Intro to Digital Accounting in South Africa
Introduction to Accounting
6 Topics
Scenario A: Do I need Accounting?
What is accounting?
What is the difference between bookkeeping and accounting?
Career Option in Accounting
Reasons for Accounting’s existence
Case Study: Ma Joyce’s juicy vetkoek
Variation within Accounting
4 Topics
|
1 Quiz
Types of accounting
Scenario B
Scenario C
GAAP
Quiz part 1
Making sense of Debits and Credits
5 Topics
Chart of accounts
Simplifying debits and credits
A journal entry
Accounts Payable and Accounts Receivable
The difference between journals and ledgers
Starting with a statement
4 Topics
|
1 Quiz
Financial statements
Income statement
Balance sheet + changes in equity
Cash flow statement
Quiz part 2
Show me the money
4 Topics
Scenario D
Merchandise inventories
Cash Control
Payroll entry
It shouldn’t break unless it breaks even
3 Topics
|
1 Quiz
Depreciation
Break even point
Difference between gross profit and net profit
Quiz part 3
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The difference between journals and ledgers
Intro to Digital Accounting in South Africa
Making sense of Debits and Credits
The difference between journals and ledgers
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