accounting Archives - Free ZIMSEC & Cambridge Revision Notes

Importance of cash flow to the business

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Importance of cash flow to the business

It is important for a business to manage its cash flow carefully
As pointed out in the introduction there is a difference between cash flow and profitability
It is quite possible for a business to be profitable and still have cash flow […]

ZIMSEC O Level Principles of Accounting: Single entry and Incomplete records: Example 2

Our first example on this topic was relatively straight forward
We will now look at a more challenging and comprehensive example
On how to create Financial Statements in cases where only single entry and incomplete records are kept

William Sachikonye runs a second-hand furniture business […]

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Single entry and Incomplete records: Example 2

Our first example on this topic was relatively straight forward
We will now look at a more challenging and comprehensive example
On how to create Financial Statements in cases where only single entry and incomplete records are kept

William Sachikonye runs a second-hand […]