4 Double Entry Recording - PRINCIPLES OF ACCOUNTS

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4.1 Basics 1: ACCOUNTING 101

4.1.1 The Report Books of A Business

4.2 Concepts

4.2.1 The Going Concern and Accounting Entities Concepts

4.2.2 Accrual Concept – The Thing that Makes POA Different from Math

4.2.3 Starting A Business That Lasts

4.3 Worked Example

4.3.1 The 3 Steps to Perfect Double Entries

4.3.2 Applying the 3 Steps of Double Entries

4.4 Practice Questions

Exercise (Downloads)

Homework Reviews

4.4.4 SET D 1 Topic

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4.5 BASICS 2: Contra and Multi-Accounts Double Entries

4.5.1 Contra-Accounts

4.5.2 Multi-Accounts: Sale of goods on credit

4.5.2B The Cost of Sales Account

4.5.3 Multi-Accounts: Return of goods from credit customers

4.5.4 Multi-Accounts: 3 Account Journal Entries

4.6 Transferring Journal Entries into Ledgers

4.6.1 Using the Pocket Money Account to Illustrate The Ledger

4.6.2 Transferring Bob’s House Everything Journal Entries to Ledger

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Course Includes

16 Lessons
1 Topic

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