The Best Accounts O Level Notes, Revision Guides, Tips and Websites compiled from all around the world at one place for your ease so you can prepare for your tests and examinations with the satisfaction that you have the best resources available to you.
The syllabus covers basic principles of accounting, developing both a knowledge of the subject and encouraging understanding, analysis and evaluation. Learners cover topics such as double-entry bookkeeping, the cash book, general journal and ledger, and how to make a trial balance.
Learners also consider issues such as capital and revenue expenditure, adjustments to ledger accounts, the correction of errors, control accounts, and the purchase of a business. The syllabus is wide-ranging and also covers topics such as balance sheets, the operation of partnerships, selected ratios and the preparation of final accounts.
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