91175 Accounting Processing Using Software - Home Use
91175 Accounting Processing Using Software - Home Use
LearnWell Digital
This version of the resource is for home use. Students work independently through the resource. If you are a teacher, you should purchase the school use version.
What you'll learn
This course covers the things you'll need to know and be able to do for Achievement Standard, 91175 (Accounting 2.2) Demonstrate understanding of accounting processing using accounting software.
In it you'll find answers to questions like:
- How do we prepare general journal entries for frequent transactions, such as cash receipts, cash payments and‚ cash and/or credit sales of inventory?
- How do we prepare general journal entries for infrequent transactions, such as inventory returns‚ sundry charges, purchase of an item of plant or equipment on credit, drawing of goods, inventory shortage and/or losses and correction of errors?
- How do we prepare general journal entries for complex transactions, such as‚ depreciation of an item of plant or equipment from the end of the last reporting‚ period to the date of disposal, disposal of an item of plant or equipment for more or less than the carrying‚ amount, correcting a complex error, where three accounts are affected, such as‚ a GST expense incorrectly entered in a non-GST expense account or vice versa, or cash drawings incorrectly entered as a GST expense?
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