BOOK-KEEPING AND BOOK-KEEPING ETHICS
CONTENT- Meaning of Book-keeping
- Purpose of Book-keeping:
- Book-keeping Ethics
Meaning of Book-keeping
Book keeping is the record of what is bought, sold, owned and owed, what money comes in, what goes out and what is left. Book-keeping is the act of recording business transactions in a regular and systematic manner, such that the record would be in a permanent form for the following purposes.Purpose of Book-keeping
The purpose of book-keeping are as follows:You are viewing an excerpt of this lesson. Subscribing to the subject will give you access to the following:
- NEW: Download the entire term's content in MS Word document format (1-year plan only)
- The complete lesson note and evaluation questions for this topic
- The complete lessons for the subject and class (First Term, Second Term & Third Term)
- Media-rich, interactive and gamified content
- End-of-lesson objective questions with detailed explanations to force mastery of content
- Simulated termly preparatory examination questions
- Discussion boards on all lessons and subjects
- Guaranteed learning