f EDU-MADE-EASY BLOG

Education is an ornament in prosperity and a refuge in adversity.

It is as impossible to withhold education from the receptive mind as it is impossible to force it upon the unreasoning. - Agnes Repplierg

Education aims to give you a boost up the ladder of knowledge.

Educating the mind without educating the heart is no education at all. - Aristotle

He who opens a school door, closes a prison.

If a man empties his purse into his head, no man can take it away from him. An investment in knowledge always pays the best interest. - Ben Franklin

To the uneducated, an A is just three sticks.

To teach a man how he may learn to grow independently, and for himself, is perhaps the greatest service that one man can do another.

If you think education is expensive, try ignorance.

Education is what remains after one has forgotten what one has learned in school.

FINANCIAL ACC 101.

          BALANCING OF LEDGER ACCOUNT.

Hey Guyz, How was your Night. Hope it was beautiful and peaceful? Mine was great. It’s therefore a New day and a beautiful one at that, it’s really an honour to see and experience today don’t you think. Anyways I know it’s kind of been a while we did this subject ACC 101. Let’s get started.
Before the preparation of Trial Balance, the account must be balanced off at regular intervals during the financial year. It is necessary to balance each account in order to ascertain the overall position recorded in the bookkeeping system. In balancing the account, the following procedures must be followed:
1.     Post all debit items.
2.     Add all the items on the debit side.
3.     Post all credit items.
4.     Add all the items on the credit side.
5.     Compare both the two totals.
6.     If the debit side is greater, insert the difference in the credit side.
7.     If the credit side is greater, insert the difference in the debit side.

BRINGBACKTHEGIRLS.

I COULDNT LEAVE TODAY WITHOUY LENDING MY VOICE TO HEAVILY EXPRESS MY ANGER AND DISPLEASURE AT THE RECENT DEVELOPMENT IN MY COUNTRY NIGERIA. THE CHIBOK GIRLS THAT WERE ABDUCTED. BRING THEM BACK!!!!!!!

GOD BLESS NIGERIA!!!!!!

COMMERCE 101.



                                       FOREIGN TRADE.

Hey Guyz, It’s a Beautiful Tuesday- isn't it? How was your day yesterday and your rest yesterday, hope it was peaceful and lovely? I Pray in the name of Jesus that he grants you peaceful rest in all areas of your life- Amen. Now to the matter, we are back with Commerce 101 and we are focusing on the above named topic today, so let’s have fun.
Foreign Trade is the exchange of goods and services between two or more countries. It is when two countries have trading ties and commercial relationship of import and export. In other words, it is referred to as International Trade or External Trade. When Nigeria buys Automobile Cars from Germany, Foreign Trade has taken place.
MAJOR TYPES OF FOREIGN TRADE.
There are two main types of Foreign Trade, and they are:
1.     Bilateral Trade.
2.     Multilateral Trade.
BILATERAL TRADE.