FINANCIAL ACCOUNTING

financial accounting chapter one part two

financial accounting chapter one part two

financial accounting chapter one part one

table of financial accounting

financial accounting chapter two part four trial balance

Tutorial Letter 101/3/2022 Selected Accounting Standards and Simple Group Structures FAC2602 Semesters 1 and 2 Department of Financial Accounting IMPORTANT INFORMATION Please register on myUnisa, activate your myLife e-mail account and make sure that you have regular access to the myUnisa module website, FAC2602-2022-S1/S2, as well as your group website. Note: This is a fully online module. It is, therefore, only available on MyUnisa. FAC2602 101 2022 FAC2602/101/3/2022 2 CONTENTS ...

Accounting ratios and its interpretation is about analysis, interpretation, accounting ratios, liquidity, current ratio, quick ratio, third liquidity ratio, debt to equity ratio, efficiency, rate of stock turnover, collection period for debtors, payment period for creditors, the gross profit margin, the net profit margin, return on capital employed and recommendations.

Accounting for depreciation is about significance of depreciation, methods of calculating depreciation, straight-line depreciation, straight-line method, declining-balance method, accounting entry, profits and losses on the disposal of non-current assets, disposals through the non current asset account and revalued amount.

Notes on Business Documentation is about definition of quotation, sales order, purchase order, goods received note, goods despatched note, credit note, debit note, remittance advice, receipt, statement of account and features of invoice.

Financial Accounting-Types of debts is about definition of bad debts, definition of doubtful debt, provisions for doubtful debts, difference between bad debts and provisions for doubtful debts, their importance, doubtful debt reserve, methods to account for bad debts, taxability, criteria for deduction, section 166 and mortgage bad debt.