Bookkeeping
PRINCIPLE OF DOUBLE ENTRY
Bookkeeping is the recording, on a day-to-day basis, of the financial transactions and information pertaining to a business. It ensures that records of the individual financial transactions are correct, up-to-date and comprehensive.. Example if Abel is a trader, all his business transaction are recorded as those of the business and not as Abel's own transaction. In this subject you will able to record those transactions correctly, accuracy in recording is therefore important.
PRINCIPLE OF DOUBLE ENTRY
Recording of Business Transactions
Apply the rule for Debiting and Crediting accounts
Analyse Business Transaction
Concept of Double Entry
Importance of Double Entry
Describe the Principle of Double Entry system
Explain the meaning of Double Entry
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