The website has the complete lesson note for all the subjects in secondary school but this piece showcases the JSS1 Business Studies Lesson Note on Introduction to Book Keeping. You can use the website search button to filter out the subject of interest to you.
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Topic: Introduction to Book Keeping
CONTENT:
Meaning of Book Keeping:
Book-keeping may be defined as the art of recording business transactions in a systematic manner so that the books of account will reveal at any time the financial position of the business to the owner and other stakeholders in the business
Importance of Book Keeping:
Every business organization keeps daily records of their financial transactions. Therefore, the importance of bookkeeping becomes necessary for the following reasons:
ESSENTIAL QUALITIES OF BOOK-KEEPING OR A BOOK-KEEPER
COMMON BOOK-KEEPING PRACTICES
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