Book Keeping O Level(Form Three)
![](https://www.ecolebooks.com/wp-content/uploads/2023/05/book-keeping-o-levelform-three-notes-account-of-non-aetrading-organization.jpg)
BOOK KEEPING O LEVEL(FORM THREE) NOTES – ACCOUNT OF NON –TRADING ORGANIZATION
- By ecadmin
- . September 30, 2023
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
![](https://www.ecolebooks.com/wp-content/uploads/2023/05/book-keeping-o-levelform-three-notes-manufacturing-account.jpg)
BOOK KEEPING O LEVEL(FORM THREE) NOTES – MANUFACTURING ACCOUNT
- By ecadmin
- . September 30, 2023
MANUFACTURING ACCOUNTBusiness can be classified into two types, which are merchandising and manufacturing. Merchandising, this trading firm / business deals with the buying and selling
![](https://www.ecolebooks.com/wp-content/uploads/2023/05/book-keeping-o-levelform-three-notes-depreciation-of-fixed-assets-2-400x400.jpg)
BOOK KEEPING O LEVEL(FORM THREE) NOTES – DEPRECIATION OF FIXED ASSETS-2
- By ecadmin
- . September 30, 2023
DEPRECIATION OF FIXED ASSETS-2THE PROVISION FOR DEPRECIATION SPECIMEN QUESTION On 1st January 1998 a company purchased a motor van of cost of Tshs 160,000. It
![](https://www.ecolebooks.com/wp-content/uploads/2022/12/book-keeping-o-levelform-three-control-account_5178.png)
BOOK KEEPING O LEVEL(FORM THREE) NOTES – CONTROL ACCOUNT
- By ecadmin
- . September 30, 2023
CONTROL ACCOUNTDue to their small number of business transactions small firms can operate effectively with one ledger. Large business firms have a large number of
![](https://www.ecolebooks.com/wp-content/uploads/2023/05/book-keeping-o-levelform-three-notes-adjustment-400x400.jpg)
BOOK KEEPING O LEVEL(FORM THREE) NOTES – ADJUSTMENT
- By ecadmin
- . September 30, 2023
ADJUSTMENTYEAR END ADJUSTMENT Principles of Book keeping requires that all transactions made should be recorded at the time made should be recorded at the time
![](https://www.ecolebooks.com/wp-content/uploads/2023/05/book-keeping-o-levelform-three-notes-depreciation-of-fixed-assets-1-400x400.jpg)
BOOK KEEPING O LEVEL(FORM THREE) NOTES – DEPRECIATION OF FIXED ASSETS-1
- By ecadmin
- . September 30, 2023
DEPRECIATION OF FIXED ASSETS-1 DEPRECIATIAON Definition. Is the decrease in value of assets or is the fall of value of Assets.What factors causes Depreciation.1) Physical
![](https://www.ecolebooks.com/wp-content/uploads/2022/12/book-keeping-o-levelform-three-provisions_448.png)
BOOK KEEPING O LEVEL(FORM THREE) NOTES – PROVISIONS
- By ecadmin
- . September 30, 2023
PROVISIONSBAD DEBTS AND PROVISION FOR BAD DEBTS / PROVISION FOR DOUBTFUL DEBTS If a firm finds it is impossible to collect a debt that should