Most small and medium scale businesses fail because of either no records or incomplete records.
Our target in this manual is to ensure that at the end of careful study of this material, readers should be able to appreciate the importance of keeping proper accounting or business records and be able to:
Prepare a simple financial statement of a business,
Know how to keep complete records of business events,
Prepare monthly payroll for staff salaries,
Account for value added tax or sales tax
Differentiate between capital expenditure and revenue expenditure
And Much More
Book-Keeping and Accountancy Made Simple: For Owner Managed Business, Students and Young Entrepreneurs
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