Accounting
Financial Accounting:
Ledger Account Pack
[INTERMEDIATE 1;
INTERMEDIATE 2;
HIGHER]
Dorothy Brown
abc
Acknowledgement
Learning and Teaching Scotland gratefully acknowledge this contribution to the National
Qualifications support programme for Accounting and Finance.
First published 2004
© Learning and Teaching Scotland 2004
This publication may be reproduced in whole or in part for educational purposes by
educational establishments in Scotland provided that no profit accrues at any stage.
ISBN 1 84399 002 4
CONTENTS
Section 1: Theory note on the ledger
1
Section 2: Trial balance; recording opening balances
11
Section 3: VAT in the accounts
27
Section 4: Exercises: preparing accounts from documents
35
Section 5: Solutions to all exercises
55
LEDGER ACCOUNT PACK (INT 1, INT 2, H)
iii
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LEDGER ACCOUNT PACK (INT 1, INT 2, H)