B1: 1 Introduction

In this section

In this section we shall explain why all businesses and organisations must keep books and records of their financial transactions. We shall also introduce double-entry bookkeeping, a system that is used by almost all large businesses across the world to record their transactions. Lastly, we will provide an overview of how VAT works in the UK.

Links

1.01 Bookkeeping

1.02 Double entry bookkeeping

1.03 An introduction to VAT

1.04 Introduction to bookkeeping questions & answers

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