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Of course – our lectures are all about producing the financial statements!
Our free lectures are a complete course for Paper F3 and cover everything you need to be able to pass the exam well.
Where is the discussion of final accounts? I have studied from your lectures as well as from lsbf but until now know word of final accounts encountered so far
The ‘final accounts’ is not a standard term, but refers to the financial statements that are prepared at the end of the period – the Statement of financial position and the Statement of profit and loss.
They are explained for a sole trader in one of the early chapters, and they are explained for limited companies in the chapter on limited companies.
In order to be able to prepare them it needs the double entry recording and the adjustments at the end of the year for accruals and prepayment, depreciation etc..
That is what all the lectures are dealing with!!Well i already know all these tthing like depreciation e.t.c also limited company F.S. Is there any topic regarding incomplete records , well there is markup margin topic in your lectures but there are other methods also using ledger accounts e.t.c
Incomplete records are not in fact a separate topic.
It is being able to deal with mark-ups and margins, being able to correct errors (suspense accounts), being able to deal with control accounts and double entry in general.All of these are covered in detail in our lectures.
Our lectures are a complete course for Paper F3. If you watch them in order (with our free lectures) then you will have everything you need to be able to pass the exam well.
Its deals with things such as to find missing figures such as credit sales and purchases and other records which business don’thave using method such as ledger accounts and other methods also which i want to study
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