# Grade 11 Accounting Flashcards

> Spaced-repetition flashcards covering Grade 11 Accounting topics — definitions, formulas, and exam tips.

- Page: https://www.hlayiso.com/grade-11/accounting/flashcards
- Flashcard decks: 32
- Topics: 8

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## Flashcards by topic

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### PARTNERSHIPS:

- Financial Indicators: Liquidity — 15 cards
- Financial Indicators: Profitability — 15 cards
- Financial Indicators: Solvency, Risk & Return — 15 cards
- Partnership Financial Statements — 15 cards

### FIXED ASSETS

- Depreciation — 15 cards
- Disposal of Fixed Assets — 15 cards
- Ethics & Internal Controls: Fixed Assets — 15 cards
- The Fixed Asset Register — 15 cards

### RECONCILIATION

- Bank Reconciliation Statements — 15 cards
- Creditors' Reconciliation — 15 cards
- Ethics & Internal Controls: Reconciliation — 15 cards

### VALUE ADDED TAX (VAT)

- Ethics & Internal Controls: VAT — 15 cards
- Introduction to VAT — 15 cards
- VAT Calculations — 15 cards
- VAT Concepts & Rates — 15 cards

### COST ACCOUNTING

- Break-Even Point — 15 cards
- Cost Concepts & Classifications — 15 cards
- Ethics & Internal Controls: Manufacturing — 15 cards
- Manufacturing Ledger Accounts — 15 cards

### FINANCIAL ACCOUNTING OF PARTNERSHIPS

- Appropriation & Profit Distribution — 15 cards
- IFRS and GAAP Principles — 15 cards
- Introduction to Partnerships — 15 cards
- Partnership Accounting Cycle — 15 cards
- Reversal of Year-End Adjustments — 15 cards
- Year-End Adjustments — 15 cards

### INVENTORY SYSTEMS

- Calculating Cost of Sales & Gross Profit — 15 cards
- Ethics & Internal Controls: Stock — 15 cards
- Perpetual vs Periodic Stock Systems — 15 cards

### BUDGETING:

- Cash Budgets — 15 cards
- Ethics & Internal Controls: Budgeting — 15 cards
- Introduction to Budgeting — 15 cards
- Projected Income Statement — 15 cards

## Frequently asked questions

### What are Hlayiso flashcards?

Short, spaced-repetition cards covering definitions, formulas, and key facts for Grade 11 Accounting.

### Are the cards pre-made or do I make them?

Both. Hlayiso ships curated decks per Grade 11 Accounting topic, and you can create your own decks to share or revise privately.

### How does spaced repetition work?

Cards you get right are shown less often; cards you struggle with come back sooner. Over a few sessions you end up remembering the hard stuff.

### Can I study offline?

The Hlayiso app keeps your active decks on your device, so you can review without a connection.

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