingaffan gainofrevaluation




PP NOTE formulas


Accumulated depr beg ofyr

Acc depr end depreciation lineitem Accdepreciation ofanyequipmentsold in current year

disposals costprice ofitem accummated depreciation ofitemsold

, ownership
Journal entry toshow investments fairvalue ASSETS
ONLY FINANCIAL

DR adjustments
PIL x

x 30000shares 218.00 FV
cp usoooo

fairvalueadjustment fu CP x



SFP

urrent Assets generalleaser sale
go.gg
B
inventory side stivEh
28000 20000 posititpsjffgs.us
Taxation receivable 260000

takefrom
as
bank

debtors debtorsfrom GL ACLD anydebtorsdeclaredinsolvent



settlement statements



NBcashdiscount of 51 0.05
amounts
whengiven



fifii
fi
remembeformateana


discount
trade

a gymonth Isay
we

uaoooxo.es cashaiscount
ruso
oksent's
receipt rail cashdiscount cruso

Document information

Uploaded on
June 10, 2025
Number of pages
15
Written in
2024/2025
Type
Summary
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