Accounting

This document teaches anyone who is new to accounting or still trying to understand accounting, the basics and how to apply them to complex examples. Most of the time teachers or lecturers innocently do not teach the concepts at a basic level, this document will teach you the basics and help you understand accounting on another level.This is Part 1 of Accounting for Dummies.

A wholistic overview of the Partnership form of ownership

The Grade 11 Accounting Notepad is a comprehensive and colorful guide to accounting principles. It includes clear explanations of general ledger accounts and double-entry principles, as well as specific guidance on inventory accounts, closing transfers and partnerships. Designed for students in Grade 11, this notebook is an invaluable resource for anyone studying accounting. With easy-to-follow examples and exercises, it helps students master the fundamentals of accounting and prepares them for ...

Summary on bank reconciliation and its procedure

Recap on the perpetual inventory system and perpetual inventory system. Includes income statement format and the disclosure note for Inventories.

Theory - Differences and similarities between the periodic and perpetual inventory system. Also includes: How to record the ledger accounts (T-accounts) under each inventory system.