BUSINESS: 415 TOPIC TWO RECORDING BUSINESS TRANSAC

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BUSINESS: 415 TOPIC TWO RECORDING BUSINESS TRANSAC 3

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BUSINESS: 415 TOPIC TWO RECORDING BUSINESS TRANSACTIONS

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BUSINESS: 415 TOPIC TWO RECORDING BUSINESS TRANSACTIONS 2.1 Introduction A business can be set up in two ways- i) Owner supplying all the resources ii) Owner supplying some of the resources and the rest being supplied by outside parties. The two cases bring out the accounting equation also called book- keeping equation Case one: owner supplying all the resources In this case we say that- Resources in the business = Resources supplied by the owner…………… (i) Resources ...

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• 15 pagina's's •
door keenstar •
geupload 2022

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BUSINESS: 415 TOPIC TWO RECORDING BUSINESS TRANSAC • BUSINESS: 415 TOPIC TWO RECORDING BUSINESS TRANSAC