xx, 411 p. : ill. ; 23 cm.
Includes bibliographical references and index.
Pt. 1: The foundations of accounting
Accounting for your business -- Mastering debits and credits -- Beginning the accounting cycle
Pt. 2: Accounting for a service business
Journalizing transactions -- Posting transactions and preparing a trial balance -- Adjustments and the worksheet -- Financial statements and the closing process
Pt. 3: Basic accounting procedures
Cash, banking, and internal controls -- Employee payroll and deductions -- Understanding payroll legalities -- Special journals: sales and cash receipts -- Special journals: purchases and cash disbursements
Pt. 4: Accounting for a merchandizing business
Merchandise inventory -- Adjustments and the worksheet for a merchandising business -- Finnacial statements and the closing process for a merchandising business
Appendix A: Depreciation
Appendix B: Income tax
When it comes to operating a small business, it doesn't matter how good the idea is if the accounting behind the operations isn't solid. Now readers have a resource that covers the accounting tools and strategies that will help them run a successful company. They'll gain a strong foundation in basic accounting and then progress to accounting strategies for service businesses. They'll also learn about basic accounting procedures and find ways to utilize accounting techniques for a merchandising business.
46.00 ACG (10-101-1)