ACCT1006 High Distinction (96) Full Comprehensive Notes (FULL MARKS in IST and Final Exam)

Description

With these notes, I achieved an easy High Distinction for ACCT1006 (including FULL MARKS in both IN-SEMESTER TEST AND FINAL EXAM). These notes are extremely comprehensive, and is structured topic by topic. I have particularly organized the concepts to aid memorization. Furthermore, I have broken down seemingly complex accounting jargons into much simpler everyday knowledge with plenty of easy examples to support understanding. Each key concept is structured as follows: 1. The sub-topic it falls under 2. Key definitions of terms and concept 3. Explanation of the concept with simple language, examples and diagrams (if applicable) 4. Extra personal tips/note ( links between concepts) *The notes are the result of all the readings, lecture notes, academic articles and others notes I was able to read. The topics are the examined area of ACCT1006 (from modules 1 to 12), including: - Module 1: Understanding accounting and the accounting process - Module 2: Accrual accounting - Module 3: Completing the accounting cycle - Module 4: Framework of accounting - Module 5: merchandising operations (part 1) - Module 6: merchandising operations (part 2) - Module 7: Accounting information systems and technology - Module 8: Receivables - Module 9: Non-current assets - Module 10: Liabilities and equity - Module 11: Cash flows (part 1) - Module 12: Cash flows (part 2)