WAREHOUSING.
Hey Guyz, Sorry for the late posting. Sch and all
kept me busy today; anyway we are here now-Praise God. It’s a new day to be
glad and to jump for joy because God found us worthy to be alive and well, and ready
to...
COMMERCE 101.
TYPES
OF WHOLESALERS.
Hey Guyz, It’s a Happy Tuesday to be Alive, Live,
Learn and have Fun. I don’t know about you but I am glad to be alive and be
well. I pray we are able to appreciate life more because there are sooooo many
people who would do anything to have the Peace and life that we have. So be
Grateful.
Today we are continuing from where we stopped in
commerce 101, with the above topic.
Wholesalers
can be classified into two board categories, namely:
1. Merchant
Wholesalers.
2. ...
SOMETHING NEW !!!!!!.
A NEW
SUBJECT!!!!!!!!!!!!!!
Hey Guyz, Am so sorry about last week. God was
delivering me from a very fierce battle and I am just too grateful for my life
and my Health. Well on a lighter note, we are introducing a new subject today- ECONOMICS
101.
We are beginning from the scratch today.
ECONOMICS
101 - MEANING AND BASIC CONCEPTS.
Economics in my own understanding is a social
science that studies human beings and their behavior. Most especially, their behavior
in relation to production,...
WATCH GUYZ.
Hey Guyz, Happy Day to learn and have fun don't you think? Well today we are doing something different. we are not discussing any topic or subject. I came across this video on Youtube and thought of you guyz. so please take just 2mins to sit down and intensively watch this video and i pray that the Grace of God to be doers of the instructions imbeded in this video be released upon you. Have FUN.
Until we meet again, remain ever blessed, Remember you are for SIGNS & WONDERS. God bless y...
FINANCIAL ACCOUNT 101.
ILLUSTRATION ON PETTY CASH BOOK CONTD.
Hey Guys, Happy Thursday. It’s a Beautiful Day to
see. It’s such a privilege to see such a day, let alone be well enough to learn
and improve one’s self. For that God deserves Praise. Well today we will take
one more example on PETTY CASH BOOK in order to fully understand it.
ILLUSTRATION:
Charles Limited operates a Petty Cash book on the
imprest system with a cash float of N 300. The following transactions took
place in November 2003.
Nov 2- Envelopes N4.
Nov 3- Petrol N16.
Nov 4- Postage...
FINANCIAL ACCOUNT 101.
PETTY
CASH BOOK.
Hello Everyone, it’s a New Day to
learn and have fun. We are focusing on the above mentioned topic today. Guyz,
am new at this so don't mind the awkward tables drawn for yesterday's topic.
Petty Cashbook is the book for recording small expenses. For example-
Postage, Stationery, Transport etc. The system for recording petty cash
transactions is called IMPEST SYSTEM. In this system, a specific amount is
given to cashier to start off accounting period. This specific amount is called
CASH FLOAT. The source document for petty...
FINANCIAL ACCOUNT 101.
REVISION
OF FINANCIAL ACCOUNT 101 CONTD.
Hey Guys, It’s a New Day to learn and have fun. The
Easter Period is really in the ear and I hope you all have great plans to enjoy
this holiday season. Any way we have to finish our revision today on Financial
Account 101 for us to fully grasp the foundation of Financial Accounting.
DOUBLE
COLUMN CASH BOOK.
This is a cashbook that has folders for cash and bank
transactions.
ILLUSTRATION:
Enter the following transactions in the cash book and
ledger accounts of Mr. Timi for...
FINANCIAL ACCOUNT 101.
REVISION OF FINANCIAL ACCOUNT 101 SO FAR.
Hey Guyz, Happy Monday. Easter is fast approaching when
Jesus was crucified for our sins upon the cross of Calvary…. I pray God opens
our eyes to see just how much he loves us…..
Okay so today we face Account and we are revising all
we have done so far, in order to remind ourselves of the foundation of Account.
BOOK-KEEPING
we said is the act of receiving and classifying financial transactions in a
systematic way, in order to show the financial position of a business at
anytime....
NOTICE
Hey Guys, I just got my hands on this New App that helps students study for exams- WAEC, NECO, JAMB etc.. Here is a link to getting it. http://www.ogbongeblog.com/2014/04/walkieprep-nigerian-app-for-jamb-questions-answers.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+SecretInfos-Ogbongeblog+%28Secret+Infos+-+Ogbongeblog+%29
I sincerely suggest it to those preparing for exams right now. Pe...
COMMERCE 101.
WHOLESALE TRADE.
Hey Guys, Happy Friday.
It’s a New Day to learn and have FUN doing so. Let’s get straight to the point
at hand.
Wholesaling is
a business activity which involves buying of goods and services from the
producer in bulk, and selling in small quantities to the retailers and other
merchants. In other words, A Wholesaler
is a trader who buys goods in large quantity and sells in small quantity to
retailers.
FUNCTIONS OF THE WHOLESALER TO THE PRODUCER:
1.
The...
COMMERCE 101.
MODERN TREND IN RETAILING.
Hey Guys,
it’s a lovely Thursday, a new day to Learn and have Fun. So let’s get started
on our Topic for today.
New Trends
have been introduced in Retailing Business because of the dynamic nature of
commercial activities. In order to enhance and facilitate business activities, new
ideas and Techniques have been introduced. These include: Branding,
Self-Service, After-Service, Vending Machine & Repackaging.
1. ...
COMMERCE 101.
LARGE SCALE RETAILING.
Hey Guys, It’s
been long I know, and I missed you loads….
Anyways, I had to work on balancing my education with this my passion to
help people educationally on this blog. So by Gods Grace it’s sorted out and I
will be around more often.
So today we
are discussing the above mentioned Topic, so let’s relax, learn and have FUN.
Large Scale Retailing is a system of trading with large
scope of operation. As the name implies it involves trading that is large in
nature. It exists in the following:
1. ...
COMMERCE 101.
REVISION OF ALL TOPICS IN COMMERCE 101.
Hey Guys,
Today we begin with a recap of all we have ever discussed in COMMERCE 101. Just
to remind ourselves and to be sure we understood them well.
So we begin
with INTRODUCTION TO COMMERCE. Here we defined Commerce as all that concerns
Production, Distribution, Exchange of Goods & Services, and the activities
that makes trade possible. In other words, we defined commerce as an activity
that deals with Trade and the Aids-to-Trade.
SCOPES OF
COMMERCE, we said...
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