TABLE OF CONTENT

Title Page…………………………………………………………        i

Certification…………………………………………………….            .ii

Dedication………………………………………………………           iii

Acknowledgement……………………………………………..           iv

Table of Content………………………………………………            vi

CHAPTER ONE

INTRODUCTION

1.0     Background of the Study……………………………..             1

1.1     Statement of the Problem……………………………..            2         

1.2     Objective of the Hypothesis ………………………………….3         

1.3     Significance of the Study………………………………           5

1.4     Scope and Limitation of the Study…………………..             5

1.5     Organization of the Study…………………………….             6

1.6     Definition of Terms……………………………………...           6

CHAPTER TWO

LITERATURE

2.0     Role of Accounting over the Year……………………..          8

2.1     Role of accounting in the Banking Industry……….               12

2.2     Stamp Duty Accounts…………………………………..           14

2.3     Expenses Concepts………………………………………        15

2.4     Accounting Concepts…………………………………….         17

2.5     Mainstreet and its Dissemination of Information                   28

2.6     Types of Accounting Information……………………...           32

2.7     User of Accounting Information…………………........            33

2.8     Historical Background of Mainstreet Bank                             34

2.9     Organization Structure of the Bank                                        36

CHAPTER THREE

RESEARCH METHODOLOGY

3.0     Introduction                                                                                41

3.1     Source of Data Collection………………………………..        41

3.2     Data Analysis                                                                            42

CHAPTER FOUR

PRESENTATION AND ANALYSIS OF DATA

4.1     Introduction……………………………………………….         44

4.2     Data Presentation ………………………………...                   44

4.3     Data Analysis ………………………………….….                   49

4.4     Tests of Hypothesis………………………………………        55

4.5     Discussion of findings…………………………………..           60

CHAPTER FIVE

5.0     Summary Recommendations and Conclusion………          61

5.1     Summary……………………………………………………      61

5.2     Conclusion………………………………………………….       62

5.3     Recommendation………………………………………….       63

5.4     References ……………………………………………………  65

CHAPTER ONE

INTRODUCTION

1.0.    BACKGROUND OF THE STUDY

Accounting is so persuasive, and the understanding of its usefulness is desirable. It has been called the “language of business”. The history of accounting is an internal one the double entry book-keeping concept which is generally regarded as the genesis of accounting comes from the Italian city states of the fourteenth and fifteenth centuries. Book-keeping after the Italian fashion, then migrated to Germany to assist. The merchants of the tugger Era and the Asian league almost simultaneously. Some Duton business Pnilosophers Sharped ways of calculating period income and same Frenchmen also, made use of the whole system to government planning and accountability. Not long, the double-entry accounting idea. The British worlds economic position in the seventeenth and eighteenth countries made one an ideal missionary on behalf of an account. Their influence spread the flag of accounting to North America and the British. Common wealth as it existed then. Dutch thus, carried the brand of accounting that they had developed at home to Indonesia and other places. Yet is serving people and organizations internationally.

1.1     STATEMENT OF THE PROBLEMS.

The shareholders of a firm entrust their resources in care of management and reported. These resources to be efficiently utilized. At the end of every accounting year, a stewardship report is given to the shareholders inform of financial statement which shows the position of their investment.