HBC 2101: Introduction to Accounting I
| Institution | JKUAT |
| Course | Information Technolo... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Jeff Odhiambo |
| File Type | |
| Pages | 48 Pages |
| File Size | 1.25 MB |
| Views | 354 |
| Downloads | 0 |
| Price: |
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Description
Accounting is defined as a process of Recording Classifying Summarizing Interpreting the financial transactions and Communicating the result thereof to the persons interested in such information for decision making purposes
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HBC 2101: Introduction to Accounting I - Course Outline
Introduce students to financial accounting for processing and communicating of financial information to support economic decision making. This particularly focuses on procedures of book keeping and preparation of the financial statements for a simple business.
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HBC 2101: Introduction to Accounting I - ERRORS ON ACCOUNTS
The trial balance produced from the accounts appears to be correct, i.e the debits
are the same as the credits. However, on taking a close check on the balances and
transactions posted, errors may have been made and therefore the balances shown on
the trial balance may be incorrect i.e. under or over stated.
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