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Accounting Cycle (50-Minute Series)

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Accounting Cycle (50-Minute Series) Cover

 

Synopses & Reviews

Publisher Comments:

Written for the beginner, this concise guide maps out the accounting cycle: balance sheets, income statements, ledger transactions, trial balances, and closing entries. Ideal for small or new businesses, this book explains single-entry and double-entry accounting and cash versus accrual accounting.

Table of Contents

Introduction Part 1: Overview of the Accounting Cycle The Accounting Cycle Steps in the Accounting Cycle Temporary and Permanent Accounts Part 2: Cash or Accrual Accounting? Cash or Accrual Accounting? Part 3: Basic Recordkeeping Systems Setting Up the Books The Chart of Accounts Key Word Recognition Single-Entry Recordkeeping Double-Entry Recordkeeping A Few Recordkeeping Techniques Part 4: Ledger and Journal The Ledger The Trial Balance The Journal Part 5: Adjusting Entries General Rules for Adjusting Entries Adjusting Entries Adjusting Current Assets Adjusting Current Liabilities Adjusting Accrued Expense Adjusting Accrued Revenue Part 6: Closing Entries Closing Entries--An Overview Temporary and Permanent Accounts The Four Basic Entries to Closing Accounts The Post-Closing Trial Balance Part 7: The Balance Sheet and Income Statement Preparation of the Financial Statements The Balance Sheet and Income Statements The Balance Sheet The Income Statement Sample Income Statement and Balance Sheet Part 8: Special Consideration: Inventory The Basic Difference of a Merchandise Company Decisions About Inventory Comparison of Inventory Flow Methods Part 9: Business Decisions Introduction Appendix Solutions to the Self-Tests

Product Details

ISBN:
9781560526674
Author:
Jacquet, Jay
Author:
Miller, William C.
Author:
Miller, Jr., William C.
Author:
Jacquet, Jay L.
Author:
Jr., William C. Miller
Author:
Miller, G. Tyler
Publisher:
Axzo Press
Location:
Menlo Park, CA
Subject:
General
Subject:
Entrepreneurship
Subject:
Accounting
Subject:
Accounting - General
Subject:
General Computers
Subject:
Business-Accounting and Finance
Copyright:
Edition Number:
Rev. ed.
Edition Description:
Revised
Series:
50-Minute Series
Series Volume:
PTN-45.
Publication Date:
March 2002
Binding:
TRADE PAPER
Grade Level:
Professional and scholarly
Language:
English
Illustrations:
Yes
Pages:
128
Dimensions:
10.06x8.10x.28 in. .58 lbs.

Related Subjects

Business » Accounting and Finance
Business » Small Businesses » General
Business » Start Up Business
Computers and Internet » Computers Reference » General

Accounting Cycle (50-Minute Series)
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Product details 128 pages Crisp Publications - English 9781560526674 Reviews:
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