Accounting Grade 11 is one of the titles in the Save Buk series specially written for PNG Upper Secondary courses at Grades 11 & 12.

This book gives students concise coverage of the information needed to successfully complete the Grade 11 Accounting course. The order of Units in the book follows the order of Units in the Accounting Grade 11 syllabus exactly:

Unit 11.1 Single Entry Accounting

Unit 11.2 Petty Cash

Unit 11.3 Introduction to Accounting

Unit 11.4 Double Entry Accounting

This book is written in a manner that best develops an overall understanding of the Accounting concepts and processes set out in the syllabus. The Glossary/Index at the end of the book, explains the specific terminology that students need for the study of Accounting.

Unit 11.1 Single Entry Accounting                                                

Topic 1: Bookkeeping in small business                                                                                                            

Topic 2: Taking stock                                                                                       

Topic 3: Buying and selling goods on credit

Topic 4: Calculating and preparing a profit and loss statement

Topic 5: Income Statement for a service business

Topic 6: More about profit and loss statements

Topic 7: Bank accounts – cheques and bank statements

Topic 8: Bank accounts – cash systems and bank reconciliations

Topic 9: More about bank reconciliations

Unit 11.2 Petty Cash                                                            

Topic 1: Introduction to petty cash                                            

Topic 2: More about cash, control and accounting systems                                                                    

Topic 3: Recording petty cash transactions                                                       

Unit 11.3 Introduction to Accounting                                                        

Topic 1: The nature of accounting and the entity concept                                                                                               

Topic 2: Functions of accounting                                                                                  

Topic 3: The accounting equation, Statement of Cash Flows and the Balance Sheet                                            

Topic 4: The accounting equation and the Income Statement                                          

Topic 5: Balance sheet – review and extension

Topic 6: Personal accounting (enrichment)

Topic 7: Business organisation – types of ownership

Unit 11.4 Double Entry Accounting                                                                       

Topic 1: Ledger accounts                                             

Topic 2: Accounting rules                                                                     

Topic 3: Accounting rules – review and extension

Topic 4: Analysis of transactions

Topic 5: Balancing ledger accounts

Topic 6: Trial Balance

Appendix

Presentation of financial statements                                                                                                      

Answers

Glossary/Index