Bad and doubtful debts 02/11/11 and 04/11/11

• Writing off bad debts
• Using a bad debt account - and profit & loss and balance sheet extracts
• Making a provision for doubtful debts
• Using a provision for doubtful debts account - and profit & loss and balance sheet extracts

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpZDBiM2U3MWUtM2U0Yy00ODlmLTk5NzYtZGRlYmQ2YTJiZjMw&hl=en_US

• Recovery of bad debts

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpNDIwM2U4MjktODUzOC00NmIwLTkyNGQtNzIyZjhjOWE0ZmE0&hl=en_US

October half term revision solutions 21/10/11

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpNTIxMmM5ZjEtMWE2Ni00OWViLWI2NjQtOTU5OGQyZDM2Zjkz&hl=en_US

Depreciation - disposal 19/10/11

• Reminder of calculating profit/loss on disposal
• Disposal account

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpMmQ1NTQyNzUtYjdiMi00ZmVmLWEzY2YtNmE3M2ZlODZkYWI5&hl=en_US

Depreciation - account entry 12/10/11

• Provision for depreciation accounts
• Extracts of profit and loss accounts
• Extracts of balance sheets

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpYzFiYTBkY2MtZjU4NC00N2ZlLTljNzctNTNmZjNhNTc4ODU0&hl=en_US

Depreciation 07/10/11

• Discussion of terms; fixed asset, revenue expenditure, capital expenditure, infinite life, finite life
• Concept of depreciation
• Method 1 - straight line method
• Method 2 - reducing balance method
• Sale/disposal of fixed assets - profit/loss

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpMmI4NTUxNjUtZjljMy00MDc4LWE1MzktNGRlMzdiNTUyMmUx&hl=en_US

More three column cash book 05/10/11

• Continued to set up a three column cash book
• And post entries to other ledger accounts from the cash book
• A further example of the three column cash book

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpY2IxY2RiYTEtZmM5MC00ZWE3LWJjMDktZDNhYTBmOWMwYWY5&hl=en_US

Three column cash book 30/09/11

• Other ledger account from cash book
• Trade discount
• Cash discount
• Three column cash book

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpZDdkMjRlMTktMTZhNy00Zjk3LTlkZTgtY2E0Y2Y5ZmZhZGUx&hl=en_US

Two column cash book 28/09/11

• Extracting cash account and bank account from general ledger into Cash Book
• Layout of two column cash book
• Entering transactions into cash book
• Balancing the cash book
• Contra entries

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpNGZiZWE3ZTUtZjgyZS00MGI4LWFkZjEtMTI0YWNhYzE4NjAz&hl=en_US

Balancing double entry 21/09/11

• Recapping of previous work on double entry including homework
• Balancing accounts
• With narrative
• Extracting trial balance

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpZGQ3YjdlZTktMTcxZi00NzcxLWE1ZjctMDlmNDk0ZmQxM2Ji&hl=en_US

More double entry 14/09/11

• Revisiting concept of double entry
• Entering transactions in ledger accounts
• Defining Sales Ledger, Purchases Ledger, General Ledger
• Homework set from sheet handed out in lesson

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpYmM2NTE2MDYtNGRlMi00MGRlLWE4ZjItYjg3OTQ1ODQ2MTI2&hl=en_US

Intro to double entry bookkeeping 09/09/11

• Introduction to the double entry concept
• Defined Debit and Credit sides
• Defined Account and Ledger
• Defined Purchases and Sales
• Examples of entering transactions in the ledger

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpZDEwZTFiODYtZjYxZS00OGRkLWJhODQtNjU4YmE1OWNiNzBm&hl=en_US

Support for summer work

Here is some support for completion of the Maths skills part of the summer work:

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpYWQyYWQ1NWUtMzdhZC00ZWZlLWFjZDItNzdkYjI1NDgwMjk4&hl=en_US

Course info and summer work

Follow this link to the information sheet about A-Level Accounting at Welling School:
https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpMDRkYmE3MDUtOGJjOC00MDA0LWE5Y2MtM2RhMDU1ZjBlNmQ2&hl=en_US


And follow this link to the summer work that must be completed and handed in at the first A-Level Accounting lesson in September:
https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B2J1T-insOmpN2U2OTk1NjAtMzMwZC00Zjc1LWJhZjEtNjFjODk1OTgzY2Ex&hl=en_US