Syllabus F6
Incomplete records 5 / 5
a) Understand and apply techniques used in incomplete record situations:
i) Use of accounting equation
ii) Use of ledger accounts to calculate missing figures
iii) Use of cash and/or bank summaries
iv) Use of profit percentages to calculate missing figures
Different techniques to find missing info
2:38
Accounting equation
1:09
Finding purchases using trade payables
2:44
Finding sales using control accounts
2:50
Finding sales using cash and trade receivables
2:43
Profit margin to calculate sales
2:13
COS using mark up
0:47
Reducing inventory levels
2:03
Inventory destroyed
2:27
Mock exam 1 Q25
0:58
Mock exam 1 Q26
0:48
Mock exam 1 Q45
1:09
Mock exam 2 Q11
1:35
Mock exam 2 Q12
0:33
Mock exam 2 Q13
0:49
Syllabus F6CBE Questions
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F. Preparing basic financial statements
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G. Preparing simple consolidated financial statements