Synopses & Reviews
This introduction to bookkeeping for beginning business students demonstrates the use of financial statements, the ledger, the two-column general journal, and other journals normally used in business operations. This book offers helpful instruction both to business students and owners of small businesses. True-to-life bookkeeping problems with answers are presented throughout the text. Barron's continues its ongoing project of improving, updating, and giving contemporary new designs to its popular Easy Way books, now re-named Barron's E-Z Series. The new cover designs reflect the books' brand-new page layouts, which feature extensive two-color treatment, a fresh, modern typeface, and many more graphics. In addition to charts, graphs, and diagrams, the graphic features include instructive line illustrations, and where appropriate, amusing cartoons. Barron's E-Z books are self-teaching manuals designed to improve students' grades in many academic and practical subjects. In most cases, the skill level ranges between senior high school and college-101 standards. In addition to their self-teaching value, these books are also widely used as textbooks or textbook supplements in classroom settings. E-Z books review their subjects in detail and feature short quizzes and longer tests to help students gauge their learning progress. All exercises and tests come with answers. Subject heads and key phrases are set in a second color as an easy reference aid.
This updated edition presents a simplified, step-by-step approach to bookkeeping principles for beginners. The book also concentrates on instructing owners of small businesses who keep their own records. Chapters demonstrate use of financial statements, the ledger, the two-column general journal, and various other journals. Instruction includes true-to-life bookkeeping problems with answers.
Chapters demonstrate the use of financial statements, the ledger, the two-column general journal and more for beginning business students and owners of small businesses who keep their own records.
Bookkeeping makes sense when you approach it the E-Z way! Open this book for a clear, concise, step-by-step review of:
Financial statements The ledger The two-column general journal Setting up special journals Applying bookkeeping principles to business operations
Measure your progress as you gain a command of bookkeeping: Develop your bookkeeping skills as they relate to business functions Take each chapter's quizzes and check your answers
And discover that learning bookkeeping can be E-Z!
Table of Contents
PART ONE: THE BOOKKEEPING CYCLE1 Assets, Liabilities, and Owner's Equity 2 Owner's Equity Accounts 3 Recording Transactions in a
General Journal 4 The General Ledger and
Trial Balance 5 Adjusting Entries 6 Financial Statements 7 Closing Entries
PART ONE EXAMINATION
PART TWO: BOOKKEEPING IN A
BUSINESS8 Cash and the Petty Cash Fund 9 The Purchases Journal 10 Cash Disbursements Journal 11 The Sales Journal 12 Cash Receipts Journal 13 Discounts and Returns 14 The Month-End Process for
a Retailer 15 Computerized Bookkeeping
PART TWO EXAMINATION
PART THREE: ANSWERS