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Type: Glossary
(also called book of first entry, journal or subsidiary book) book in which the business...
Grade 12
Type: Study Card
Tangible assets are the assets of a business that you can physically see. Examples of tangible...
Type: Glossary
document containing details of goods purchased or services provided and including the VAT amount...
Grade 12
Type: Study Card
The auditor's report is complied by independent external auditors and is given to the...
Grade 12
Type: Study Card
The business entity concept is based on the assumption that the business will continue to trade...
Grade 12
Type: Study Card
The cash flow statement consists of operating activities, investing activities and financing...