TOPIC 3: CONSIGNMENTS Consignments The Account in the Consignors and Consignee’s Books Show the account…
TOPIC 2: JOINT VENTURES Joint Ventures The Meaning of Joint Venture Define a joint venture…
TOPIC 1: BILLS OF EXCHANGE Bills of Exchange Meaning of a Bill of Exchange Define…
BOOK KEEPING NOTES FOR FORM THREEClick the links below to view the notes:TOPIC 1…
TOPIC 13: GOVERNMENT BUDGETING PROCEDURE Government Budgeting Procedur Meaning of a Budget Define a budget How…
TOPIC 12: ACCOUNTS OF NON-PROFIT MAKING ORGANIZATIONS Accounting of Non-Profit Making Organizations Preparation of Statement…
TOPIC 11: INCOMPLETE RECORDS Incomplete Records Statements Showing Profit or Loss From Incomplete Records Draw…
TOPIC 10: CONTROL ACCOUNT Control Account Control Account from Subsidiary Records Construct control account from…
TOPIC 9: MANUFACTURING ACCOUNT Manufacturing Account One of the tool to analyse the effects of…
TOPIC 8: BALANCE SHEET (CLASSIFIED) Balance Sheet (Classified) Meaning of Each Asset and Liability Classification…
TOPIC 7: FINANCIAL STATEMENTS The preparation of financial statement is very important to business owners…
TOPIC 6: BAD DEBTS Bad Debts Suppose that you are the owner of a business…
TOPIC 5: DEPRECIATION Depreciation If an asset id used for more than one year, it…
TOPIC 4: CAPITAL EXPENDITURE AND REVENUE EXPENDITURE Capital Expenditure and Revenue Expenditure Meaning of Capital…
TOPIC 3: ADJUSTMENTS When a transaction is started in one accounting period and finished in a later…
TOPIC 2: CORRECTION OF ERRORS Errors are made when recording business transaction in the journal.…
TOPIC 1: GENERAL JOURNAL The purpose of bookkeeping is to record all business transactions, these…
BOOK KEEPING NOTES FOR FORM TWO Click the links below to view the notes: TOPIC…
TOPIC 5: SOURCES OF GOVERNMENT FUNDS AND EXPENDITURE ESTIMATES Sources of Government Funds and Expenditure…
TOPIC 4: GOVERNMENT ACCOUNTING TERMINOLOGY Meaning of Government Counting Terminology Meaning of the term Accounting…
TOPIC 3: BANK RECONCILIATION STATEMENT Bank Reconciliation Statement Meaning of Bank Reconciliation Statement Define Bank…
TOPIC 2: PETTY CASH AND IMPREST SYSTEM ( COLUMNAL PETTY CASH BOOK) Petty Cash and…
TOPIC 1: BOOKS OF PRIME ENTRY Books of Prime Entry The Meaning of Books of…
BOOK KEEPING NOTES FOR FORM ONE Click the links below to view the notes: TOPIC…
TOPIC 7: ELEMENTARY BALANCE SHEET Elementary Balance Sheet The Balance Sheet Define the balance sheet…
TOPIC 6: ELEMENTARY TRADING PROFIT AND LOSS ACCOUNTS Elementary Trading Profit and Loss Accounts Final…
TOPIC 5: STOCK Stock Difference between Stock at Start and Stock at Close Distinguish between…
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TOPIC 3: CLASSIFICATION OF ACCOUNTS Classification of Accounts It is necessary to know the classification…
TOPIC 2: PRINCIPLES OF DOUBLE ENTRY SYSTEM Principles of Double Entry System In these concept, you…
TOPIC 1: SUBJECT MATTER OF BOOK KEEPING Subject Matter of Book Keeping The Meaning of…
COMMERCE NOTES FOR FORM FOURClick the links below to view the notes:TOPIC 1 – TAXATIONTOPIC…
TOPIC 4: MANAGEMENT AND ORGANIZATIONS Management and Organization The Meaning and Importance of Management Explain…
TOPIC 3: BUSINESS UNITS Business Units The Term Business Units Explain the term business units…
TOPIC 2: INSURANCE Insurance The Meaning of Insurance Define Insurance Insurance: is an agreement in…
TOPIC 1: TAXATION There are some services like roads, public hospital and public school that…
COMMERCE NOTES FOR FORM THREE Click the links below to view the notes: TOPIC 1…
TOPIC 8: EXPORT TRADE Export Trade The Meaning and Importance of Export Trade Explain the…
TOPIC 7: IMPORT TRADE Import Trade The Meaning of Importance of Import Trade Explain the…
TOPIC 6: INTERNATIONAL TRADE International Trade The Meaning of International Trade Explain the meaning of…