Bookkeeping part 1 introduces the bookkeeping method known as Double-Entry Bookkeeping and demonstrates how basic transactions, including sales, purchases, returns, payments and receipts should be recorded first in the Books of Prime Entry and then in the Ledgers.
Bookkeeping part 2
In Bookkeeping part 2 we…
Bookkeeping part 3
Bookkeeping part 3 looks at the types of adjustments made to the financial books at a year-end.