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Book keeping Notes

Petty cash book

IMPREST SYSTEM : This is a system for recording petty cash transactions, which are paid out of a cash float.The […]

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Book keeping Notes

SS1 3rd Term Book keeping scheme of work

                                                     SS 1 THIRD TERM BOOK- KEEPING                                                                    SCHEME OF WORK WEEK 1                 Revision 2.                Petty cash book              —Meaning […]

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Book keeping Notes

Principle Of Double Entry

Definition: Double entry book keeping is the system of keeping account, which take advantages of the two-fold aspect of every […]

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Book keeping Notes

Contra entry

Contra is a latin word which shows that cash has been withdrawn from the office and deposited in the bank […]

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Book keeping Notes

Double Column Cash Book

Meaning: The two column Cash book so-called because for both debit and credit entries, it has two columns, one for […]

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Book keeping Notes

Single Column cash book

INTRODUCTION: This is the book for recording receipts and payments of money in cash or cheque. NOTE: No credit transaction […]

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Book keeping Notes

SS1 2nd Term Book Keeping scheme of work

SUBJECT: BOOK-KEEPING                                    CLASS: SS 1  TOPIC 1.       Revision. 2.       Cash book           –        Measuring of single column cash book.           […]

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Book keeping

Principles of double entry in book keeping

PRINCIPLE OF DOUBLE ENTRY Definition: Double entry book keeping is the system of keeping account, which take advantages of the […]

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Book keeping

Contra entry in Book keeping

CONTRA ENTRY Contra is a latin word which shows that cash has been withdrawn from the office and deposited in […]

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Book keeping

Double column cash book explained

Meaning: The two column Cash book so-called because for both debit and credit entries, it has two columns, one for […]