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This book presents concepts simply, while ensuring the best, most accurate coverage. College Accounting is designed to make accounting understandable to virtually everyone without sacrificing substance and technical correctness. A step-by-step, straightforward approach helps readers build practical accounting skills that are needed when entering the world of work. The book presents simple topics first and gradually builds to more advanced topics, so learners are not overwhelmed. The narrative approach covers the basic foundation of accrual accounting, including accounting for taxes, using simple service company examples.
Table of Contents
Accounting for a Service Business
Introduction to Accounting
Analyzing Transactions: the Accounting Equation
The Double-Entry Framework
Journalizing and Posting Transactions
Adjusting Entries and the Work Sheet
Appendix: Depreciation Methods
Financial Statements and the Closing Process
Appendix: Statement of Cash Flows
Comprehensive Problem 1: the Accounting Cycle
Accounting for Cash and Payroll
Accounting for Cash
Appendix: Internal Controls
Payroll Accounting: Employee Earnings and Deductions
Payroll Accounting: Employer Taxes and Reports
Table of Contents provided by Publisher. All Rights Reserved.