Public learning track
Books of Prime Entry and the Double-Entry Ledger
7 lessons
Goal
Record transactions from source documents through subsidiary books of prime entry into nominal ledger accounts and extract a trial balance.
Featured Diagrams
Source Documents in Accounting: Invoices, Credit Notes, and Payment Vouchers
7 lessons
0 of 7 done
- Source Documents in Accounting: Invoices, Credit Notes, and Payment VouchersUp next
- Recording in Specialist Day Books: Sales, Purchases, and Returns BooksNot started yet
- The Two-Column and Three-Column Cash Book with DiscountsNot started yet
- The General Journal: Non-Routine Transactions and Opening EntriesNot started yet
- Posting from Books of Prime Entry to the General LedgerNot started yet
- Balancing Ledger Accounts and Extracting the Trial BalanceNot started yet
- Double Entry Bookkeeping and the Trial BalanceNot started yet
Standards Covered
- ACC-3.1General Certificate of Education Advanced Level (UK A-Level) · Accounting · Year 13 (A2 Level) · Grade 11the double entry accounting system including: the recording of transactions from source documents in books of prime entry and ledger accounts; transferring accounts to income statements; balancing accounts and the preparation of statements of financial position
- ACC-3.4General Certificate of Education Advanced Level (UK A-Level) · Accounting · Year 13 (A2 Level) · Grade 11prepare and understand accounting records based on source documents and use the main subsidiary books and ledger accounts
Curriculum Framework
11th Grade · UK A-Level
1
7 lessons
Books of Prime Entry and the Double-Entry Ledger
Record transactions from source documents through subsidiary books of prime entry into nominal ledger accounts and extract a trial balance.
2
8 lessons
Ledger Adjustments and Financial Statements Preparation
Record year-end adjustments in ledger accounts, close nominal accounts, and prepare comprehensive financial statements across various business entities.