Tag: BOOK KEEPING
BOOK KEEPING NOTES FOR ORDINARY LEVEL (FORM 1 – 4)
BOOK KEEPING NOTES FOR ORDINARY LEVEL (FORM 1 - 4)
Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations.
It...
Book Keeping Past Papers Form Four
Book Keeping Past Papers Form Four
Book Keeping National Examinations Past Papers for Form Four students in Tanzania.
Below is the list of form four national...
BOOK KEEPING FORM FOUR NOTES ALL TOPICS
BOOK KEEPING FORM FOUR NOTES ALL TOPICS
Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations.
It involves preparing source...
BOOK KEEPING FORM TWO FULL NOTES
BOOK KEEPING FORM TWO FULL NOTES
BOOK KEEPING FORM TWO FULL NOTES | BOOK KEEPING FULL NOTES | BOOK KEEPING O'LEVEL | FORM TWO FULL...
BOOK KEEPING FORM THREE FULL NOTES
BOOK KEEPING FORM THREE FULL NOTES
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...
BOOK KEEPING FORM ONE NOTES
BOOK KEEPING FORM ONE NOTES
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...
TOPIC 6: ELEMENTS OF AUDITING | B/KEEPING FORM 4
Elements of Auditing
Meaning of Auditing
Define auditing
Auditing
refers to a systematic and independent examination of books, accounts,
documents and vouchers of an organization to ascertain how far...
TOPIC 5: DEPARTMENTAL ACCOUNTS | B/KEEPING FORM 4
Departmental Accounts
The Trading Account for a Departmental Store
Draw up the trading account for a departmental store
Introduction:
Departmental
Accounts are accounts relating to the several departments or...
TOPIC 4: PARTNERSHIPS | B/KEEPING FORM 4
The Basic Characteristics of a Partnership
Describe the basic characteristics of a partnership
Definition:
The proprietorship form of ownership suffers from certain limitations such as limited resources,...
TOPIC 3: CONSIGNMENT | B/KEEPING FORM 4
The Account in the Consignors and Consignee’s Books
Show the account in the consignors and consignee’s books
Consignment Overview
Consignment
occurs when goods are sent by their owner...
TOPIC 2: JOINT VENTURES ~ BOOK KEEPING FORM 4
The Meaning of Joint Venture
Define a joint venture
An
association of two or more individuals or companies engaged in a
solitary business enterprise for profit without actual...
TOPIC 1: BILLS OF EXCHANGE | B/KEEPING FORM 4
Meaning of a Bill of Exchange
Define a bill of exchange
Bill of exchange is written order letter in which there is not any
condition. Writer’s sign...
TOPIC 13: GOVERNMENT BUDGETING PROCEDURE | B/KEEPING FORM 3
Meaning of a Budget
Define a budget
:
A budget is a set of interlinked plans that quantitatively describe an entity’s projected future operations. A budget is...
TOPIC 12: ACCOUNTS OF NON-PROFIT MAKING ORGANIZATIONS | B/KEEPING FORM 3
Accounting of Non-Profit Making Organizations
Preparation of Statement of Affairs
Prepare statements of affairs
Certainly,
proper accounting is essential for non-trading institutions. These
concerns maintain, generally, a cash book...
TOPIC 11: INCOMPLETE RECORDS | B/KEEPING FORM 3
Statements Showing Profit or Loss From Incomplete Records
Draw up statements to show profit or loss from incomplete records Some times, businesses, especially small businesses...
TOPIC 9: MANUFACTURING ACCOUNT | B/KEEPING FORM 3
Manufacturing Account
Difference in Accounting for Stocks between Manufacturing Companies and Merchandising Companies
Explain the difference in accounting for stocks between manufacturing companies and merchandising companies
The...
TOPIC 8: BALANCE SHEET (CLASSIFIED) | B/KEEPING FORM 3
Meaning of Each Asset and Liability Classification Appearing on a Balance Sheet
Define each asset and liability classification appearing on a balance sheet
A
classified balance sheet...
TOPIC 7: FINANCIAL STATEMENTS | B/KEEPING FORM 3
General Purpose Financial Statements
Describe general purpose financial statements
Financial Statements
Definition:
Financial statements are a collection of reports about an
organization’s financial results, financial condition, and cash flows.
They...
TOPIC 6: BAD DEBTS | B/KEEPING FORM 3
The Bad Depts Account
Show the bad debts account
What are bad debts?
The term bad debts
usually refers to accounts receivable (or trade accounts receivable)
that will not be...
TOPIC 5:DEPRECIATION | B/KEEPING FORM 3
Cost of a Fixed Asset
Determine the cost of a fixed asset
Depreciation
is the systematic reduction in the recorded cost of a fixed asset.
Examples of fixed...