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    Recap Worksheet 1

    Uploaded by

    Manju Navani Pillai
    The document is a worksheet recapping accounting chapter 1 which includes defining bookkeeping and accounting, drawing an accounting rules grid showing accounts that increase or decrease, and analyzing transactions to identify which accounts will be debited and credited.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Recap Worksheet 1

    Uploaded by

    Manju Navani Pillai
    3 views2 pages
    The document is a worksheet recapping accounting chapter 1 which includes defining bookkeeping and accounting, drawing an accounting rules grid showing accounts that increase or decrease, and analyzing transactions to identify which accounts will be debited and credited.

    Original Title

    Recap worksheet 1

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    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    The document is a worksheet recapping accounting chapter 1 which includes defining bookkeeping and accounting, drawing an accounting rules grid showing accounts that increase or decrease, and analyzing transactions to identify which accounts will be debited and credited.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    3 views2 pages

    Recap Worksheet 1

    Uploaded by

    Manju Navani Pillai
    The document is a worksheet recapping accounting chapter 1 which includes defining bookkeeping and accounting, drawing an accounting rules grid showing accounts that increase or decrease, and analyzing transactions to identify which accounts will be debited and credited.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Accounting Chapter 1 Recap Worksheet

    1. Define Bookkeeping. 2 marks

    ______________________________________________________________________________

    ______________________________________________________________________________

    ______________________________________________________________________________

    ______________________________________________________________________________

    2. Define Accounting. 2 marks

    ______________________________________________________________________________

    ______________________________________________________________________________

    ______________________________________________________________________________

    ______________________________________________________________________________

    3. Draw the accounting rules grid (Increase/ Decrease) 5 marks


    Accounting Chapter 1 Recap Worksheet

    4. Analyze and identify which accounts will be debited and which ones will be
    credited. 3 marks

    Sr. Transaction type Item in focus Debit Credit


    No.
    Eg. Purchase of car Car
    1. Loan taken Loan
    2. Sold furniture Furniture
    3. Owner started Capital
    business with cash

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