Module 3

This module covers:

Cashflow statement v profit and loss

Trial Balance and Extended Trial Balance

Basic VAT

Accruals and Prepayments

Depreciation and Fixed Assets

Stocktakes

Capital Account

Balance Sheet




After completing this module you should be able to:

Have a basic understanding of VAT

Be able to calculate and post prepayments and accruals

Be able to calculate and post depreciation calculations

Understand fixed assets

Calculate a stocktake valuation

Understand a Capital Account

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