73 pages [29 self-teaching + 44 self-quizzes with detailed answers]
Master double-entry bookkeeping/accounting in one short sitting —around 2 hours.
Ideal before you start any accounting course, for on-the-job training or to nail down a skill you may feel insecure about.
Section 1: How a business keeps track of its money. How bookkeeping measures every item and activity in dollars. The “chart of accounts” made easy. Self-quiz makes sure you really know it.
Section 2: Every transaction affects two or more accounts. When you buy a car your Asset—Car account goes up, but your Cash account goes down. When you buy an ad in the local paper, your Advertising Expense account goes up, but so does your Accounts Payable (bills that are payable later). Filled with examples. Double- quiz lets you practice as if you were on the job.
Section 3: Recording journal entries. Pick up the simple rules of double-entry bookkeeping. Which amounts go in which accounts and how to show this. Filled with examples. Double-quiz lets you practice until you know it cold.
Section 4: The general ledger accounts. Shows you what a ledger account looks like on a computer v. on paper. Explains how journal entries you learned go into the accounts. Now learn how to quickly find and retrieve financial information from the accounts—such as:
- your company’s cash balance
- your company’s sales for any month
- which bills your company has paid or not paid
And other financial information. Double-quiz lets you practice finding and retrieving financial information fast!
Section 5: The income statement and balance sheet. Snapshot of the financial statements and how they are compiled from the general ledger accounts.
Section 6: The accounting cycle. An overview of the accounting process from start to finish.
Publisher: AIPB
Great resource
This book was easy to understand!
Great books for self education.
The author of the book is very interested in the reader understanding the material and gives real-life examples. The book is written in a manner that is easy to grasp so that the reader can use the material right away.
learned a great deal, thank you thank you..
The double entry bookkeeping has really help me to further understand how to do double entry
I’m quite enjoyed reading this. The author does a good job in writing a lively and accessible book about what many might consider to be a somewhat dry subject.
Loved it! Great review for those of us who have been in the business for awhile. Easy to use workbook, worksheets and just a fun course. Thank you so much!
Basic introduction to bookkeeping that is a good reference.
Good starter, but too brief.
This book is very useful the way it explain it in every simplified way. It more easy to understand. Thanks, because bouble entering is very confusing to me.
Concise and useful.
Also a good book with many exercise and problems. I like that.
Used it to train self employed (do-it-yourselfers). I often train folk who want to use Quickbooks to bill their customers and write their checks to pay bills. So, some basic concept of bookkeeping language and process helps them stay on track – then I don’t have as much to “fix” come month end and reconciliation time.
Everything is so easy to read understand
understable and comprehensive
great information!
The book was very easy to follow and gave great insite to the bookkeeping processes.
Thought it would show more examples. But it was clear and concise.
Clear, simple and to the point. Very good refresher for those that have not had to do double entry bookkeeping in a while.
Presently clearly and concisely with adequate examples.
I love it. I have learned a lot
Great beginner’s guide.
Course was a good refresher for basics of double-entry bookkeeping learned in college courses but forgotten over the years.
Great book, comprehensive and easy to understand!
Excellent
GREAT content. Very helpful and prepared me for the adjusting entries content.
Great Don’t change a thing. First time i ever understood closing entries!!! Great Don’t change a thing
Perfect workbook.
Great