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This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields.
use the accounting rules or concepts to analyse case studies and real business events. interpret and evaluate accounting statements, systems and reports. providing a means of developing a critical and analytical approach to quantative problems. apply numeric skills required for Accounting.
The text begins by explaining the role of financial accounting in society, and then describes the underlying structure of double entry accounting systems and the process of recording economic events that impact the value of the organization through the journals and the ledger.
This textbook covers a very comprehensive view of financial accounting in just 7 chapters. That is great for schools that have 8 week online courses. Each chapter is broken into sections of content that help the material be a smoother and easier...
Accounting is the bookkeeping methodology involved in creating a financial record of all business transactions and in preparing statements concerning the assets, liabilities and operating results of the business. Accounting methods and terms have standard rules known as: Generally Accepted Accounting Principles (GAAP) Page 2 of 4.
Accounting Cycle for the Service Business—Cash Basis 1.1 INTRODUCING ACCOUNTS AND BALANCES Accounting may be defined as the process of analyzing, classifying, recording, summarizing, and interpreting business transactions. One of the key aspects of the process is keeping “running totals” of “things.” Examples of items a business might
Accounting, Survey of Financial and Managerial Accounting, Auditing Theory and Practice, Principles of Financial and Managerial Accounting , and Computerized Accounting with Peachtree Complete III .
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