ACCT1000 - Introduction to Accounting Notes

Description

These notes are the lecture notes for chapter 1 to chapter 10, which are covered throughout the semester. Key words are bolded. Chapters covered: Week 1 - Chapter 1: Introduction to Accounting and Chapter 2: Management Decision Making Week 2 – Chapter 2: Management Decision Making: Capital Expenditure and Chapter 3: Special Order Week 3 – Chapter 4: Management Decision Making: Budgeting and Chapter 10: Cash Management Week 4 - Chapter 5: Business Sustainability Week 5 – Revision for mid-semester test Week 6 - Chapter 6: Accounting cycle I - Recording business transactions and accounting for service entities: Part A Week 7 – Chapter 6: Accounting cycle I - Recording business transactions and accounting for service entities: Part B Week 8 – Chapter 7: Accounting cycle II: Accounting for retail entities and GST Week 9 – Chapter 8: Accounting cycle III – End of period adjustments and closing entries Week 10 – Chapter 9: Financial statements of companies Week 11 – Chapter 10: Accounting information system and internal control I received an overall mark of 90% for this unit.