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Accounting (Grade 11): High School Learning:Accounting Terms and Definition:
Introduction to Accounting:
Words Covered in the following presentation.
Transaction.
Account
Capital
Drawing
Liabilities (Current and Non current )
Asset (Fixed and current)
Tangible and Intangible assets.
Receipts(Capital )
Expenditure (Capital, Revenue and Deferred)

Transaction.
Account
Liabilities.
Current Liabilities.
Non-Current Liabilities.
Receipts- Capital Receipts and Revenue Receipts.

Expenditure- Capital,Revenue ,Defferred.

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