Accounting made simple : accounting explained in 100 pages or less Cover Image

Accounting made simple : accounting explained in 100 pages or less / Mike Piper.

Summary:

Have questions about accounting? Get the answers without having to trudge through a 300 page textbook. Find all of the following, explained in plain-English with no technical jargon: The accounting equation and why it's so significant; How to read and prepare financial statements; How to calculate and interpret several different financial ratios; The concepts and assumptions behind Generally Accepted Accounting Principles (GAAP); Preparing journal entries with debits and credits; Cash method vs. accrual method; Inventoery and cost of goods sold; How to calculate depreciation and amortization expenses.

Record details

ISBN: 9780981454221
ISBN: 0981454224
Physical Description: 100 pages : illustrations ; 21 cm.
Publisher: Chicago, Ill. : Simple Subjects, LLC, [2009]
Copyright: ©2009

Content descriptions

Bibliography, etc. Note:

Includes bibliographical references (pages 101-102) and index.

Formatted Contents Note:

Introduction: what is accounting? -- Part one Financial statements -- Accounting equation -- Balance sheet -- Income statement -- Statement of retained earnings? -- Cash flow statement -- Financial ratios -- Part two Generally accepted accounting principles (GAAP) -- What is GAAP? -- Debits and credits -- Cash vs. accrual -- Other GAAP concepts & assumptions -- Depreciation of fixed assets -- Amortization of intangible assets -- Inventory & CoGS -- Conclusion: The humble little journal entry.