Content outline –it happens many time when in market
Exchanges of goods and services with money are happening in every business. Anentrepreneur must be aware, if he is making profit or loss. Maintaining accounts of alltransaction is very much important in daily business. It is also required for audit andGovt. taxation purpose. Banks needs audited information while evaluating loanproposals. Therefore it is very much important to learn about accounts to becomesuccessful.
After going through this unit , the learner will be able to:
. Prepare an Estimate2. Prepare a budget3. Maintain cash-flow statement
Activities to be performed by learner with this OER
Prepare a costing of a Coconut Peeler
Prepare a cash flow statement for poultry having 500 birds
Give me it in30 Rupees
Seller –No nothe production
cost of the basket ismore than 40rupees
Seller – 50rupees
Thenkeeps it I don’t havethat much budget
Customer- Whatis a cost of thisbasket?