Management Functions

Essay specific features

 

Issue:

Business

 

Written by:

Abigail J

 

Date added:

February 7, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

18 / 5018

 

Was viewed:

5531 times

 

Rating of current essay:

 
Essay content:

However, the same principles apply, whatever the size of the business. The concepts are also very relevant to computerised accounting systems such as Sage, which assume such knowledge. For the very smallest business, simply keeping a cashbook, with all payments & receipts recorded is sufficient. Along with a list of debtors, creditors & closing stock at the year-end, your accountant can produce a set of accounts...
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Along with a list of debtors, creditors & closing stock at the year-end, your accountant can produce a set of accounts. The starting point will be a simple explanation of the concept of double-entry. All the fundamental areas will be covered leading up to the trial balance at the year-end, from which a Profit & Loss Account & Balance Sheet are extracted...
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