Closed Book Examination

In-class Test

Nature of bookkeeping.
Introduction to accounting concepts.
Basic bookkeeping techniques.
The trial balance.
Accruals, prepayments, bad debts and depreciation.
Disposal of non current assets.
Preparation of final accounts for a sole trader.
Bank reconciliations.
Books of prime entry and control accounts.
Errors and suspense accounts.

Introduction to Financial Accounting - 4500AFYPC

Introduction to Financial Accounting

Perform a range of basic bookkeeping techniques.

Apply the basic principles and concepts of accounting.

Identify and correct basic errors in a bookkeeping system.

Prepare basic financial statements for a sole trader.