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Book keeping Notes

Trial Balance and correction of errors

DIFFERENCES BETWEEN TRIAL BALANCE AND BALANCE SHEET 1. Trial balance shows list of ledger balances WHILE Balance Sheet is a […]

Categories
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 […]

Categories
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 […]