Book Description

An ideal key to mastering bookkeeping and accounting essentials, this book also offers practical guidance. It teaches the real-world applications of the concepts discussed via a broad range of 724 answered questions and problems with detailed solutions. Students will also find abundant examples of different types of ledgers and worksheets and how they're used. The exams included, typical of those given at the high school and 2- and 4-year college levels, provide an excellent opportunity to check understanding and boost test performance.


From the Back Cover

Master bookkeeping and accounting with Schaum's­­the high-performance study guide. It will help you cut study time, hone problem-solving skills, and achieve your personal best on exams! Students love Schaum's Outlines because they produce results. Each year, hundreds of thousands of students improve their test scores and final grades with these indispensable study guides. Get the edge on your classmates. Use Schaum's!

If you don't have a lot of time but want to excel in class, this book helps you: Brush up before tests Find answers fast Study quickly and more effectively Get the big picture without spending hours poring over lengthy textbooks

Schaum's Outlines give you the information your teachers expect you to know in a handy and concise format­­without overwhelming you with unnecessary details. You get a complete overview of the subject. Plus, you get plenty of practice exercises to test your skill. Compatible with any classroom text, Schaum's let you study at your own pace and remind you of all the important facts you need to remember­­fast! And Schaum's are so complete, they're perfect for preparing for graduate or professional exams.

Inside, you will find: Easy-to-understand explanations of bookkeeping and accounting concepts 537 fully solved problems, with step-by-step solutions 187 summary questions to further challenge you; Hundreds of additional practice problems, with answers supplied Five complete exams for testing yourself

If you want top grades and thorough understanding of bookkeeping and accounting, this powerful study tool is the best tutor you can have!

Chapters include: Part I: The Bookkeeping Cycle Assets, Liabilities, and Capital Debits and Credits: The Double-Entry System Journalizing and Posting Transactions Financial Statements Adjusting and Closing Procedures Examination I Part II: Special Journals, Ledgers, and the Worksheet Repetitive Transactions­­the Sales and the Purchases Journals The Cash Journal Summarizing and Reporting via the Worksheet Examination II Part III: Merchandising The Merchandising Company Costing Merchandise Inventory Pricing Merchandise Examination III Part IV: Specific Bookkeeping & Accounting Topics Negotiable Instruments Controlling Cash Payroll Property, Plant, and Equipment: Depreciation Examination IV Part V: Other Business Organizations The Partnership The Corporation Examination V Appendix: Mathematics Glossary of Bookkeeping and Accounting Terms

ANNOTATION

Focusing on practical accounting as opposed to theoretical accounting, this revised and updated text covers all basic elements in the field. Comprehensive review problems help increase student's understanding.

FROM THE PUBLISHER

An ideal key to mastering bookkeeping and accounting essentials, this book also offers practical guidance. It teaches the real-world applications of the concepts discussed via a broad range of 724 answered questions and problems with detailed solutions. Students will also find abundant examples of different types of ledgers and worksheets and how they're used. The exams included, typical of those given at the high school and 2- and 4-year college levels, provide an excellent opportunity to check understanding and boost test performance.

SYNOPSIS

Master bookkeeping and accounting with Schaum's­­the high-performance study guide. It will help you cut study time, hone problem-solving skills, and achieve your personal best on exams! Students love Schaum's Outlines because they produce results. Each year, hundreds of thousands of students improve their test scores and final grades with these indispensable study guides. Get the edge on your classmates. Use Schaum's!

If you don't have a lot of time but want to excel in class, this book helps you: Brush up before tests Find answers fast Study quickly and more effectively Get the big picture without spending hours poring over lengthy textbooks

Schaum's Outlines give you the information your teachers expect you to know in a handy and concise format­­without overwhelming you with unnecessary details. You get a complete overview of the subject. Plus, you get plenty of practice exercises to test your skill. Compatible with any classroom text, Schaum's let you study at your own pace and remind you of all the important facts you need to remember­­fast! And Schaum's are so complete, they're perfect for preparing for graduate or professional exams.

Inside, you will find: Easy-to-understand explanations of bookkeeping and accounting concepts 537 fully solved problems, with step-by-step solutions 187 summary questions to further challenge you; Hundreds of additional practice problems, with answers supplied Five complete exams for testing yourself

If you want top grades and thorough understanding of bookkeeping and accounting, this powerful study tool is the best tutor you can have!