Business Accounts
Learn how to prepare the various accounts for Sole Proprietor, Partnership, Limited Company, Manufacturing Accounts and Clubs and Societies Accounts.
All business accounts are broken into smaller topics and is taught separately to fully cover all aspects. To help students link all the accounts together, a fully explained solution is included in the lesson where I will go through all the calculation and accounting in one question.
Links between accounts are explained
Includes all journals and ledger accounts
Step-by-step explanation and guidance
Illustrated example to aid understanding
How to Prepare an Income Statement
Illustrative Example on Preparing an Income Statement
How to Prepare a Statement of Financial Position for Sole Proprietor
Illustrative Example on Preparing a Statement of Financial Position for Sole Proprietor
Drawings Account
Capital Account
How To Prepare A Partner's Capital Account
Calculating and Accounting for Interest on Capital
Calculating and Accounting for Partner's Drawings and Interest on Drawings
Calculating and Accounting for Loan from Partners and Interest on Loan
Accounting for Partner's Salary
FREE PREVIEWPreparing the Appropriation Account
How To Prepare A Partner's Current Account
Capital Structure of a Limited Company
Preparing the Statement of Changes in Equity
Final Statements of A Limited Company
Preparing the Receipt and Payment Account
Preparing the Subscription Account
Preparing the Income Statement for Cafe or Shop
Preparing the Income and Expenditure Account
Preparing the Statement of Financial Position
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