Cambrige Notes: Principles of Accounting: Company Accounts: Introduction
Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Accounting for Limited Liability Companies: Introduction
- It is important to note that all accounts are prepared on the basis that the owner and his/her business are two separate persons
- This does not matter if the business is not considered a separate legal entity for example partnerships and sole trader businesses
- However […]
An example of journal entries. Image credit Frank Wood’s Business Accounting 1 ZIMSEC O Level Principles of Accounts Notes: The General Journal 
An example of entries being made in a Purchases Day Book. Image credit 
