Topics for Principles of Accounts

Hello students!

I hope this blog will serve as an educational platform whereby you can get POA help instantaneously. I will be conducting mini classes in each blog post so stay tune for lessons and exclusive assignments that can help you achieve a distinction easily!

Summary of Principles of Accounts topics

1. Double entry rule
2. Classification of items in Assets, Liabilities, Equity, Income and Expense
3. Source document and books of original entries
4. Inventory
5. Bank reconciliation
6. Prepayments and Accruals
7. Allowance for impairment loss on Trade receivables
8. Sale of non-current assets
9. Correction of errors
10. Individual Trade receivables/Trade payables and Control Accounts
11. Limited company
12. Income statement and balance sheet (with adjustments)
13. Accounting concepts
14. Incomplete record
15. Financial analysis
16. Cash book
17. Trial balance

Essentially, these are all the topics that will be tested for GCE O Levels. I will be tackling each topic separately in different blog post and if you have any queries, do comment directly onto the blog post and I will revert back as soon as possible.