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Financial Accounting

AI prompts for senior secondary learners.

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270 prompts matching "bad debts and provisions"

Let me explain: The petty cash book and the imprest system

I have just studied the petty cash book and the imprest system in my SS3 Financial Account

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WAEC prep: Discounts allowed and discounts received in the cash book

Act as a WAEC/NECO Financial Accounting examiner. I am in SS 3. Set me five exam-style que

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Practice set: Writing up and balancing an analytical cash book

Act as my SS3 Financial Accounting tutor. Give me five practice questions on writing up an

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WAEC prep: Unpresented cheques and uncredited lodgements

Act as a WAEC/NECO Financial Accounting examiner. I am in SS 3. Set me five exam-style que

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Let me explain: Opening a suspense account and clearing it

I have just studied opening a suspense account and clearing it in my SS3 Financial Account

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Teach me: The trading account and the calculation of gross profit

You are my personal SS3 Financial Accounting tutor. Teach me the trading account and the c

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Quiz: Cost of goods sold and how it is built up

Act as my SS3 Financial Accounting tutor and quiz me on cost of goods sold and how it is b

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Let me explain: The profit and loss account and net profit

I have just studied the profit and loss account and net profit in my SS3 Financial Account

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WAEC prep: Carriage inwards and carriage outwards and where each belongs

Act as a WAEC/NECO Financial Accounting examiner. I am in SS 3. Set me five exam-style que

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Practice set: Preparing a trading, profit and loss account from a trial balance

Act as my SS3 Financial Accounting tutor. Give me five practice questions on preparing a t

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Quiz: Fixed and current assets, and current and long-term liabilities

Act as my SS3 Financial Accounting tutor and quiz me on fixed and current assets, and curr

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Let me explain: Accruals and prepayments and how they are adjusted

I have just studied accruals and prepayments and how they are adjusted in my SS3 Financial

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WAEC prep: Closing stock and its treatment in the final accounts

Act as a WAEC/NECO Financial Accounting examiner. I am in SS 3. Set me five exam-style que

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Teach me: What depreciation is and why it is charged

You are my personal SS3 Financial Accounting tutor. Teach me what depreciation is and why

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Let me explain: The provision for depreciation account

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I have just studied the provision for depreciation account in my SS3 Financial Accounting class. Let me explain it back to you in my own words, then tell me plainly what I got wrong or left out. Ask me one follow-up question afterwards to test whether I really understood it.

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WAEC prep: Disposal of a fixed asset and the profit or loss on it

Act as a WAEC/NECO Financial Accounting examiner. I am in SS 3. Set me five exam-style que

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Teach me: What a reserve is and why a company creates one

You are my personal SS3 Financial Accounting tutor. Teach me what a reserve is and why a c

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Quiz: The general reserve and other revenue reserves

Act as my SS3 Financial Accounting tutor and quiz me on the general reserve and other reve

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Let me explain: The share premium and other capital reserves

I have just studied the share premium and other capital reserves in my SS3 Financial Accou

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Teach me: Prime cost and what makes it up

You are my personal SS3 Financial Accounting tutor. Teach me prime cost and what makes it

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