A-Z Guide Basic Accounting Skills

Annelize iLiffe

nov 2017 · Ai Education

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This A-Z Accounting guide is specifically written for beginners. It is a continuation of the e-book Learning your Accounting basics. - Simple English. - User-friendly. - Concepts link together, enabling the reader to move successfully onto the next section. - Story format - One concept per page - Learn concepts while practising - Suitable for Accounting/EMS - classroom and home use It covers all the basic concepts including: 1) Introduction, theory and accounting equations. 2) Cash and credit journals (books of first entry) 3) Posting to the General Ledger, balancing the ledger accounts and preparing a Trial Balance. 4) Debtors Ledger (Accounts Receivable Ledger), Debtors Control (Accounts Receivable Control) and Introduction to Bank Statements. 5) Creditors Ledger (Accounts Payable Ledger) and Creditors Control (Accounts Payable Control). 6) Petty cash 7) Mark-ups and gross profit percentages. 8) Income Statement (Statement of Comprehensive Income) 9) Balance Sheet (Statement of Financial Position) 10) Ratios and Interpretation of Financial Statements

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Annelize iLiffe Author of beginner e-books: - www.aieducation.co.za - Learn your Accounting basics - A-Z Guide to Accounting basics - Interactive Accounting quizzes