CCS 104 : ELEMENTS OF ECONOMICS NOTES

Institution UNIVERSITY OF EMBU
Course BUSINESS AND ECONOMI...
Year 1st Year
Semester Unknown
Posted By Mwalimu Evans Okoyo.
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Pages 41 Pages
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Description

Accounting records are key sources of information and evidence used to prepare, verify and/or audit the financial statements. They also include documentation to prove asset ownership for creation of liabilities and proof of monetary and non monetary transactions. Examples of accounting records are Ledgers, Journals, Bank statements, Contracts and agreements, Verification statements, Transportation receipts, Invoices and Vouchers.
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