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Questions, Exercises and Problems in Financial Accounting
A concepts-based introduction
DL KOLITZ, G ADAMS, M KOLITZ & C SERVICE
This book of questions, exercises and problems has been prepared to accompany the textbook, A Concepts-based Introduction to Financial Accounting. The chapters in this book correspond to the chapters in the textbook for ease of reference when both books are used together. However, this question book can be used independently of A Concepts-based Introduction to Financial Accounting.
Each chapter is divided into a selection of questions, exercises and problems. The questions are multiple choice and ensure understanding of a topic before moving on to the exercises and problems. The exercises are generally shorter in length and less complex than the problems, and can be used to develop proficiency in a topic where students are expected to reach the standard of the problems. On the other hand, where the level of the course dictates, the problems can be ignored and the exercises used in their place. The problems are longer and more complex in nature, requiring an in-depth understanding of the topic. In addition, there are three revision sets (after chapters 10, 16 and 23) which provide comprehensive coverage of material covered in earlier chapters. These are also excellent exam preparation material.
The book and accompanying solutions are up-to-date with the latest requirements of International Financial Reporting Standards.
978 1 48512 950 9 978 1 48512 951 6 6e 2019
359 PAGES
ZAR R550.00 ZAR R496.00
CONTENTS
• The accounting environment
• The conceptual framework
• The accounting equation and the
analysis of transactions
• Recording external transactions
• Recording internal transactions
• Preparation of the financial
statements
• Closing entries
• Value-added tax
• Recording purchases and sales
• The analysis journals
• Revision set 1
• Property, plant and equipment
• Inventory
KEY FEATURES
• Accounts receivable
• Cash and bank
• Accounts payable
• Non-current liabilities and owners
equity
• Revision set 2
• Partnerships
• Companies
• Close corporations
• Statement of cash flow
• Analysis of financial statements • Non-business entities
• Incomplete records
• Revision set 3
• All journal entry account names now have a suffix: A (for asset), L (for liability), I (for income), E (for expense) and OE (for owners equity). This helps students to understand journal entries and constantly relate back to the conceptual underpinnings
• VAT implications are now included in the chapters on purchase and sale transactions, analysis journals inventory, PP&E, accounts receivable and accounts payable.
SUITABLE FOR
Students in introductory courses of financial accounting at universities and universities of technology.
JUTA ACCOUNTING CATALOGUE | 2018/2019
NEW EDITION
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