StudyPath

ACC 111 Principles of Accounts I

ND1 levelManagement & Administration15 topics

ACC 111 covers 15 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. History and development of accounting
  2. Principles, concepts and conventions of accounting
  3. Role of accounting in business
  4. Principles of double entry
  5. Capital and revenue items
  6. Books of original entry
  7. Ledger and posting
  8. Trial balance
  9. Errors and their identification
  10. Journal
  11. Bank reconciliation statement
  12. Depreciation
  13. Accruals and prepayments
  14. Control accounts
  15. Final accounts

A sample from this course

One topic, as StudyPath teaches it.

History and development of accounting

The History and Development of Accounting covers the evolution of accounting practices from ancient tally systems to modern financial reporting, highlighting key milestones such as the emergence of double‑entry bookkeeping, the codification of accounting standards, and the influence of regulatory bodies.

What you get for ACC 111