Learning objectives 3

1. Applyand explain the principles of double-entry bookkeeping

2. Preparenominal ledger accounts

3. Preparebookkeeping entries for income and expenditure

4. Preparebookkeeping entries for assets, liabilities and capital

Learning objectives 3a

1. Prepareand balance off ledger accounts
   

2. Preparethe trial balance}Identifyand prepare the entries to be made in the statement of profit or loss andstatement of financial position
   

3. Identifythe form and content of the trading account and the statement of profit or loss
   

4. Closeoff ledger accounts

Overview