I have failed to plan. Thus I must learn from my mistakes and plan for Unit 4. I hear Unit 4 is just a continuation of Unit 3. GG. Any who, here are the chapters (only 7 in total compared to 12):
- Chapter 13 - Returns of Stock
- Chapter 14 - Stock Valuation
- Why would we need to value stock?
- Chapter 15 - Accounting for Non-current Assets
- Chapter 16 - Balance Day Adjustments - Revenues
- Chapter 17 - Budgets
- Budgeting ... oh help me lord
- Chapter 18 - Evaluating Profitability
- Dear me, a whole chapter dedicated for profitability - the ability of the business to earn profit, as compared against a base such as sales, assets or owner's equity
- Chapter 19 - Evaluating Liquidity
- Dear me, a whole chapter dedicated for liquidity- the ability of a business to meet its debts as they fall due
I must retain my
- Accounting principles and Qualitative characteristics
- Definitions of elements (A = L + Oe R, E)
- Accounting process
- Source Documents - Chq. butt, Cash receipt, Invoices, Memos
- Records - Ledgers, Journals (CRJ, CPJ, SJ, PJ, GJ), Stock cards
- GST
- Spec. journals (SJ, PJ, CRJ, CPJ) & General Journal
- Accounting for Stock
- Determining P&L & BDA
Maybe thats a bit too much. I will finish this wen I get bak from break.
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