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What financial records are maintained in an ECDE centre?

Give the financial records maintained in an ECDE centre.

Answers

Maurice
(i) Bank books.
Documents that show financial transactions between persons/ institutions and the bank/ indicate opening amount and the current amount.

(ii) Payment voucher.
Booklet that indicates money paid for goods ordered for services rendered to the school/ person.

(iii) Cash book.
Is a record book that shows cash received and cash spent.

(iv) Receipt book.
A type of booklet printed in duplicate written using carbon papers to show that cash has been received for goods delivered/ services rendered.

(v) Cheque book.
Written order by an account holder such as a school/ individual asking the bank to pay a given sum of money on its face to a named person/ firm/ institution/ bearer.

(vi) Inventory book.
A book where the movement of equipment is recorded upon issuance use/ return after use.
maurice.mutuku answered the question on August 30, 2017 at 12:08

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