Form 3

BOOK KEEPING NOTES-FORM THREE TOPIC 6: BAD DEBTS.

Bad Depts Suppose that you are the owner of a business and you owe someone. What will you do...

BOOK KEEPING NOTES-FORM THREE TOPIC 7: FINANCIAL STATEMENT.

The preparation of financial statement is very important to business owners and the government. However these statements needs to be presented in...

BOOK KEEPING NOTES-FORM THREE TOPIC 8: BALANCE SHEET (CLASSIFIED).

Balance Sheet (Classified) Meaning of Each Asset and Liability Classification Appearing on a Balance Sheet

BOOK KEEPING NOTES-FORM THREE TOPIC 9: MANUFACTURING ACCOUNTS.

Manufacturing Account One of the tool to analyse the effects of business transaction is by using the accounting...

BOOK KEEPING NOTES FORM THREE-TOPIC 10: CONTROL ACCOUNT.

Control Account A control account is a summary-level account in the general ledger. This account contains aggregated totals for...

BOOK KEEPING NOTES-FORM THREE TOPIC 11: INCOMPLETE RECORDS

TOPIC 11: INCOMPLETE RECORDS Statements Showing Profit or Loss From Incomplete Records Some times, businesses,...

BOOK KEEPING NOTES FORM THREE-TOPIC 12: ACCOUNTS OF NON-PROFIT MAKING ORGANIZATIONS.

TOPIC 12: ACCOUNTS OF NON-PROFIT MAKING ORGANIZATIONS. Accounting of Non-Profit Making OrganizationsPreparation of Statement of AffairsPrepare statements of affairsCertainly,proper...

BOOK KEEPING NOTES-FORM THREE TOPIC 13: GOVERNMENT BUDGETING PROCEDURE

TOPIC 13: GOVERNMENT BUDGETING PROCEDURE Meaning of a BudgetA budget is a set of interlinked plans that quantitatively...

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