Views: 798 Posts: 0 Started By: oladamats Last Poster: oladamats Last Post Date: Apr 27, 2018

April 27, 2018 ( Post 1 )

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1a) Book keeping is the systematic recording of transactions on a daily basis in the appropriate books. It is an integral part of accounting

1b) - Book keeping helps to prevent fraudulent practices
- Book keeping information can be used for decision making
- Book keeping provides permanent records for all transactions
- Book keeping helps to determine the profitability of a business concern



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