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Syllabus C1. Double-Entry Book-Keeping Principles - Part 3 4 / 4

d) Understand and apply the accounting equation.

e) Understand how the accounting system contributes to providing useful accounting information and complies with organisational policies and deadlines.

f) Identify the main types of business transactions e.g. sales, purchases, payments, receipts.
Double-Entry Book-Keeping Principles - Part 3