This project work is objectively designed to reflect the roles of small scale business to the growth and the development of the economy with a specific focus on Emaz Supermarket. The topic was chosen Evaluation of the need for accounting record in a small scale business enterprise in Nigeria. As regards to the instrument use in the study. The common instrument use in questionnaire. Thirty questionnaires were distributed. Primary and secondary dates were used in getting the necessary information needed for the study. In order to achieve the stated objectives the study used simple percentage and chi-squire(x2) method and established that Evaluation of the need for Accounting record in small scale book keeping, help to determine the profitability of a business concern and proper management of the business. It recommended that proper accounting system and book keeping should be in place for effective and efficient operation of small scale business. 

TABLE OF CONTENTS

Title Pagei

Certification ii

Dedication iii

Acknowledgementiv

Abstractvi

Table of contentsvii

Chapter one 

1.0Introduction1

1.1Background of the study1

1.2Brief History of the organization (Emaz Supermarket) 3

1.3Statement of the problem 3

1.4.1Problem of small scale business in Nigeria3

1.4.2Importance of small business in Nigeria4

1.4.3Government effort at development of business in Nigeria 5

1.5Research Question7

1.6Objective of the study7

1.7Scope of the Study8

1.8Significance of the Study8

1.9Limitation of the Study9

1.10 Definition of Terms9

Chapter two

Literature Review11

2.1Definition and Scope of Small Scale11

2.2Importance of keeping accounting records in small business enterprises12

2.3Reason for keeping accounting records in small business enterprise 13

2.4Basic accounting, principles13

2.5Basic accounting concepts14

2.6Basic accounting convention15

2.7Classes of account17

2.8Various accounting records needed to be kept17

2.9Books of prime entry and their uses18

2.10Final account of small scale activities19

Chapter three

3.0Research Methodology21

3.1Introduction21

3.2Methods of data collection 21

3.3Questionnaire 24

3.4Population and sampling techniques25

3.5Method of data analysis 26

Chapter four 

4.0Finding the data Presentation 27

4.1Data analysis 27

4.2Analysis of questionnaire administered and return 28

4.3Test of interpretation of hypothesis34

Chapter five 

5.0Summary, Conclusion and Recommendation 39

5.1Summary39

5.2Conclusion 40

5.3Recommendation 40

Reference