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CCS 104 : ELEMENTS OF ECONOMICS
| Institution | UNIVERSITY OF EMBU |
| Course | BUSINESS AND ECONOMI... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Mwalimu Evans Okoyo. |
| File Type | |
| Pages | 1 Pages |
| File Size | 24.75 KB |
| Views | 337 |
| Downloads | 0 |
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Description
Updated notes on elements of economics
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CCS 104 : ELEMENTS OF ECONOMICS NOTES
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Accounting records are key sources of information and evidence used to prepare, verify and/or audit the financial statements. They also include documentation to prove asset ownership for creation of liabilities and proof of monetary and non monetary transactions. Examples of accounting records are Ledgers, Journals, Bank statements, Contracts and agreements, Verification statements, Transportation receipts, Invoices and Vouchers.
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CCS 104 : ELEMENTS OF ECONOMICS
This is an economic system in which traditions, customs and beliefs helps shape the exchange of goods and services the economy produces. Tradition economic system uses berter trade instead of money system.
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