An introduction to book-keeping and accounting. It is designed for students taking the following examinations: LCCI Book-keeping (First and Second levels); Pitman Book-keeping and Accounts (Elementary and Intermediate); RSA Accounting (Stage II); GCSE Accounting; and ACCA (Foundation stage). It also covers the book-keeping and accounting skills required for an Intermediate or Advanced GNVQ (Vocational GCSE or Vocational A Level) in Business Studies, and should be helpful to those starting A Level Accounting or taking pre-vocational courses in business and finance, distribution or public administration.;The text has been fully revised and updated for this third edition, and each unit now concludes with a new self-contained Revise and Test section to enable students to assess their own progress and understanding.
Table of Contents:
Accounting to the trial balancea more detailed look at the ledgermore advanced accounting to the trial balanceaccounting to final accounts level 1 - the trial balanceaccounting to final accounts level 2 - the gross profit on tradingaccounting to final accounts level 3 - the net profit on enterpriseaccounting to final accounts level 4 - the balance sheet of the businessaccounting to final accounts level 5 -exercises to final accounts levelbooks of original entry 1 - journals and day booksbooks of original entry 2 - the three-column cash bookbooks of original entry 3 - the petty cash bookbooks of original entry 4 - the journal properbooks of original entry 5 - more on the journal properlimitations of the trial balanceshort cuts on day book entriesbank reconciliation statementscapital and revenue expenditure and receiptsa full set of accountscolumnar booksthe bank cash bookstock valuationadjustments in final accountspartnership accountsnon-profit-making organizationsmanufacturing accountsincomplete recordsthe accounts of companiesinterpreting final accountsdepartmental accountscontrol accountsamalgamationspurchase of a businessaccounting for Bills of Exchangethe basic principles of accounting. Appendices: objective test questionsshort answer questions.