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Accounting 101: Easy Accounting and Bookkeeping For Beginners

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eBay item number:184388601053
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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
ISBN
9781727370171
Book Title
Accounting 101: Easy Accounting and Bookkeeping for Beginners
Item Length
11in
Publisher
CreateSpace
Publication Year
2018
Format
Trade Paperback
Language
English
Item Height
0.4in
Author
Denver Pettigrew
Genre
Business & Economics
Topic
Accounting / General
Item Width
8.5in
Item Weight
17.5 Oz
Number of Pages
164 Pages

About this product

Product Information

The material in Accounting 101: Easy Accounting and Bookkeeping for Beginners, is based on a simple framework for teaching and learning accounting and bookkeeping, using activities related to the elements of a Simple Combined Chart of Accounting and Trial Balance shown throughout the book. Beginners tend to get overwhelmed at the number of concepts and principles to be learned in accounting textbooks and lose sight of the main reasons for each chapter. Therefore, a reminder, "What is the purpose of this chapter?" is included in the first few lines of each chapter so readers can see the purpose (of each chapter). Accountants and bookkeepers use a systematic step-by-step set of activities to record, update, and report on the financial activities of an organization, maintained in three main sets of financial records: (1) Journals (JEs), to initially record financial or economic business transactions; (2) General Ledger accounts (GL), to post the journal entries to the appropriate accounts; and (3) Financial statements including the balance sheet, income statement, statement of retained earnings, statement of changes in the owners' equity account, and statement of cash flows, to summarize the GL accounts and report on the operations and financial health of the organization. The terms firm, company, and organization are used interchangeably throughout the book. An easy step-by-step guide filled with examples ideal for beginners, including high-school seniors, new college students and other learners. Illustrations include: (a) The Chart of Accounts, General Journals, Special Journals, General Ledger Accounts, and Trial Balance. (b) Income Statement, Statement of Retained Earnings, Balance Sheet, and Statement of Changes in Owner's Equity. (c) Payroll & Payroll Accounting including publicly available IRS payroll forms from IRS.gov website, Cash Flows Statements, Bank Reconciliation, and Financial Ratios and Trend Analyses. (d) Can be used as a supplemental resource to introductory college accounting textbooks. As the famous far-eastern saying goes "a picture is worth ten thousand words," many examples, diagrams, and figures are used in the book to demonstrate simple accounting and bookkeeping concepts and practices used in the accounting and bookkeeping profession in the real world (Barnard, 1927). Creating journal transactions in a manual accounting system is emphasized to get readers familiar with the double-entry concept of accounting and the accounting equation, as this provides the foundation for all modern integrated computerized accounting systems. Dr. Pettigrew

Product Identifiers

Publisher
CreateSpace
ISBN-10
1727370171
ISBN-13
9781727370171
eBay Product ID (ePID)
8038598613

Product Key Features

Book Title
Accounting 101: Easy Accounting and Bookkeeping for Beginners
Author
Denver Pettigrew
Format
Trade Paperback
Language
English
Topic
Accounting / General
Publication Year
2018
Genre
Business & Economics
Number of Pages
164 Pages

Dimensions

Item Length
11in
Item Height
0.4in
Item Width
8.5in
Item Weight
17.5 Oz

Additional Product Features

Target Audience
Trade

Item description from the seller

Prepbooks

Prepbooks

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