February 2025

Cambrige Notes: Principles of Accounting: Manual processing

By |2025-02-12T08:55:57+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes Notes: Manual processing

  • Data processing has been performed manually for millennia (thousands of years)
  • Manual data processing literary means data processing by hand
  • Ancient merchants used to record their trading transactions on clay tablets
  • Kings would record their trade, census and tax data on clay, copper, bronze, brass and stone tablets

    • […]

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Cambrige Notes: The Sales Returns and Purchases Returns Day Books

By |2025-02-12T08:59:54+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: The Sales Returns and Purchases Returns Day Books

  • Most businesses allow customers to return goods that they have bought for various reasons
  • For example if the goods are ill-fitting, of the wrong color, they exceeded ordered quantity, were damaged in transit or are not functioning as expected i.e. malfunctioning.
  • The return […]
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Cambrige Notes: Introduction to Limited Liability Companies

By |2025-02-12T09:03:14+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Pick n Pay is an example of a limited liability company. Image credit tmsm.co.zw Pick n Pay is an example of a limited liability company. Image credit tmsm.co.zw

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Introduction to Limited Liability Companies

  • Contrary to popular belief among students and common people the word […]
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Cambrige Notes: Receipts and till slips

By |2025-02-12T09:06:27+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Receipts and till slips

Receipt

  • Is issued by a seller to a buyer.
  • It is used to acknowledge a cash payment.
  • It is evidence of a cash sale.
  • It shows:
    1. The names and addresses of the buyer and seller.
    2. date of receipt issue.
    3. Reason for payment.
    4. Description Of goods-if it is a receipt for […]
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Absorption of Overheads: More than one product one department worked example

By |2025-02-12T09:25:51+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC  Advanced Accounting Level Notes: Absorption of Overheads: More than one product one department worked example

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The differences between marginal and absorption costing

By |2025-02-12T09:29:36+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC  Advanced Accounting Level Notes: Marginal Costing vs Absorption Costing

  • Having introduced you to both absorption costing and marginal costing
  • It is time to look at some of the differences between the two
  • In discussing marginal costing we have already pointed out the differences between it and marginal costing

    • […]

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Commerce: The External Business Environment

By |2025-02-12T09:46:16+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: The External Business Environment

  • In addition to internal factors that affect the operations of a business
  • There are external factors which also exert their influence
  • These external factors together constitute the external business environment
  • The external environment is sometimes known as PESTEL
  • This stands for the various components that make up a […]
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AS A Level Business: Mixed Economy

By |2025-02-12T09:10:10+02:00February 12th, 2025|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Business Studies, ZIMSEC Business Enterprise Skills|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Mixed Economy

  • Society faces an economic problem
  • It has to answer three basic questions:
    • What to produce
    • How to produce and
    • For whom to produce?
  • It falls upon the government of that given society to come with a solution to this problem
  • This […]
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AS A Level Business: Introduction To Debentures

By |2025-02-12T08:59:39+02:00February 12th, 2025|Cambridge AS A Level Business Studies, Notes, ZIMSEC A Level Accounting, ZIMSEC A Level Business Studies|

Cambridge AS A Level Business Studies/ ZIMSEC Advanced Level Business Studies/ Business Enterprise Skills Notes: Types of businesses: Limited Companies: Debentures

  • In addition to raising capital (money) using shares,
  • Companies also often raise money by issuing (selling) debentures
  • While shares are considered as a part of (or a unit of) capital debentures are considered a […]
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O Level Computer Science: Hardware: Automated Teller Machine

By |2025-02-12T09:43:48+02:00February 12th, 2025|Computer Science, Notes, Ordinary Level Notes|

ZIMSEC O Level Computer Science Notes: Hardware: ATM 

  • An automated teller machine (ATM) is an electronic device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, or account information inquiries, at any time and without the need for direct interaction with bank staff.
  • Anyone with a […]
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