What is depreciatio
Comments
Reduction in price of an asset depending on the period in which it stays or used
how can you record transactions in the bank column in the double cash book
Comments
The only transaction that u can record in bank column in double cash book is thr one writen cheque or sometimes deposit
what is petty cash book
Comments
Imprest system id where by thr petty cashier is given an amount equal to that spent on the previous period
This is an account that is ussed to record small bussines transactions
petty cash book is a book that is being used to record small business transactions in the business
Comments
When some quantity gets bigger or smaller, we can talk about the percent of increase or percent of decrease
Comments
Cash book is type of book of prime entry which is used to record receipt and payment whether by cheque or cash
cash book is one among the books of prime entry which is used to record all busineess transactions
Comments
Comments
double entry system is a system of recording transactions twice in the books of acount
Is the system which calls for recording each transactions twice in the books of account
Comments
Comments
Comments
because transaction involve the exchange of value from one person to another in my suggestion i think is yes.
a cash transaction is a movement of money from one place to another whereby the payment is done on spot or immediatly
Comments
business control
determination of profit and loss
fair tax assessment
knowledge of credit dealings
Hellow guys,what are the methods of computing depreciation??????
Comments
Straight line method ,reducing balance method, sum of the year digits
Comments
error of ommission,error of commission,error of principle,compesating errors,error of original entry and error of reversal entry
Comments
is a bookkeeping principle of recording business transaction twice in books of accounts
Comments
Explain factors considered in choice of means of transport?
Comments
what the difference between trade discount and cash discount
Comments
Trade discount is the type of discount given by seller when calculating selling prices while cash discount is the type of discount given for ghe quick payment
trade discount is given to the customer who is also going to sell so that he or she can get profit while cash discount is given to the customer who buys goods and pay for them on spot
refers to falling of value of an asset