Demonstrate an understanding of basic accounting practice
Description
PURPOSE OF THE UNIT STANDARD |
A candidate credited with this general competence will be able to: demonstrate an understanding of basic accounting skills. |
Course Content
- no activity
Explain the cycle of recording transactions and relevant terminology
Recording transactions and relevant terminology
Understanding source documents
Understanding source documents
Explain the purpose of each subsidiary journal
Purpose of each subsidiary journal
Prepare subsidiary journals
Subsidiary journal
Post subsidiary journals to the general ledger
Post subsidiary journals to the general ledger
Prepare the final statements
Prepare the final statements
Learner Assessment
- no activity