There are four type of accounts which are ACCOUNTING 101 cash account:which are accounts which receipts and expenses are recorded personal account:these are accounts that is for individuals,firms,and business enterprises. Real account;in a business, these are accounts that we can see,touch and move. it an account that record all assets like funitures and fitting,motor van, land and building. Nominal accounting;'in a business, these are account use in recording business expenses,income received,loss and gain.
Cash accounting is an accounting method where receipts are recorded during the period they are received, and expenses are recorded in the period in which they are actually paid. ... The other is accrual accounting, where revenue and expenses are recorded when they are incurred. The accounts relating to all assets and properties are called real accounts. Personal Account: The accounts relating to induviduals, firms, associations or companies are known as personal account. Nominal Account: The accounts relating to expenses, losses, incomes and gains are known as nominal accounts. Name: Nwosu Arinze Chukwudi Reg number: 65869825ij program of study: B.sc Banking and finance Levl: 100L Department: Accounting And Finance College: Management Sciences QUESTION NUMBER 1 Cash accounting is an accounting method where receipts are recorded during the period they are received, and expenses are recorded in the period in which they are actually paid. ... PERSONAL ACCOUNT: these accounts are related to individuals, firms, companies, etc. A few examples of personal accounts include debtors, creditors, banks, outstanding/prepaid accounts, accounts of credit customers, accounts of goods suppliers, capital, drawings, etc. personal account represent individuals business firms or any legal entity e.g non profit organization governments at different levels. In personal accounts you debit the receiver and credit the giver. 2: CASH ACCOUNT: This is the set of ACCOUNT that record details of all amount paid or received in cash in arrangement for payment by custom
This project treats about the effect of slum on value of residential properties in cross rivers.A slum is a heavily populated urban informal settlement characterized by substandard housing and squalor. While slums differ in size and other characteristics, most lack reliable sanitation services, supply of clean water, reliable electricity, law enforcement and other basic services. Slum residences vary from shanty houses to professionally built dwellings that because of poor-quality construction or provision of services have deteriorated into slums.Slums form and grow in many different parts of the world for many different reasons. Some causes include rapid rural-to-urban migration, economic stagnation and depression, high unemployment, poverty, informal economy, poor planning, politics, natural disasters and social conflicts. Strategies tried to reduce and transform slums in different countries, with varying degrees of success, include a combination of slum removal, slum relocation, slum upgrading, urban planning with citywide infrastructure development, and public housing.we have so many causes that create and expand slums Rural–urban migration. Urbanization. Poor house planning. Colonialism and segregation. Poor infrastructure, social exclusion and economic stagnation. Informal economy. Poverty. Politics. Another reason slums develop is bad governance. ... They believe that if they provide urban services to the poor, it will attract urbanisation and cause the slums to grow. The problem with this view is that very few people come to the city for water or services—they come looking for work. This project treats about the effect of slum on value of residential properties in cross rivers.This project treats about the effect of slum on value of residential properties in cross rivers.A slum is a heavily populated urban informal settlement characterized