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BAC 100: Fundamentals of Accounting I Notes

Institution: Kenyatta University

Course: Bachelor of Commerce

Content Category: Lecture Notes

Posted By: chobotiso

Document Type: PDF

Number of Pages: 19

Price: KES 100
 
    

Views: 1832     Downloads: 31

Summary

BAC 100: Fundamentals of Accounting I Notes
Kenyatta University
Bachelor of Commerce

Brief Overview:

Introduction:
Accounting is the process of collecting, recording, summarizing, interpreting and communicating financial information to permit informed decisions
Accounts are records in which financial information is contained.
All organizations require written records which management uses for day to day actions, decision making and setting up procedures and relationships with organizations or with individuals.
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