Tag: SS1 3rd Term Financial Accounting

CONTENTS : Opening Journal entries Recording of subsequent financial transactions When a business begins the capital will consist of cash, […]

CONTENTS Meaning of the Balance Sheet Layout of the Balance Sheet Definition of terms/contents of the Balance Sheet The Balance […]

CONTENTS Contents of the Final Accounts of a Sole Trader The Trading Account  –  Contents and Preparation The Profit and […]

CONTENTS STAGES OF BANK RECONCILIATION WORKING EXERCISES ADVANTAGES/PURPOSE OF BANK RECONCILIATION When the entries on a bank statement are compared […]

CONTENTS Definition of terms: Cash Book Bank Statement Bank Reconciliation Statement Uses of a Bank Statement Items causing discrepancy(disagreement) between […]

CONTENTS1 TYPES OF ACCOUNTS A BUSINESS OR INDIVIDUAL CAN MAINTAIN WITH A BANK2 BENEFITS DERIVED BY A BUSINESS THAT OPERATES […]

SUBJECT:  FINANCIAL ACCOUNTING                                                                                            CLASS: SS1 SCHEME OF WORK WEEK                    TOPIC The Bank Account and its operations Bank Reconciliation Statement Bank […]