Tips on Accounting: Grade11
Set a higher % goal, change your mindset, and Relax.
1. Know your formats;
Partnerships- Statement of Comprehensive
Income, Statement of Balance sheet.
Clubs- Statement of Comprehensive Income,
Statement of Balance sheet.
GAAP principle
Manufacturing assets
Cash flow statement
Fixed assets
2. Timeline; must be able to draw it.
3. Know your differences in Creditors and
DEBTORS
4. Theory