Introduction to book-keeping
Business Studies J.S.S 1 Third Term
WEEK 2
Introduction to book-keeping
Performance Objectives
Students should be able to:
1. State the meaning of book-keeping.
2. Explain the importance of book-keeping to business.
3. Identify the qualities of a book-keeper.
Content
What is book-keeping?
Bookkeeping is the name used to describe the recording of cash and credit transactions so that information relating to the transactions may be easily obtained.
Book-keeping is therefore defined as the process of recording business transactions in a systematic way to show the statements of transactions and the owners capital. It can also be defined as the act of systematically keeping records of all financial.... View More
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