Home Tuition Scotland is Glasgow, North Lanarkshire, South Lanarkshire, East Renfrewshire, and Ayrshire’s largest home tuition provider.
Since 1994, we’ve been preparing Accounting students for Standard Grade Accounting exams, Intermediate Accounting exams, National 4 Accounting exams, National 5 Accounting exams and Higher Accounting exams.
Our expert Accounting tutors provide one-to-one Accounting tuition in your own home, at a price you can afford.
Please book today.
Bank Reconciliation Statements
Update the bank account and prepare a bank reconciliation statement taking into account:
bank charges
bank interest
standing order
direct debit
credit transfer
outstanding cheques
lodgements not recorded
Correction of errors in the bank account or bank reconciliation statement.
Features of ownership, funding, liability, management and control
Sole traders, partnerships, private and public limited companies and non profit-making organisations.
Identification of sources of finance available to business organisations.
Funding sources available to organisations:
internal sources — capital and retained profits
external sources — ordinary and preference share capital; loan capital; debentures, bank overdraft; leasing, government grants.
Funding sources available to a non-profit making organisation:
accumulated fund, surplus, loans
Documents involved in the formation of business organisations:
partnership agreement, including basic understanding of current partnership legislation
Memorandum of Association and Articles of Association for plc
Manufacturing Accounts
Preparation of Manufacturing Account to include:
Cost of direct materials consumed
Factory direct costs
Prime costs
Factory indirect costs/overheads
Work in progress valued at total cost
Factory cost of finished goods produced; transfer to trading account at factory cost
Final statements and balance sheets for all business organisations
Partnership, private limited company, public limited company.
Revenue and capital expenditure.
Preparation of trading, profit and loss and appropriation accounts in accordance with current accounting practice.
Adjustments at year end for
provisions for straight line depreciation
provision for doubtful debts
prepayments and accruals
interest on loans and debentures
corporation tax
Qualified Accounting teachers at all levels across the Glasgow, Lanarkshire, Renfrewshire and Ayrshire areas. Home Tuition Scotland can help your child achieve Accounting exam success at a price you can afford.
Please book today.
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