Cambrige Notes: The contents of a Balance Sheet/Statement of Financial Position
Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: The contents of a Balance Sheet/Statement of Financial Position
January 2023
Cambrige Notes: Sole Trader: Simple Statement of Financial Position Example 1
Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Sole Trader: Simple Statement of Financial Position Example 1
- From the following trial balance of S Madondo, extracted after one year’s trading, prepare a trading and profit and loss account for the year ended 31 December 20X6 and a Statement of Financial Position as at 31 December 20×6
Inventory at 31 […]
Cambrige Notes: Sole Trader: Simple Statement of Financial Position Example 2
Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Sole Trader: Simple Statement of Financial Position Example 2
From the following trial balance of J Nhiwatiwa after his first year’s trading, you are required to
draw up a trading and profit and loss account (Income Statement) for the year ended 30 June 20X8 as well as Statement of Financial Position as at […]
Cambrige Notes: Sole Trader: Statement of Financial Position
Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Introduction to the Statement of Financial Position
- It is also used to be known as the Balance Sheet
- It is a statement of the assets, liabilities, and capital of a business at a particular point in time
- It is a financial snap shot of the business at a given point in […]
Cambrige Notes: The format of a Balance Sheet/Statement of Financial Position
Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: The format of a Balance Sheet/Statement of Financial Position
The Name of the Business(The Name of the Sole Trader is used in Sole Trader Businesses)
Statement of Financial Position as at 31 December 2016
- The name of the business is to be replaced by the name of the […]