Synopses & Reviews
Essentials of Accounting is designed for the basic accounting or bookkeeping course found at career or community colleges. In only eight chapters, this brief book presents an accounting system suitable for use in any business office that is not involved with inventories of goods for resale or for use in manufacturing products for resale. Lawrence and Ryan cover the basics necessary for accounting in a business: the accounting cycle, cash and payroll accounting.
About the Author
Joan Ryan has taught personal finance for more than 20 years. While teaching at Willamette High School in Eugene, Oregon, she developed the original personal finance course materials for publication. Dr. Ryan currently is a faculty member in the business department at Clackamas Community College, Portland, OR. She also teaches accounting at Portland State University and is a Certified Managerial Accountant.
Table of Contents
Chapter 1 THE NATURE OF ACCOUNTING MODULE 1A The Accounting Equation and Financial Statements MODULE 1B The Double-Entry System of Accounting Chapter 2 ACCOUNTING PROCEDURE MODULE 2A Journalizing and Posting MODULE 2B Trial Balance and Financial Statements Chapter 3 THE END-OF-PERIOD WORK SHEET MODULE 3A The Accounting Cycle and the Work Sheet MODULE 3B Prepare Financial Statements with the Aid of a Work Sheet Chapter 4 ADJUSTING, CLOSING, AND REVERSING ENTRIES MODULE 4A The Adjusting Entries MODULE 4B The Closing Entries MODULE 4C The Reversing Entries Chapter 5 ACCOUNTING FOR CASH MODULE 5A Accounting for Cash MODULE 5B Banking Procedures Chapter 6 PAYROLL ACCOUNTING MODULE 6A Employee Earnings and Deductions MODULE 6B Employer Payroll Taxes Chapter 7 ACCOUNTING FOR PERSONAL SERVICES ( ATTORNEYS) Chapter 8 ACCOUNTING FOR PERSONAL SERVICES ( PHYSICIANS AND DENTISTS) CHECK FIGURES GLOSSARY INDEX iv Brief Contents