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Book Keeping Notes For Ordinary Level Form 1 - 4

BOOK KEEPING NOTES FOR ORDINARY LEVEL FORM 1 – 4

BOOK KEEPING NOTES FOR ORDINARY LEVEL FORM 1 – 4

Bookkeeping Study Notes | Form OneBookkeeping Study Notes | Bookkeeping Form Two Study Notes | Form Three Bookkeeping Study Notes | Form Four Study Notes Bookkeeping | Bookkeeping Study Notes For Ordinary Level All Subjects (Form 1 – 4) PDF Download Bookkeeping Study Notes PDF Free Download

Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations.

It involves preparing source documents for all transactions, operations, and other events of a business. Transactions include purchases, sales, receipts and payments by an individual person or an organization/corporation.

There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these may be viewed as “real” bookkeeping, any process for recording financial transactions is a bookkeeping process.

The person in an organisation who is employed to perform bookkeeping functions is usually called the bookkeeper (or book-keeper).

They usually write the daybooks (which contain records of sales, purchases, receipts, and payments), and document each financial transaction, whether cash or credit, into the correct daybook—that is, petty cash book, suppliers ledger, customer ledger, etc.—and the general ledger.

Read Also  HISTORY NOTES FOR ORDINARY LEVEL FORM 1 - 4

BOOK KEEPING NOTES FOR ORDINARY LEVEL FORM 1 – 4

Get free Biology Notes for form 1 – 4 from this post and other more secondary notes from our site

1. BOOK KEEPING FORM ONE NOTES 

2. BOOK KEEPING FORM TWO FULL NOTES

3. BOOK KEEPING FORM THREE FULL NOTES

4. BOOK KEEPING FORM FOUR NOTES ALL TOPICS

Thereafter, an accountant can create financial reports from the information recorded by the bookkeeper.

The bookkeeper brings the books to the trial balance stage, from which an accountant may prepare financial reports for the organisation, such as the income statement and balance sheet.

ADVANCED LEVEL FULL NOTES ON ALL SUBJECTS (FORM 5 AND 6)

ORDINARY LEVEL FORM 1 TO 4 FULL NOTES

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