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31 articles

1

10 Questions on Subsidiary Books

Question 1 You are to enter up the sales journals for the following details. Post items to the relevant accounts…

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1

1, 2, 3 Columns Cash Book +Video Guide

The cash book is a subsidiary book of first entry for all cash transactions. It is also a ledger book…

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Subsidiary Books of Accounting; Types & Summary

What are Subsidiary Books? Subsidiary books are books of prime entry used to record source documents arising from business transactions…

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FIFO – First In First Out +Video Guide

The following are the main pricing methods that may be used to determine the price of issues and closing stock…

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2

2 Questions on Ledger Entries +Video Guide

Question 1 on Ledger Entries Open the necessary ledger accounts to record the transaction below, balance it off and extract…

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Ledger Accounts and Trial Balance +Video Guide

Ledger Accounts and Trial Balance. In this article, Ledger Accounts, you are going to learn the definition of the term…

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Question on Marginal and Absorption Costing Technicques

 Questions on Marginal Costing Techniques Your name Nig. Ltd presents you with the following data about its operations for the…

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Joint Venture Accounting (AOC with Video Summary)

Joint Venture Accounting AOC This summary gives a clear definition and meaning to Joint Ventures Accounting, differentiating between Joint Ventures…

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Petty Cash Book: Analytical & Imperest System (+Video)

Petty Cash Book (AOC) This article covers the terminologies in The Petty Cash Book System of Accounting, The Definition of…

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How To Prepare A Cash Budget

Cash Budget Before attempting any question on Cash Budget, make sure you read through the question in order to stick…

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Break-Even Analysis Formulas +Video Guide

This article will help you with a clear definition and meaning to Break-even Analysis, how the formulas are derived and…

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NABAMS | Best Tutorial Master 2017

National Association of Business And Management Students – NABAMS RECOGNISES IZUOBA, CHARLES IFEANYI AS THE BEST TUTORIAL MASTER, 2017 In…

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