FINANCIAL ACC 101

BALANCING OF LEDGER ACCOUNT Hello Readers, How are you all today? It's Beautiful to be here with y'all doing this now and being a source of help to you all. I thank God everyday for meeting you all and being able to write to you and generally interact with you all. HAPPY CHILDREN'S DAY Y'ALL. 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 book...

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COMMERCE 101

QUOTING PRICE IN INTERNATIONAL TRADE Hey Guyz, Happy Monday.  Hows your week so far, great right???. lolz- God has been Faithful and We are grateful. So let's get started.... 1. Cost, Insurance and Fright (C.I.F)- This price means that the prices quoted includes the cost of the goods, the fright and insurance up to the port of destination while the purchaser is responsible for other subsequent charge. 2. Free On Board (F.O.B)- means that the price covers all cost up to the ship including charges, payable for loading goods on the ship. 3. Franco-...

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ECONS 101

PARTNERSHIP Hello Readers, How are you all today? It's Beautiful to be here with y'all doing this now and being a source of help to you all. I thank God everyday for meeting you all and being able to write to you and generally interact with you all. Let's Get Started..... Types of Partnership: a. Limited Partnership is a type of partnership which is formed and registered under the Limited Partnership Act. In a Limited Partnership, there must be one general partner with unlimited liability and one limited partner whose liability is limited...

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