Form 3

BOOK KEEPING 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 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 FORM THREE-TOPIC 8: Balance Sheet (Classified)

Balance Sheet (Classified) Meaning of Each Asset and Liability Classification Appearing on a Balance SheetDefine each asset and liability...

BOOK KEEPING FORM THREE TOPIC 9: Manufacturing Account

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

BOOK KEEPING FORM THREE-TOPIC 10: CONTROL ACCOUNT.

Control Account Control Account from Subsidiary RecordsConstruct control account from subsidiary recordsDefinition: A control account is a summary-level account in...

BOOK KEEPING FORM THREE-TOPIC 11: INCOMPLETE RECORDS

TOPIC 11: INCOMPLETE RECORDS Statements Showing Profit or Loss From Incomplete RecordsDraw up statements to show profit or loss...

BOOK KEEPING 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...

BOOKKEEPING 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 describe...

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