Having trouble scoring for the SBQ section? This is one of the easiest places to gain 7 marks but often I see students only getting 4 which is kind of sad. Often students
Unlike the rest of the world, accountants live by a different set of rules. Once of those rules will dictate much of your school life:
THE ACCRUAL BASIS OF ACCOUNTING
If I had
Heya students, here's a quick checklist for income and expenses that you need to be able to answer in order to score well for these 2 chapters :)
Do I know enough
What are the main transactions we can assess you on?
1. How to assess the value of a NCA (what should we add on to the base cost?)
2. The 2 basic equations