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BTEC LEVEL 3 BUSINESS UNIT 8 $13.53   Add to cart

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BTEC LEVEL 3 BUSINESS UNIT 8

The debit side of the trial balance includes asset and expense accounts, while the credit side includes liabilities, capital and income accounts. If all accounting entries are made correctly and all the ledge extractions are done correctly, the total debt balances recorded on the trial balance must...

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Summary P3 The benefits of using computerised accounting system

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Sage accounting Sage accounting package is a software that can help small businesses to do there accounting through the computerised network. It is perfect for small businesses, Sage Instant Accounts makes managing cash flow, VAT, stock, customers and suppliers simple.

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Summary M2, M3 Explanation the purpose of a trial balance

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A trial balance is a list of the ledger account balances arranged into two columns; one listening all the debit balances brought down and ones listening all the credit balances brought down. Due to the process of double entry book-keeping the total of all the debit balances should equal the total of...

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Summary M1 Comparison between manual and computerised accounting systems

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A manual accounts system, if developed correctly can deliver timely and accurate information. In many ways, particularly for the smaller business, in a well-designed manual accounting system the advantages outweigh the disadvantages.

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