Foreign Educator Teaching System

Tag: accounting

  • Bookkeeping and accounting

    Bookkeeping and accounting Bookkeeping Bookkeeping is a process by which a detailed record of all the transactions in kept. It is very important for a business to keep a detailed record of its financial transactions. These financial records are kept on the basis on double entry bookkeeping system. Accounting Accounting uses the help of bookkeeping…

  • GCSE/IGCSE accounting revision notes section 1

    What is accounting Accounting is the art of recording, classifying and presenting data in a manner that it may be used by other people. Accounting comes after book keeping   What is book-keeping Book keeping only refers to the keeping of records in the appropriate books. Book keeping comes before accounting   Purpose of measuring…

  • Commerce

    Commerce Definition All those activities which are conducted to deliver the goods and services from producer to consumer It may be described as trade and aids to trade. Process of exchange of goods