BOOK KEEPING O LEVEL(FORM TWO) NOTES – BOOK OF PRIME ENTRY(2)
POSTING THE SALES JOURNAL TO THE LEDGERWhen the sales day book is posted to the ledger each customer is debited with the goods which has
BOOK KEEPING O LEVEL(FORM TWO) NOTES – BOOK OF PRIME ENTRY-2
BOOK OF PRIME ENTRY-2Solution.QN2 PURCHASES DAY BOOK/ PURCHASES JOURNAL DATEPARTICULARSFINVOICE DETAILSINVOICE TOTAL1st May4th May 8th May15th May 26th May30th MayNATIONAL DISTRIBUTORS LTD– 10 bags of
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Introduction of Book KeepingBook keeping: can be defined as the art of recording financial business transactions in a set of books in terms of money
BOOK KEEPING O LEVEL(FORM FOUR) NOTES – BILL OF EXCHANGE
BILL OF EXCHANGE Bill of exchange is legally defined as an unconditional order in writing addressed by one person to another, signed by the person
BOOK KEEPING O LEVEL(FORM TWO) NOTES – BOOK OF PRIME ENTRY-2
BOOK OF PRIME ENTRY-2Solution.QN2 PURCHASES DAY BOOK/ PURCHASES JOURNAL DATEPARTICULARSFINVOICE DETAILSINVOICE TOTAL1st May4th May 8th May15th May 26th May30th MayNATIONAL DISTRIBUTORS LTD– 10 bags of
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ACCOUNT OF NON –TRADING ORGANIZATIONNON –TRADING ORGANIZATIONNon trading organizations are those organizations which their main purpose is not to make profit but to provide services
BOOK KEEPING O LEVEL(FORM THREE) NOTES – DEPRECIATION OF FIXED ASSETS-2
DEPRECIATION OF FIXED ASSETS-2THE PROVISION FOR DEPRECIATIONSPECIMEN QUESTIONOn 1st January 1998, a company purchased a motor van at a cost of Tshs 160,000. It was
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PROVISIONSBAD DEBTS AND PROVISION FOR BAD DEBTS / PROVISION FOR DOUBTFUL DEBTSIf a firm finds it is impossible to collect a debt, that should be