Introductory Accounting

by David H. Ringstrom CPA, Gail Perry

Accurate accounting is the key to a successful business. But when you’re dealing with assets and liabilities, profit and loss, and debits and credits, juggling all the numbers can quickly get confusing.  Introductory Accounting  gives you everything you need to know about basic financial accounting to manage your dollars and cents and keep your accounts in order. 

Ideal for small businesses, as well as any large company bookkeeper, this book

• Structuring your business and choosing an accounting method.
• Setting up an accounting system and basic operating procedures (tracking sales, determining costs, managing cash, etc.).
• Creating employee records, maintaining a payroll system, and accounting for benefits.
• Keeping tax and benefit records.
• Reporting costs.
• Closing out cash journals and employee accounts at month-end and balancing ledgers.
• Preparing month-end and year-end statements and reports. 
• Producing a balance sheet and monthly profit-and-loss (P&L) statements.
• Using accounting software.

Genres: Finance

320 pages, Paperback

First published February 2, 2016

Reviews

[Abigail · Rating 4 out of 5]

A very good preparation book for those interested in learning about the basics of accounting.

[Suhel · Rating 3 out of 5]

Skim read for Xero, useful insights into different options that are recommended, high-level overview of accounting from a USA perspective. Good to get insights about invoices and AR.

[Noir.Deer · Rating 4 out of 5]

helpful for exposing me to terminologies, but it's still overwhelming for me to read but i wished i went through this sooner