# Grade 12 Accounting Flashcards

> Spaced-repetition flashcards covering Grade 12 Accounting topics — definitions, formulas, and exam tips.

- Page: https://www.hlayiso.com/grade-12/accounting/flashcards
- Flashcard decks: 36
- Topics: 8

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## Flashcards by topic

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### Basic Accounting Concepts

- Basic Accounting Concepts — 15 cards
- Basic concepts — 15 cards
- Classification of accounts — 15 cards
- Rules of accounting — 15 cards
- Steps to recording transactions — 15 cards

### Companies

- Analysis and Interpretation of Financial Statements — 15 cards
- Cash Flow Statements — 15 cards
- Comments on the Audit Report — 15 cards
- Companies — 15 cards
- Company General Ledger Accounts — 15 cards
- Key Concepts and Definitions — 15 cards
- Preparation of Financial Statements — 15 cards

### Manufacturing

- Key concepts — 15 cards
- Manufacturing — 15 cards
- Production Cost Statement — 15 cards

### Budgets

- Analysis of cash budget — 15 cards
- Budgets — 15 cards
- Creditors’ payment schedule (creditors’ budget) — 15 cards
- Debtors’ collection schedule — 15 cards
- Key concepts — 15 cards

### Reconciliations

- Bank Reconciliation — 15 cards
- Creditors' Reconciliation — 15 cards
- Debtors' Age Analysis — 15 cards
- Debtors' Reconciliation — 15 cards
- Reconciliations — 15 cards

### Inventories

- Inventories — 15 cards
- Inventory systems — 15 cards
- Inventory valuation methods — 15 cards

### Value Added Tax (VAT)

- Value Added Tax (VAT) — 15 cards
- VAT calculations — 15 cards
- VAT Control Account — 15 cards

### Fixed Assets

- Asset Register — 15 cards
- Fixed Assets — 15 cards
- Introduction to Fixed Assets — 15 cards
- Note to the Balance Sheet and Asset disposal — 15 cards
- Residual value/called scrap value of R1 — 15 cards

## Frequently asked questions

### What are Hlayiso flashcards?

Short, spaced-repetition cards covering definitions, formulas, and key facts for Grade 12 Accounting.

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

Both. Hlayiso ships curated decks per Grade 12 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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