90978 Financial Statements - Sole Proprietor - School Use
90978 Financial Statements - Sole Proprietor - School Use
LearnWell Digital
This version of the resource is for school use. Teachers can facilitate, and load students from their class. If you are not using this resource in class, you should purchase the home use version.
Expired NCEA Achievement Standards
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This Digital Resource has less sophisticated functionality as it was one of the first we developed and is priced to reflect this.
What you'll learn
This course covers the things you'll need to know and be able to do for Achievement Standard, 90978 (Accounting 1.3) Prepare financial statements for sole properties.
Topics covered in this course include:
- The purpose of financial statements
- Classifying of accounts
- The differences between a service business and a retail (trading) business
- The Income Statement
- The Statement of Financial Position
- Depreciation
- Balance-day adjustments
- The cash budget.
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