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SACE 2 Year 12

Accounting Workbook

$53.00 inc. GST
SKU: S2ACCWK
Sixth Edition
Year 12 Publication
ISBN: 978-1-925505-12-2
Authors:
  • Andrea Sarantaugas 
  • Ruta Sih 
Pages:
278

The Essentials Workbooks and Key Ideas Textbooks are designed to support the teaching of SACE stage 1 and 2 subjects in South Australia. The SACE 2 Accounting Workbook is designed to meet the Subject Outline requirements of the SACE Stage 2 Accounting course.

The Essentials Accounting Workbook Sixth Edition provides a concise summary of key ideas combined with carefully graded exercises which further summarise the concept path running through each topic.

 

Table of Contents

  • 1. The Role of Accounting
    • Accounting Information
    • Functions of Accounting
    • Users of Accounting Information
    • Decision Making
    • The Decision Making Process
    • Influences on Accounting Information
    • Questions
  • 2. Accounting Entities
    • Types of Accounting Entities
    • Questions
  • 3. The Accounting Process
    • Monetary Unit Concept
    • The Accounting Process Illustrated
    • Other Methods of Describing the Accounting Process
    • Questions
  • 4. The Balance Sheet
    • Accounting Concepts
    • The Balance Sheet
    • Classification in the Balance Sheet
    • Presentation of the Balance Sheet
    • Valuation of Assets
    • Analysis and Interpretation of the Balance Sheet
    • Reports for different Accounting Entities
    • Questions
  • 5. The Income Statement
    • The Income Statement
    • Classification within the Income Statement
    • Links between Financial Reports
    • Analysis and Interpretation of the Income Statement
    • Questions
  • 6.Double Entry Process
    • General Ledger
    • The Principle of Double Entry
    • Balancing Accounts
    • The Trial Balance
    • Questions
  • 7. The Journals
    • Types of Journals
    • Sample exercise
    • The General Journal
    • Questions
  • 8. Balance Day Adjustments
    • What are Balance Day Adjustments?
    • Closing Stock/Inventory
    • Unused Stocks of Items other than Stock for Resale
    • Depreciation
    • Accruals and Prepayments
    • Bad Debts and Allowance for Doubtful Debts
    • Questions
  • 9. Statement of Cash Flows
    • What is a Statement of Cash Flows?
    • Classification of the Statement of Cash Flows
    • Completing a Statement of Cash Flows
    • Analysis of a Statement of Cash Flows
    • Links between Financial Reports
    • Questions
  • 10. Sources of Finance
    • The Importance of Finance to a Business
    • Factors to Consider when Borrowing Funds
    • Sources of Finance available to Small Business
    • Questions
  • 11. Control of Cash
    • Cash Budgets
    • Other Budgets
    • Break-Even Analysis
    • Bank Reconciliation
    • Questions
  • 12. Inventory Control
    • The Nature of Inventories
    • The Perpetual Inventory System
    • Stockcards and Bases of Inventory Valuation
    • The Management of Stock
    • Questions
  • 13. Control of Debtors
    • Purposes and Types of Subsidiary Ledgers
    • Questions
  • 14. Technological, Social and Ethical Issues
    • Use of Computers in Accounting
    • Ethical and Social Issues
  • 15. Assessing Performance and Report Writing
    • Assessment of Performance
    • Limitations of Financial Accounting Reports
    • Report Writing
    • Questions
  • Suggested Answers