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Resource Details

Resource Name:

Resource Description:

This resouce explains the Accounting cycle and process, i.e. the Source documents, analysis of transactions, rcording transactions in the Subsidiary Journals, Posting the information from the subsidiary journal to the ledger, the Trial balance and the Financial Statements.

Resource Status:

Approved Resources

Resource Tags:

posting to the ledger
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Resource Type:

Teacher Guide

Resource Media Type:

doc

Resource Licencing Condition:

Creative Commons: Attribution- Share Alike

Resource Language:

English

Teacher Context:

This document was written to assist learners in the recording of information in Accounting books. Learners can use the document to complete the project.

Curriculum Links

Learning Level / Learning Area

South African Education Sectors

SA Schools

Further Education and Training

Grade 10

Accounting

Outcomes / Assessments

Outcomes

ACC.LO1(FET)

Demonstrate knowledge, understanding and the application of financial information according to generally accepted accounting practice and concepts.

AS10.1.2

Within the context of the accounting cycle, identify and complete source documents, record the information in the subsidiary journals (books of first entry), post to the ledgers and draw up the trial balance of a sole trader manually and/or by using an accounting package.