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1.0 INTRODUCTION When a trial balance does not agree, this is an indication that error (s) have been made in the accounting entri...
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1.0 INTRODUCTION Trial Balance is the statement of debit and credit totals or balances extracted from the various accounts in the...
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Most Blogger users like me hide the Blogger navigation bar in their blog. I don’t knw why but it kind of distracting. However, remov...
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1.0 INTRODUCTION We know that the fundamental principle of Double Entry System of Accounting is that for every debit, there must...
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1.0 INTRODUCTION An individual is admitted into an organization or service based on his or her occupation. Within the occupatio...
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1.0 INTRODUCTION In this note, you shall learn about Petty Cash Book, the Imprest System and how recording and posting in the pet...
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1.0 INTRODUCTION In this note you are going to learn about the various theories of banking. These theories which are propound...
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Chima moves on to explain the balance sheet, a financial statement that reports the amount of a company's (A) assets, (B)...
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1.0 INTRODUCTION In this note, you shall be exposed to the classification of audit in a greater detail – classification by natur...
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(B) Liabilities The balance sheet reports Fast Delivery's liabilities as of the date noted in the heading of the balance she...
