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Level 3 Foundation Diploma in Accountancy

Midterm evaluation

AB303 · Maintaining Financial Records — Midterm

CourseAB303
Week8 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Midterm evaluation

  1. Midterm assessment of the criteria taught so far
  2. Individual feedback and targets

What you will be able to do

  • 1.1 Explain the principle that Capital = Assets – Liabilities.
  • 1.2 Demonstrate the use of the accounting equation.
  • 1.3 Outline the accounting concepts used when recording financial transactions.
  • 2.1 Outline the double-entry system of bookkeeping.
  • 2.2 Use the double-entry system of bookkeeping to process accounting data.
  • 2.3 Analyse the usefulness of the double-entry system of bookkeeping to process accounting data.
  • 2.4 Prepare a trial balance from given double-entry accounting data.

Activity

Midterm assessment task and individual feedback.

Study materials

The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.
Week 7Week 9
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Open this week in the portal
Course plan
  • Week 1: The Accounting Equation
  • Week 2: Fundamental Accounting Concepts
  • Week 3: Double-Entry Bookkeeping Principles
  • Week 4: Processing Double-Entry Transactions
  • Week 5: The Trial Balance
  • Week 6: Trade and Cash Discounts
  • Week 7: The Three-Column Cash Book: Structure and Purpose
  • Midterm: Midterm evaluation
  • Week 9: Preparing and Balancing the Three-Column Cash Book
  • Week 10: Bank Reconciliation Principles
  • Week 11: Preparing the Bank Reconciliation Statement
  • Week 12: Applying Maintaining Financial Records in practice: case st…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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