| Introduction | |
An ideal key to mastering bookkeeping and accounting essentials, this book also offers practical guidance. It teaches the real-world applications of the concepts discussed via a broad range of 724 answered questions and problems with detailed solutions. Students will also find abundant examples of different types of ledgers and worksheets and how they're used. The exams included, typical of those given at the high school and 2- and 4-year college levels, provide an excellent opportunity to check understanding and boost test performance. | |
| About the author | |
Joel Lerner Joel Lerner has coauthored the Schaum's Outlines of Principles of Accounting I & II and Business mathematids and is the sole author of Bookkeeping for the Utterly Confused. He is also a financial lecturer for several Fortune 500 firms and has produced his own TV and radio series for fiteen years. | |
| Table of contents | |
Part I: The Bookkeeping Cycle. Assets, Liabilities, and Capital. Debits and Credits: The Double-Entry System. ournalizing and Posting Transactions. Financial Statements. Adjusting and Closing Procedures. Part II: Special Journals, Ledgers, and The Worksheet. Repetitive Transactions--The Sales and Purchases Journal. The Cash Journal. Summarizing and Reporting via the Worksheet. Part III: Merchandising. The Merchandising Company. Costing Merchandise Inventory. Pricing Merchandise. Part IV: Specific Bookkeeping & Accounting Topics. Negotiable Instruments. Controlling Cash. Payroll. Property, Plant and Equipment: Depreciation. Part V: Other Business Organizations. The Partnerships. The Corporation. | |
