(also called book of first entry, journal or subsidiary book) book in which the business summarises daily transactions. Examples are Cash Payments Journal, Cash Receipts Journal, Creditors Journal, Debtors Journal, Petty Cash Journal, Salaries Journal, Wages Journal and General Journal.
a report to the shareholders of the company, compiled by the independent external auditors,...
final account used to find the gross profit or loss the business has made from trading.
internal control measure applied by making sure that accounting data is kept properly in order...
cost directly linked to the number of units produced during a period