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Showing posts with label accounting concepts. Show all posts
Showing posts with label accounting concepts. Show all posts

Thursday, June 24, 2010

Accounting Mind Maps

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A New mindmap for IGCSE Accounting has been uploaded on dineshbakshi.com. This mindmap is very helpful for students to understand the basic rules of accounting i.e. debit and credit. This mindmap can be downloaded from www.dineshbakshi.com Mind Map section in PDF format. Check out hundreds of other mind maps on Economics and Business Studies in the same section.

Sunday, April 12, 2009

Revison notes on Incomplete Records

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Updated revision notes on Incomplete records are now available on dineshbakshi.com. These revision notes cover all the important components of IGCSE, GCSE accounting syllabus.
prepare opening and closing statements of affairs;

  • calculate net profit or loss from changes in capital over time;
  • calculate sales, purchases, gross profit, debtors (trade receivables) and creditors (trade payables) and other figures from incomplete information;
  • prepare income statements (trading and profit and loss accounts) and balance sheets;
  • make adjustments to financial statements (final accounts)
  • apply the techniques of mark-up, margin and stock (inventory) turnover to arrive at missing figures.
Click here to goto the revision notes