Balance the books — without all the headaches!
Trying to get certified and become an accountant? Own a small business but need a little help balancing your books? Don’t worry! This hands-on guide provides the learning and vital practice you need to master important accounting concepts and basics. Perfect as a companion workbook for Accounting For Dummies — or any other accounting textbook — Accounting Workbook For Dummies gives you a wealth of real-world examples, demonstration problems, and handy exercises. With this helpful resource as your guide, you’ll master balance sheets, income statements, and budgets in no time!
100s of Problems!
* Record transactions, track costs, and manage accounts
* Open and close bookkeeping cycles
* Analyze business performance and profit
* Choose the right accounting method
* Master investment accounting fundamentals
* Understand manufacturing cost accounting
Jadual kandungan
Introduction 1
Part I: Business Accounting Basics 5
Chapter 1: Elements of Business Accounting 7
Chapter 2: Financial Effects of Transactions 27
Chapter 3: Getting Started in the Bookkeeping Cycle 47
Chapter 4: The Bookkeeping Cycle: Adjusting and Closing Entries 75
Part II: Preparing Financial Statements 97
Chapter 5: The Effects and Reporting of Profit 99
Chapter 6: Reporting Financial Condition in the Balance Sheet 119
Chapter 7: Coupling the Income Statement and Balance Sheet 143
Chapter 8: Reporting Cash Flows and Changes in Owners’ Equity 159
Chapter 9: Choosing Accounting Methods 177
Part III: Managerial, Manufacturing, and Capital Accounting 201
Chapter 10: Analyzing Profit Behavior 203
Chapter 11: Manufacturing Cost Accounting 229
Chapter 12: Figuring Out Interest and Return on Investment 259
Part IV: The Part of Tens 287
Chapter 13: Ten Things You Should Know About Business Financial Statements 289
Chapter 14: A Ten-Point Checklist for Management Accountants 295
Index 301
Mengenai Pengarang
John A. Tracy is a former accountant and professor of
accounting. He is also the author of Accounting For Dummies.