BAC211_Principles of Accounts I Module(1of2).pdf - BCM 211...

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BCM 211 MODULEPRINCIPLES OF ACCOUNTING IBCM 211Mulungushi UniversityInstitute of Distance Education
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/Intermediate-Accounting-Reporting-and-Analysis-3rd-Edition-9781337788281-780/
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Chapter 2 / Exercise 2-9
Intermediate Accounting: Reporting and Analysis
Jones/Wahlen
Expert Verified
Copyright©2010 Mulungushi UniversityALL COPYING RESERVED. No part of this module may be reproduced, stored in any retrievalsystem, transmitted in any form or by any means, electronic, recording, mechanical, photocopying orotherwise, without prior written permission of Mulungushi University.Mulungushi UniversityInstitute of Distance EducationKabwe Town CampusInstitute of Distance EducationP.O Box 80415Tel: +260 215 223750Fax: +260 215 224637Email: [email protected]Website:
AcknowledgementsThe Mulungushi University and Institute of Distance Education in particular wishes to thank thosebelow for their contribution to this BCM 211 Module:Moulen SiameLecturerStephen ChibangulaLecturerDr. John SimwingaEditorEstella Mulenda ChaliEditorAllan KasongoEditorOakinah Mutinta MweembeIDEMutinta MwananimbweIDE
PRINCIPLES OF ACCOUNTING IContentsAbout this module1How this module is structured.......................................................................................1Course overview3Welcome to Principles of Accounting............................................................................3Course outcomes..........................................................................................................3Timeframe.....................................................................................................................3Study skills....................................................................................................................3Need help?....................................................................................................................5Assignments..................................................................................................................5Assessments.................................................................................................................5Getting around this module6Margin icons..................................................................................................................6Unit 17General Framework of Accounting................................................................................7Introduction..........................................................................................................7What is Accounting..............................................................................................7Accounting Systems and Records....................................................................111Unit summary..............................................................................................................14Assignment.................................................................................................................14Assessment.................................................................................................................15Unit 2176Doube Entry Book Keeping and Accounting System...................................................17Introduction........................................................................................................17Double Entry Book Keeping…………………………………………………………..16Books of Prime Entry…………………………………………………………………..18Petty Cash Book………………………………………………………………………..26Control Accounts………………………………………………………………………..30Bank Reconciliations…………………………………………………………………...31Trial Balance……………………………………………………………………………34Unit summary..............................................................................................................40Assignment.................................................................................................................40Assessment...............................................................................................................433Unit 3444Financial Statements of Sole Traders........................................................................444Introduction......................................................................................................444Trading Profit and Loss Account……………………………………………………..44
PRINCIPLES OF ACCOUNTING IBalance Sheet…………………………………………………………………………46Adjustments.......................................................................................................50Unit summary............................................................................................................588Assignment...............................................................................................................588Assessment.................................................................................................................60Reference
PRINCIPLES OF ACCOUNTING I1About this BCM 211 ModulePrinciples of Accounting Module been produced by Mulungushi University. All Modulesproduced by Mulungushi University are structured in the same way, as outlined below.How this Module is structuredThe course overviewThe course overview gives you a general introduction to the course. Information contained inthe course overview will help you determine:If the course is suitable for you.

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Term
Fall
Professor
mr deressa
Tags
1981, 1944, January, 1990
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Intermediate Accounting: Reporting and Analysis
The document you are viewing contains questions related to this textbook.
Chapter 2 / Exercise 2-9
Intermediate Accounting: Reporting and Analysis
Jones/Wahlen
Expert Verified

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