Business accounting. /
Frank Wood and Alan Sangster.
- 10th ed.
- New York: Prentice Hall, c2005.
- xxii,821p. ill. 24cm.
Includes index.
Contents: Introduction to double entry bookkeeping -- The Accounting equation and the balance sheet -- The Double entry system for assets, liabilities and capital -- The Asset of stock -- The Effect of profit or loss on capital and the double entry system for expenses and revenues -- Balancing off accounts -- The Trial balance -- The Financial statements of sole traders -- Trading and profit and loss accounts: and introduction -- Balance sheets -- Trading and profit and loss accounts and balance sheets: further considerations -- Accounting concepts -- Books of original entry -- Books of original entry and ledgers -- The Banking system in the U.K. -- Cash books -- The Sales day book and the sales ledger -- The Sales day book and the sales ledger -- The Purchases day book and the purchases ledger -- The Returns day books -- The Journal -- The Analytical petty cash book and the imprest system -- Value added tax -- Columnar day books -- Employees pay -- Computers and accounting -- Computerised accounting systems -- Adjustments for financial statements -- Capital expenditure and revenue expenditure -- Bad debts, provisions for doubtful debts, and provisions for discounts on debtors -- Depreciation of fixed assets: nature and calculations -- Double entry records for depreciation -- Accruals and prepayments and other adjustments for financial statements -- The valuation of stock -- Bank reconciliation statements -- Control accounts -- Errors not affecting trial balance agreement -- Suspense accounts and errors scenario questions -- Special accounting procedures -- Introduction to accounting ratios -- Single entry and incomplete records -- Receipts and payments accounts and income and expenditure accounts -- Manufacturing accounts -- Departmental accounts -- Cash flow statements -- Joint venture accounts -- Partnership accounts and company accounts -- Partnership accounts: an introduction -- Goodwill for sole traders and partnerships -- Revaluation of partnership assets -- Partnership dissolution -- An introduction to the financial statements of limited liability companies -- Purchase of existing partnership and sole traders businesses -- An introduction to financial analysis -- An introduction to the analysis and interpretation of accounting statements -- An introduction to management accounting -- An introduction to management accounting -- Appendices: Answers to review questions -- Answers to multiple choice questions -- Glossary.