This week’s topics
Final assessment and submission
- Final coursework submission
- Assessment against all criteria
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.
- 3.1 Outline the purpose of the three-column cash book.
- 3.2 Differentiate between cash and trade discounts.
- 3.3 Explain the accounting treatment for cash and trade discounts.
- 3.4 Prepare a three-column cash book from given data.
- 4.1 Explain the purpose of a bank reconciliation statement.
- 4.2 Prepare a bank reconciliation statement from given data.
Activity
Final assessment week: submission of the unit assignment.
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.
