The accounting cycle
Journal entries, ledgers, trial balance and adjustments.
Notes on every topic, journal entries worked line by line, and practice building the financial statements your exam asks for.
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Journal entries, ledgers, trial balance and adjustments.
Income statement, balance sheet and cash flows.
Receivables, inventory, depreciation and bonds.
Ratios and interpreting results.
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What you sit, how long it takes, and how it is marked.
Journal and adjusting entries.
Preparing and analysing statements.
For a free full textbook to go with your notes, see OpenStax Principles of Accounting.
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The mistakes that are specific to this exam, not generic study advice.
Debiting and crediting the wrong side.
Forgetting adjusting entries.
Misclassifying cash flows.
Not checking the balance sheet balances.
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