Includes clear illustrations and examples of all of the following and much more:
Accounting Simplified will show you everything from bookkeeping basics and bookkeeping for small business all the way to more advanced topics in financial accounting. Whether you want an overview of accounting principles and financial accounting, or you want a deeper dive into intermediate accounting beyond the technical explanations in the classroom, this accounting book can act as a handy accounting study guide to cut through the classroom clutter, or as a standalone accounting book for small business.
- The significance of the accounting equation.
- How to prepare journal entries, with a full explanation of debits and credits.
- The cash method vs. the accrual method of accounting.
- How to prepare and read the financial statements.
- How to compute inventory and cost of goods sold.
- How to calculate depreciation and amortization expenses, with the advantages and disadvantages of various depreciation methods.
- The entire accounting cycle.
- Complete financial statement analysis.
- How to calculate and use financial ratios.
- How to measure and use retained earnings, stockholders' equity, and treasury stock.
- Accounting terms defined and illustrated.
Bonus Material
- Accounting and the financial crisis.
- Payroll and taxes, spotting accounting fraud, and more!
Accounting Simplified will show you everything from bookkeeping basics and bookkeeping for small business all the way to more advanced topics in financial accounting. Whether you want an overview of accounting principles and financial accounting, or you want a deeper dive into intermediate accounting beyond the technical explanations in the classroom, this accounting book can act as a handy accounting study guide to cut through the classroom clutter, or as a standalone accounting book for small business.
