Topics for Principles of Accounts - 11
Understand the significance of control accounts in accounting. Explore their purpose, sources of information, and various types. Learn how to prepare control accounts to check for arithmetical errors. Take our quiz to become proficient in Control Accounts in Principles of Accounts!
Discover the various types of accounts associated with non-profit making organizations. Understand the structure of accounts for entities focused on social or community benefit. Take our quiz to enhance your grasp of accounting for non-profit organizations in Principles of Accounts!
Learn to prepare the financial records of non-profit making organizations, including Receipts and Payments, Income and Expenditure (Surplus/Deficit), Trading Accounts (Gross Profit/Loss), Profit and Loss Account (Net Profit/Loss), and Balance Sheet (Accumulated Fund). Take our quiz to become proficient in accounting for non-profit organizations in Principles of Accounts!