Basic Accounting / Andy Lymer and Nishat Azmat.

"The step-by-step course in accounts"--Cover.

Includes index.

Introduction -- Source documents -- Ledger system -- Balancing the cash book -- Double entry theory and practice -- Trial balance -- Gross profit -- Trading and profit and loss accounts -- Statement of financial position -- Cash and bank transactions -- Bank reconciliation -- Petty cash book -- Credit transactions and suppliers' accounts -- Accounts of credit customers -- Purchases and sales returns -- VAT and PAYE -- Classification of ledger accounts -- Final accounts of a sole trader -- Interpretation of accounts -- Statement of cash flows -- Capital and revenue expenditure -- General journal -- Depreciation of fixed assets -- Bad debts and provision for bad debts -- Year-end adjustments -- Incomplete records and single entry -- Non-trading concerns and club accounts -- Control accounts -- Partnership accounts -- Accounting for management -- Cost of production and manufacturing -- Introduction to limited companies -- Accounting for share capital -- Final accounts of a limited company -- Accounting standards -- Non-financial reporting -- Computerized accounting.

Is this the right book for me? Basic Accounting is a complete, step-by-step course in elementary accounting. Giving clear and concise explanations of accounting principles and practice including PAYE, cashflow statements, accounting for share capital, accounting standards and non-financial reporting, it is perfect for the newcomer to basic accounting, the first- level accounting student or anybody needing to brush up their accounting skills. No prior knowledge of bookkeeping or accounting is assumed. Clear explanations, diagrams and worked examples enable you to master the basic principles then apply them to practical examples to consolidate and test your knowledge.