BA3 Exam Dumps : Fundamentals of financial accounting

Depreciation on plant and machinery

Expenditure on heat and light

Repayment of bank loan

Payment of dividends

Using the wrong amount when recording a transaction

Recording a transaction in the wrong type of account

A transaction recorded twice in the ledger accounts

Recording a transaction in the wrong ledger account

To control the assets, liabilities and performance of the entity

To calculate taxation due to the tax authority

To record, categories and summaries business transactions

To provide useful information to users