Cambridge O Level7707

Accounting Notes

Free chapter notes for Cambridge O Level Accounting 7707 (identical syllabus & papers to IGCSE 0452). Read any chapter online, then practise with the member Workbook and revise with Chapter at a Glance.

Chapter 1Free

The purpose of accounting

Covers: The purpose of accounting, The accounting equation

NotesWorkbookAt a Glance

Chapter 2Free

The double entry system of book-keeping

Covers: The double entry system of book-keeping, Business documents, Books of prime entry

NotesWorkbookAt a Glance

Chapter 3Free

The trial balance

Covers: The trial balance, Corrections of errors, Bank reconciliation, Control accounts

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Chapter 4Free

Capital and revenue expenditure and receipts

Covers: Capital and revenue expenditure and receipts, Accounting for depreciation and disposal of non-current assets, Other payables and other receivables, Irrecoverable debts and allowance for irrecoverable debts, Valuation of inventory

NotesWorkbookAt a Glance

Chapter 5Free

Sole traders

Covers: Sole traders, Partnerships, Limited companies, Manufacturing accounts, Clubs and societies, Incomplete records

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Chapter 6Free

Calculation and understanding of accounting ratios

Covers: Calculation and understanding of accounting ratios, Interpretation of accounting ratios, Inter-business comparison, Interested parties, Limitations of accounting statements

NotesWorkbookAt a Glance

Chapter 7Free

Accounting concepts

Covers: Accounting concepts, Ethical considerations, Technology and sustainability

NotesWorkbookAt a Glance