Accounting Demystified

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ISBN: 9780814407905, 0-8144-0790-0

Size: 755 kB (773107 bytes)

Pages: 189/189

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Jeffry R. Haber9780814407905, 0-8144-0790-0

For new students of accounting, entry-level accounting professionals, and business professionals whose own work relates directly to the numbers on the ledger, a basic understanding of core accounting functions and documents is critical. Accounting Demystified provides a simple and straightforward description of universal elements of the accounting process, plus accessible tutorials in creating, interpreting, and using financial statements. Haber’s clear language will let readers:* understand accounting basics * find errors quickly * prepare accurate financial statements * analyze financial documents * determine the financial health of a business * prepare a financial prospectus for potential investors and lenders From the classroom to the back room to the board room, Accounting Demystified serves as a valuable primer on the basics of accounting and the purposes they serve.

Table of contents :
Contents……Page 2
Acknowledgments……Page 10
1 Introduction……Page 14
2 Financial Statements……Page 17
3 The Accounting Process……Page 26
4 Making the Entries……Page 38
5 Assets……Page 43
6 Cash……Page 45
7 Accounts Receivable……Page 54
8 Inventory……Page 65
9 Prepaid Expenses……Page 79
10 Other Receivables……Page 81
11 Fixed Assets……Page 85
12 Intangible Assets……Page 98
13 Liabilities……Page 102
14 Accounts Payable……Page 105
15 Other Payables……Page 108
16 Stockholders’ Equity……Page 112
17 Merchandising Companies……Page 120
18 Adjusting and Closing Entries……Page 131
19 Specialized Journals……Page 142
20 Statement of Cash Flows……Page 149
21 Ratio Analysis……Page 156
Glossary……Page 164
Index……Page 180

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