295 prompts matching "departmental and branch accounts"
Spot my mistake: Computing profit from closing capital alone without adjusting for drawings and fresh capital
Act as my SS3 Financial Accounting tutor. Write a short answer on computing profit from cl
Spot my mistake: Assuming government accounts set out to measure profit in the way a trading business does
Act as my SS3 Financial Accounting tutor. Write a short answer on assuming government acco
Spot my mistake: Proposing a dividend out of the share premium account
Act as my SS3 Financial Accounting tutor. Write a short answer on proposing a dividend out
Spot my mistake: Leaving a suspense account balance in the balance sheet as an asset once the errors behind it are known
Act as my SS3 Financial Accounting tutor. Write a short answer on leaving a suspense accou
Let me explain: The provision for depreciation account
I have just studied the provision for depreciation account in my SS3 Financial Accounting class. Let me explain it back to you in my own words, then tell me plainly what I got wrong or left out. Ask me one follow-up question afterwards to test whether I really understood it.
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Let me explain: The purchases ledger control account
I have just studied the purchases ledger control account in my SS3 Financial Accounting cl
Let me explain: The merits of computerised accounting
I have just studied the merits of computerised accounting in my SS3 Financial Accounting c
Let me explain: Clearing the suspense account as errors are found
I have just studied clearing the suspense account as errors are found in my SS3 Financial
Practice set: Posting transactions using double entry
Act as my SS3 Financial Accounting tutor. Give me five practice questions on posting trans
Practice set: Entering transactions in the right subsidiary book
Act as my SS3 Financial Accounting tutor. Give me five practice questions on entering tran
Teach me: How a trial balance is extracted
You are my personal SS3 Financial Accounting tutor. Teach me how a trial balance is extrac
Quiz: Why the two sides of a trial balance agree
Act as my SS3 Financial Accounting tutor and quiz me on why the two sides of a trial balan
Practice set: Preparing a bank reconciliation statement
Act as my SS3 Financial Accounting tutor. Give me five practice questions on preparing a b
Teach me: Errors that do not affect the trial balance
You are my personal SS3 Financial Accounting tutor. Teach me errors that do not affect the
Quiz: Errors that do affect the trial balance
Act as my SS3 Financial Accounting tutor and quiz me on errors that do affect the trial ba
WAEC prep: Journal entries to correct stated errors
Act as a WAEC/NECO Financial Accounting examiner. I am in SS 3. Set me five exam-style que
Practice set: Restating profit after correcting errors
Act as my SS3 Financial Accounting tutor. Give me five practice questions on restating pro
Teach me: The layout of a balance sheet
You are my personal SS3 Financial Accounting tutor. Teach me the layout of a balance sheet
Practice set: Computing a provision from given debtor figures
Act as my SS3 Financial Accounting tutor. Give me five practice questions on computing a p
Quiz: The causes of depreciation
Act as my SS3 Financial Accounting tutor and quiz me on the causes of depreciation. Ask fi