Posts

Showing posts from 2022

TAX PLANNING AND INVESTMENT STRATEGY

Image
  Some individuals pay high taxes due to inability to plan their taxes and are ignorant about the provisions of tax laws This book highlights some tax planning and investment strategies. Some topics discussed include (a) Tax planning strategy (b) Indirect tax strategy (c) Fixed asset strategy (d)Risk Management Strategy (e)Investment Strategy. BUY

LEARN BUSINESS ACCOUNTING THE LANGUAGE OF BUSINESS

 LEARN BUSINESS ACCOUNTING THE LANGUAGE OF BUSINESS presents basic accounting principles in a clear and precise form. Some topics discussed in this book are as follows (a)financial analysis (b) Basic accounting concept (c)Preparation of financial statement- profit and loss and balance sheet (d) Trial balance (e)Budget and financial control (e)Double entry The main law in economics is the law of scarcity. Resources are scarce but human wants are unlimited. There must be a way to control resources within and out of the business. ACCOUNTING RECORDS TO MAINTAIN (a)Sales or Revenue-this track income into the business with dates (b)Purchases-This track all purchases made in the business with dates. (c)Inventory or stock records. (d) Cost of production or services per period. (e) Creditor or accounts payables. –keeps track of bill or creditors to pay. (f) Debtors or Accounts Receivables –keeps records fund to receive from debtors. (g) Fixed or non-current Assets employed in the business. ...