ACCOUNTANCY A LEVEL(FORM SIX) NOTES – MODE OF PAYMENT(2)
Mode of Payment(i) Cash paid to all partners outside the business or paid privately.(ii) Cash paid through the firm or business; such cash may be:Raised
ACCOUNTANCY A LEVEL(FORM SIX) NOTES – STOCK VALUATION
STOCK VALUATIONConcept;Stock/inventoryThe Tanzania statement of Accounting Guidelines No 2 which deals with the valuation of inventories in the context of the historical cost system states
ACCOUNTANCY 6 – COMPANY ACCOUNT 1.3
TRUSTEEThe Debenture Deed will appoint a trustee for the debenture holders whose work is to safe guard the interest of the debenture holders. On the
ACCOUNTANCY A LEVEL(FORM SIX) NOTES – PAYROLL ACCOUNTING/EMPLOYEES PAY(5)
PAYROLL ACCOUNTING/EMPLOYEES PAYAll business entities have to pay employee’s for the services. An employee is the one who perform services, subject to the supervision and
ACCOUNTANCY A LEVEL(FORM SIX) NOTES – RETIREMENT OF A PARTNER:(3)
Retirement of a Partner:We have discussed the accountancy problems that arise on admission of a new partner.In this chapter, we shall look at the problems
ACCOUNTANCY As LEVEL(FORM FIVE) NOTES – RESERVES AND PROVISIONS (3)
RESERVES AND PROVISIONS INTRODUCTION:Any business firm must have an asset in conducting its activities.Assets are the possessions of the business.They are things of value that
ACCOUNTANCY A LEVEL(FORM SIX) NOTES – PARTNERSHIP ACCOUNTING(1)
PARTNERSHIP ACCOUNTINGA. PARTNERSHIPWHAT IS IT? A partnership is a relationship between persons who have agreed to share the profit and loss of the business carried
ACCOUNTANCY A LEVEL(FORM SIX) NOTES – COMPANY ACCOUNT 1.6
(iv) Insurance Policy Method:Instead of investing the sum in securities, the same is paid by way of an insurance premium to an insurance company which