Author:
Evaluation:
Published: 02.12.2007.
Language: English
Level: College/University
Literature: 2 units
References: Not used
  • Summaries, Notes 'Book-Keeping', 1.
  • Summaries, Notes 'Book-Keeping', 2.
  • Summaries, Notes 'Book-Keeping', 3.
  • Summaries, Notes 'Book-Keeping', 4.
  • Summaries, Notes 'Book-Keeping', 5.
Extract

Q1 Main purposes and benefits of book-keeping.
Financial Control. Book-keeping allows to see, monitor and analyse the financial situation of the business. It is possible to prepare a cash flow forecasts which are based on previous entries. And if the records are kept accurate and up-to-date, the owner of the business is in control over it.…

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