Maintaining financial records and accounts.
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Maintaining financial records and accounts.

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Published by BPP in London .
Written in English

Book details:

Edition Notes

SeriesCAT practice & revision kit -- paper 1
ContributionsAssociation of Chartered Certified Accountants.
ID Numbers
Open LibraryOL22635106M
ISBN 100751708313

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  Accounting records are all of the documentation and books involved in the preparation of financial statements or records relevant to audits and financial reviews. Accounting records include Author: Will Kenton. Maintaining Financial Records (International Stream) 2 When the purchases day book was posted to the general ledger, 19 Tina is preparing her accounts for the year to 30 September using an extended trial balance. After extending and completing the extended trial balance, the totals are. Records are to be readily available if a business is to move forward. Keeping NO records or inaccurate records affects your business and it deters growth. Inability to control your business from theft and fraud; If you don’t have proper records, you can’t control your resources. School finances can be meticulously maintained and properly checked if cash book is kept carefully and bank accounts are maintained regularly. (c) Contingencies Register: This register maintains records of all expenditure on equipment, repairs to buildings, rents for buildings, stationary books purchased for the library, equipments purchased.