DOUBLE COLUMN CASH BOOK
Meaning: The two column Cash book so-called because for both debit and credit entries, it has two columns, one for recording cash transactions and the other for bank transactions. It… Read More »DOUBLE COLUMN CASH BOOK
ACCOUNTING ENTRIES
ISSUE OF SHARES
Definition of Shares Shares can be defined as units of capital of ownership of a limited company. It is an ownership right in a company. A company cannot commence business… Read More »ISSUE OF SHARES
DISSOLUTION OF PARTNERSHIP
Meaning To dissolve a partnership means to bring an existing partnership business to an end. This entails selling the assets of the business, paying its creditors and other liabilities and… Read More »DISSOLUTION OF PARTNERSHIP