CAPS ACC10 TERM 1 WEEK 5,6 and 7 – Bookkeeping of sole trader:
TOPIC – Financial Accounting of a sole trader
Definition and explanation of accounting concepts up to financial statements: sole trader; debit; credit; equity; capital; assets; liabilities; ledger; journal; profit; loss; Value Added Tax (VAT); income/revenue; expenses; final accounts; financial statements;
discounts; Accounting Cycle; Financial Accounting; Managerial
Accounting; perpetual inventory system.