Accounts AT Ordinary LEVEL

Principles should be mastered first

Exams are over, but learning is not. Take your time, relax and think about the way forward.

The most important think to remember is that principles are the exam, so master them as much as you can.

Start planning your work now.include time for breaks

The beginning of bookkeeping,what was it like?

The double entry principle"DEBIT THE RECEIVER AND CREDIT THE GIVER"This is the golden accounting rule that you must obey ALWAYS.Eg a man starts a business with with $200 in his bank account.the double entr would be:

Dr bank a/c $200
Cr capital a/c $200.

Simple as that.