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Alternative Plan for 5 th Year Accounting Maura Fehily

Alternative Plan for 5 th Year Accounting Maura Fehily. K W L. 3 rd Year Students T/Y Students.

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Alternative Plan for 5 th Year Accounting Maura Fehily

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  1. Alternative Plan for 5th Year AccountingMaura Fehily

  2. K W L

  3. 3rd Year StudentsT/Y Students

  4. Alternative Plan( Use the hyperlink plans)Double Entry/Trial BalanceTrading, Profit & Loss and Balance SheetIncomplete RecordsService a/cClub a/cDepreciationBank ReconciliationControl a/c

  5. What is a transaction?

  6. 2 PEOPLE INVOVEDRECEIVER GIVER

  7. Debit CreditRECEIVER GIVER

  8. 5th Year Worksheet September 20141. Sold goods for 200€ cash Debit________ Credit________2 Bought goods for 2,000€ bank Debit________ Credit________3 Purchased goods on credit 2,100€ from Mary Murphy Debit________ Credit________4 Purchased goods on credit 6,200€ from Sophie O’Brien Debit________ Credit________5 Sold goods for 1,200€ on Credit to Pat Dunne Debit________ Credit________

  9. sport

  10. Similarities Club/Service/BusinessAccumulated Fund/CapitalCash/BankFinal Accounts

  11. AdjustmentsExpense a/c (Stationary a/c)

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