Month: January 2022

A partnership is a relationship that subsists between two or more persons carrying on a business common with a view to making profit. Among others, reasons for partnership may be Additional capital incase a sole trader or one person is Read More …

In most cases where business transfers finished goods at a profit to the selling department and the goods are reflected in the balance sheet at the transfer price, then the closing stock includes a profit that has not been earned Read More …

Administration Expenses these are expenses incurred in providing control, direction and management of the firm Such as expenses relating to secretarial, accounting, rent, rates, insurance, water, electricity etc for the office. Also included in depth of office furniture & equip, Read More …

Some firms may manufacture or produce goods rather than buy due to savings in operational costs. (i.e. it is cheaper to produce the goods rather than buy). Due to additional costs involved in the production process, additional information is reported Read More …

DATA ORGANIZATION, ANALYSIS AND PRESENTATION The term “data organization” in research refers to orderliness in research data. This is putting the data into some systematic form. The raw” data collected, particularly in surveys, needs to be processed before it can Read More …

CORRELATIONAL DESIGN This design enables the researcher to assess the degree of relationship that exists between two or more variables. It analyzes .the correlation between two or more variables (Orodho, 2003). For example, if you compare the examination performance of Read More …