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