Enhanced descriptions from Syndetics:

Known as the 'Bible' of accounting this book offers a thorough introduction to financial accounting. Full coverage of special accounting procedures and partnerships are retained in this modernized version of the two volumes, logically taking the reader through a typical first year course. Business Accounting is the world's best-selling textbook on bookkeeping and accounting. It gives clear explanations, in straightforward language, with a wealth of worked examples and a large number of questions and answers. These features have made it for many years the number one choice for both students and lecturers. Literally millions of students have studied and passed accounting examinations using Business Accounting. Activities designed to broaden and reinforce students' understanding of concepts Glossary defining key terms and concepts, referenced to the chapter in which they appear Sets of 20 multiple choice questions positioned in the book at relevant points, with answers given in Appendix 2 Notes for Students to help them with their studies and examinations

Table of contents provided by Syndetics

• Notes for Teachers and Lecturers
• Notes for Students
• Part 1 Introduction To Double Entry Bookkeeping
• 1 The accounting equation and the balance sheet
• 2 The double entry system for assets, liabilities and capital
• 3 The asset of stock
• 4 The effect of profit or loss on capital and the double entry system for expenses and revenues
• 5 Balancing of accounts
• 6 The trial balance
• Part 2 The Financial Statements Of Sole Traders
• 7 Trading and profit and loss accounts: an introduction
• 8 Balance Sheets
• 9 Trading and profit and loss accounts and balance sheets: further considerations
• 10 Accounting Concepts
• Part 3 Books Of Original Entry
• 11 Books of original entry and ledgers
• 12 The banking system
• 13 Cash books
• 14 The sales day book and the sales ledger
• 15 The purchases day book and the purchases ledger
• 16 The returns day books
• 17 The journal
• 18 The analytical petty cash book and the imprest system
• 19 Value added tax
• 20 Columnar day books
• 21 Employees' pay
• 22 Computers and accounting
• 23 Computerised accounting systems
• Part 4 Adjustments For Financial Statements
• 24 Capital and revenue expenditure
• 25 Bad debts, provisions for doubtful debts, provisions for discounts on debtors
• 26 Depreciation of fixed assets: nature and calculations
• 27 Double entry records for depreciation
• 28 Accruals and prepayments and other adjustments for financial statements
• 29 The valuation of stock
• 30 Bank reconciliation statements
• 31 Control accounts
• 32 Errors not affecting trial balance agreement
• 33 Suspense accounts and errors
• Part 5 Special Accounting Procedures
• 34 Introduction to accounting ratios
• 35 Single entry and incomplete records
• 36 Receipts and payments accounts and income and expenditure accounts
• 37 Manufacturing accounts
• 38 Departmental accounts
• 39 Cash flow statements
• 40 Joint venture accounts
• Part 6 Partnership Accounts And Company Accounts
• 41 Partnership accounts: an introduction
• 42 Goodwill for sole traders and partnerships
• 43 Revaluation of partnership assets
• 44 Partnership dissolution
• 45 An introduction to the financial statements of limited liability companies
• 46 Purchase of existing partnership and sole traders' businesses
• Part 7 An Introduction To Financial Analysis
• 47 An introduction to the analysis and interpretation of accounting statements
• Part 8 An Introduction To Management Accounting
• 48 An introduction to management accounting
• Appendices
• 1 Answers to review questions
• 2 Answers to multiple-choice
• 3 Glossary
• Index