StudyPath

ACC111 Principles of Accounting

ND1 levelLaw14 topics

ACC111 covers 14 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 of accounting
  2. Accounting principles
  3. Role of accounting in an enterprise
  4. Significance of accounting activities
  5. Principle of double entry
  6. Ledger entries: debit and credit
  7. Capital and revenue items
  8. Classification of capital and revenue items
  9. Accounting treatment of capital and revenue items
  10. Books of original entry
  11. Cash book
  12. Returns outwards book
  13. Petty cash book
  14. Imprest system

A sample from this course

One topic, as StudyPath teaches it.

History of accounting

The History of Accounting traces the evolution of accounting practices from ancient record‑keeping systems to modern double‑entry bookkeeping. Mastery of this topic is essential for the exam because it provides context for why current accounting principles exist, highlights key milestones that shaped the profession, and helps students understand the rationale behind certain conventions.

What you get for ACC111