Accounting · Year 1 · Week 3
Accounting Standards & The Accounting Equation
- Strand
- Financial Accounting
- Sub-strand
- Financial Data Analysis
- Content standard
- Demonstrate knowledge and understanding in the application of double entry principles to record financial transactions
- Learning outcome
- Analyse and record financial transactions in the books of accounts using double-entry principles and extract a Trial Balance
- Learning indicator
- Compute the value of assets, liabilities and capital using the accounting equation
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