Accounting for Accounting Students - Year 11 & 12 (2011)
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Year 11
Weekly Quiz
ALORE Explained
Assessment
Financial Statements
>
Balance Sheet
Income Statement
Semester 1 Planner
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Term 1
>
Core Studies 1
Core Studies 2
Term 2
>
Accounting for Non-Current Assets
Budgeting (Spreadsheeting)
Accrual Accounting
Assignment Submission
Year 12
Weekly Quiz
Assessment
Sharemarket Game
Financial Statements
>
Balance Sheet
Income Statement
Cash Flow Statement
Semester 1 Planner
>
Term 1
>
Accounting for Cash
Cash Flow Statements
Analysis of Financial Reports
Term 2
>
Internal Controls
Integrated Accounting Package
Investigation
Assignment Submission
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Year 11 2011 : Weekly Quiz - Week 1
Name
*
First
Last
What does the A in ALORE mean?
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Asset
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Accounting
ALORE
When making a cash purchase, you must always:
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Debit cash at bank
Credit cash at bank
Debit owners equity
Credit owners equity
An expense is NOT:
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A consumable
An electricity bill
A rates notice
A weekly salary
Operating expenses
Greater than $100,000
Which of the following is considered to be part of owners equity?
*
Shareholders investments
Owners capital
Electricity Bill
Net Profit
Cash at Bank
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