Accounting the Easy Way

by Peter J. Eisen

Useful as either a self-teaching guide or a supplement to classroom textbooks, this book presents the fundamentals of accounting, starting with the accounting equation, then explaining financial statements, recording daily business transactions, using special journals, accounting for receivables and payables, and accounting for assets, inventories, and payroll from the viewpoint of a sole proprietorship form of business. Final chapters cover partnership and corporate accounting. Within every chapter, self-testing exercises follow each topic with detailed solutions presented at the back of the book. Barron's Easy Way books focus on both practical and academic topics, presenting fundamental subject matter in clear, understandable language. Equally popular as self-teaching manuals and supplementary texts for classroom use, they are written to help students improve their grades and review subject matter before tests. They are also useful for introducing general readers to a new career-related skill. Easy Way titles cover virtually all subjects that are taught on advanced high school and college-101 levels. Subject heads and key phrases are set in a second color.

Genres: Business

416 pages, Paperback

First published September 1, 1995

Reviews

[William Schram · Rating 4 out of 5]

Accounting is essential for transparency in business affairs. It is the art of organizing, maintaining, recording, and analyzing financial activities. I'll be honest here; I took an accounting course in college, but I was so bored with it. I kept falling asleep. The Double-Entry Accounting method seemed pointless, and I had a lot of stuff on my mind at the time.

Accounting: the Easy Way attempts to demonstrate accounting principles in a simple manner. It contains plenty of examples, and it isn't hard to follow the chain of reasoning.

If you plan to become an accountant, this book does a great job of covering the basics. The solutions to the exercises are in the book.

[Dave Peticolas · Rating 3 out of 5]

I bought this book when I was developing GnuCash and I wanted to get a better handle on business accounting. This book is a good introduction to double-entry accounting for businesses.