Book Keeping O Level(Form Three) Book Keeping Olevel Notes Business Study Notes Form Three

BOOK KEEPING O LEVEL(FORM THREE) NOTES – ACCOUNT OF NON –TRADING ORGANIZATION

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) Book Keeping Olevel Notes Business Study Notes Form Three

BOOK KEEPING O LEVEL(FORM THREE) NOTES – MANUFACTURING ACCOUNT

MANUFACTURING ACCOUNTBusiness can be classified into two types, which are merchandising and manufacturing. Merchandising, this trading firm / business deals with the buying and selling

Book Keeping O Level(Form Three) Book Keeping Olevel Notes Business Study Notes Form Three

BOOK KEEPING O LEVEL(FORM THREE) NOTES – DEPRECIATION OF FIXED ASSETS-2

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

Book Keeping O Level(Form Three) Book Keeping Olevel Notes Business Study Notes Form Three

BOOK KEEPING O LEVEL(FORM THREE) NOTES – CONTROL ACCOUNT

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

Book Keeping O Level(Form Three) Book Keeping Olevel Notes Business Study Notes Form Three

BOOK KEEPING O LEVEL(FORM THREE) NOTES – ADJUSTMENT

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

Book Keeping O Level(Form Three) Book Keeping Olevel Notes Business Study Notes Form Three

BOOK KEEPING O LEVEL(FORM THREE) NOTES – DEPRECIATION OF FIXED ASSETS-1

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

Book Keeping O Level(Form Three) Book Keeping Olevel Notes Business Study Notes Form Three

BOOK KEEPING O LEVEL(FORM THREE) NOTES – PROVISIONS

PROVISIONSBAD DEBTS AND PROVISION FOR BAD DEBTS / PROVISION FOR DOUBTFUL DEBTS If a firm finds it is impossible to collect a debt that should