THE CAMBRIDGE UNIVERSITY RESEARCH  Let’s see The Cambridge University Research again!!!  According to a research at Cambrigde University, it deosn’t matter in what order the letetrs in a word are, the only important thnig is taht the fisrt and lsat leters be at the rgth palce. The rset can be a totol mses and you can still raed it withuot porblem. This is bcuseae the human mind deos not … Read More

DEPRECIATION Depreciation is an estimate in amount for the wear and tear of a non-current asset used in a business for its day-to-day operations. It is a part of the original cost of such asset that is consumed during its period of use by the business and it is represented in the statement of profit … Read More

What do Accountants suffer from that ordinary people don’t? Depreciation!!! Depreciation is the wear and tear of assets which is learnt in the course of studies and this applies to non-current assets.  

  Michael Jordan, former American professional basketball player is deemed to be the greatest basketball player of all time as declared on the official NBA website. Jordan joined the Bulls in 1984 as the third overall draft pick, and quickly emerged as a league star, entertaining crowds with his prolific scoring while gaining a reputation … Read More

Let’s talk some more on the movement of money in the cash book?  Dr- Receipts  Cr- Payments    When money is received the bank balance increases and when money is paid out, the bank balance reduces. J   Simple hey!!!    Let’s see how you get on with this simple scenario:    Where there is an opening credit bank balance … Read More

 How does an Accountant stay out of debt?   He learns to act his wage!!!    Cash flow management and budgeting skills are vital skills acquired in the course of studies and applied into our lives.