Business accounting 1 [printed text] / Frank Wood, Author ; Alan Sangster, Author  . -  12th ed. . - Harlow, Essex : Pearson Education, 2012 . -  ; 25cm.
ISBN : 978-0-273-75928-7

Class number:	657
Abstract:	Every year, thousands of students rely on Frank Wood's best-selling books to help them pass their accountancy exams. Used on a wide variety of courses in accounting and business, both at secondary and tertiary level and for those studying for professional qualifications, Business Accounting Volume 1has become the world’s best-selling textbook on bookkeeping and accounting.
Contents note:	Part 1 Introduction to double energy bookkeeping: 1. the accounting equation and the stement of financial position; 2. the double entry system for assets, liabilities and capital inventory; 3. Inventory; 4. the effect of profit or loss on capital and the double entry system for expenses and revenues; 5. Balancing-off accounts; 6. The trial balance. Part 2 The financial statements of sole traders: 7. Income statements: and introduction; 8. Statements of financial position; 9. Income statements and statements of financial position: further; 10. Accounting concepts and assumptions. Part 3 Books of original entry: 11. Books of original entry and ledgers; 12. The banking system in the UK; 13. Cash books; 14. Sales day book and sales ledger; 15. Purchases day book and purchases ledger; 16. Returns day book; 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. Computerized accounting systems. Part 4 Adjustments for financial statements: 24. Capital expenditure and revenue expenditure; 25. Bad debts, allowances for doubtful debts, and provisions for discounts on accounts receiveable; 26. Depreciation of non-current assets: nature and calculations; 27. Double entry records for depreciation; 28. Accruals and prepayments and other adjustments for financial statements; 29. The value of inventory; 30. Bank reconciliation and statements 31. Control accounts; 32. Errors not affecting the balancing of the trial balance; 33. Suspense accounts and errors. Part 5 Special accounting procedure: 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. Statements of cash flows; 40. Joint venture accounts. Part 6 Partnership accounts and company accounts: 41. Partnership accounts: an introduction; 42. Goodwill for sole proprietors and partnership; 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 proprietor 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.