Basic Accounting Concepts, Principles and Procedures, Vol. 1
Basic Accounting Concepts, Principles, and Procedures Volumes 1 and 2 together provide the student and self-study user the most complete introduction to basic accounting available, at a price that ensures outstanding value. Together, both volumes and included disks provide a package that contains all the individual resources that are typically required of a student in a first-course accounting class, plus extra content that serves both as enrichment and as a practical resource. The two volumes together include: * Academic-quality texts with comprehensive content explained in an easy-to-understand, step-by step style * Templates that provide a printable unlimited supply of accounting paper including worksheets, general journal, special journals, and ledger accounts * Practice sets for both merchandising and service businesses * End of chapter reviews with hundreds of review questions and reinforcement problems * Detailed solutions to questions, problems, and practice sets * Cumulative practice tests with solutions and review guidance * Internet exercises to guide the reader in building an Accounting Resources folder. Supplmental Content: Special tips and practical help, such as a checklist for accounting software, what to do when you cannot balance the checkbook (bank reconciliation) and accounting ethics guidelines; comprehensive basic math review, beginning at the most elementary level and continuing through decimals, percentages, signed numbers, order of operations, fractions, and basic algebra, all with problems and solutions; alternative recording techniques and error correction methods. Volume 1 begins by introducing the reader to essential business concepts and business types. This is followed by an overview of the accounting process and in-depth training in transaction analysis. This approach makes it much easier for the reader to understand the procedures in a basic accounting system, particularly the use of debits and credits, than with traditional texts. After this preparation, the text explains the essential elements and procedures of a basic accounting system: chart of accounts, debits/credits, journal, ledger and ledger accounts, posting process, trial balance, and preparation of financial statements from trial balance. The final section of the book provides a comprehensive introduction to corporate accounting. This includes an explanation of the corporate entity, corporate stock transactions, stockholder equity changes, and corporate financial statements.
Specifications of Basic Accounting Concepts, Principles and Procedures, Vol. 1
|Author||Gregory R. Mostyn|
|Publisher||Worthy & James Publishing|
|Number Of Pages||671|
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