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Wednesday, 7 August 2013

Periodic Inventory System - Year-end Transactions

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This post looks at the year-end transactions under the Periodic inventory system. Click here for the regular transactions that occur during...
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Periodic Inventory System - Transactions during the year

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This post is suitable for Grades 11 and 12. It looks only at transactions during the year. For year-end transactions for the periodic inven...

GAAP concepts

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This post is appropriate for Grades 10 to 12 . GAAP concepts At school level we don't normally worry too much about GAAP concepts...

South African School Accounting: Fundamental Definitions

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These definitions are not usually required as such, but are of immense important for all grades. Fundamental Definitions in Accounting ...
Monday, 5 August 2013

South African School Accounting: Depreciation

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This section is suitable for Grades 10 through to 12. Depreciation Depreciatiarerrrrrrrrrrrrrrr is the loss of value of an asset ove...
Thursday, 1 August 2013

South African Grade 11 and 12 Accounting: Inventory Systems - Perpetual Inventory System

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The Perpetual Inventory System The perpetual inventory system  is a system of recording Trading Stock. This may sound quite complicated,...
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South African Grade 11 and 12 Accounting: Manufacturing Accounts - Production Cost Statement

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This post assumes that you are familiar with the ledger accounts of a manufacturing business. This post and this post look at the ledger ...
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