a study of account books maintained by mahila bachat gat in your area and preparation of financial report
Answers
Mahila Bachat Ghat is term specifically used in Mahatashtra state of India and is called Self Help Group in English. The account books maintained by Mahila Bachat ghat are -
1) Admission Register - Provides financial status record of the members at the time of admission in the group.
2) Attendance Register - to record the number of members present in the meeting of the group.
3) Minutes Register - to record the minutes/ duration of meeting.
4) Individual Members Pass Book - to strength the habit of saving money among the members of the group and to identify the economic condition of the group member.
5) Receipt and Payment Voucher - Receipt voucher acknowledges the incoming money in the group. Payment voucher acknowledges the outgoing money to the members or others outside the group.
please refer a attached sample image for better understanding
One needs to consider the books of records that are identified with the Mahila Bachat Gat to comprehend the entire viewpoint identified with the functional methodology of the bookkeeping framework.
The techniques are gathering premise and money premise.
The records are commonly kept up according to the records, diaries, preliminary parity, and the backup books.
The exchanges are secured according to their end of record consistently.