Bookkeeping Form Four Estimated reading: 2 minutes 148 views Bills Of ExchangeBills of ExchangeDefine a bill of exchangeExplain the nature of interest of a bill of exchangeAccount for bill receivedAccount for: Accrued interest; Default of bill; Default or dishonor; The discounting of a bill of exchangeAccount for a bill of exchange with interest charges included in the face amountDiscuss the concept of present value in accounting of a log-term bill of ExchangeJoint VenturesJoint VenturesDefine a joint ventureShow the joint venture accounts in the books of the partiesDetermine the profit or otherwise of the joint ventureConsignmentsConsigmentsShow the account in the consignors and consignee’s booksShow the transfer of the consignee’s and consignee’s accounts to the profit and Loss AccountPrepare the Accounts salesShow the consignment Inward Account in the book of the ConsigneePartnershipsPartnershipDescribe the basic characteristics of a partnershipExplain the importance of mutual agency and unlimited liability to a person about to become a partnerDiscuss the advantages and disadvantages of the partnership as a form of businessDistinguish between an ordinary partnership and limited partnershipAccount for the formation of a partnershipAllocate partnership earnings to partners: On a stated fractional basis; In the partners capital ratio and through the use of salary and interest allowancesAccount for the admission of new partnerDepartmental AccountsDepartmental AccountsDraw up the trading account for a departmental storeApportion the overheads expenses to departmentExplain the methods used in apportioning overhead expensesDraw the profit and loss account in columnar formDraw the departmental trading, profit and loss accountDraw a department balance sheetElements Of AuditingElements of AuditingDefine auditingExplain the main objects of auditingState the types of auditingGive the meaning of: Internal control; Internal check; Internal auditMention auditors working paperExplain the different types of auditors reports and opinionsArticlesTopicBills Of ExchangeJoint VenturesConsignmentsPartnershipsDepartmental AccountsElements Of AuditingTagged:Bookkeepingform 4Notes Bookkeeping - Previous Form Three Next - Bookkeeping Bookkeeping Syllabus Form 1-4