This book is designed for beginners - no prior knowledge of business or accounting is required. Starting from the very basics, you'll learn the essential language and concepts that underpin how organisations operate and manage their finances. You'll discover how businesses track everyday transactions: what was sold, at what price, when, and to whom. These fundamentals form the backbone of all business record-keeping. Bookkeeping is a practical skill, best learned by doing rather than memorising. This book includes numerous exercises to help you apply each concept as you learn it, building genuine confidence and competence. The mathematics required is straightforward - addition, subtraction, multiplication, and division. A basic calculator is helpful, and where percentages or fractions appear, clear explanations guide you through. By completing this book, you'll have a solid foundation in business record-keepingvaluable whether you're pursuing a career in finance, starting your own venture, or simply seeking to understand the commercial world.
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Business Accounting, An Introduction
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Information
Subtopic
Business HistoryIndex
BusinessTable of contents
- INTRODUCTION TO BUSINESS ACCOUNTING
- CHAPTER 1: INTRODUCTION TO BUSINESS ACCOUNTING
- CHAPTER 2:CASH TRANSACTIONS
- CHAPTER 4: VALUE ADDED TAX (VAT)
- CHAPTER 5: OBJECTIVES AND PURPOSE OF BOOKKEEPING/ACCOUNTING AND RECORDING
- CHAPTER 6: CAPITAL AND REVENUE EXPENDITURE
- CHAPTER 7: BALANCING THE LEDGER ACCOUNTS AND THE TRIAL BALANCE
- CHAPTER 8: APPLICATION OF JOURNAL AND LEDGER ENTRIES TO SALES RETURNS AND PURCHASES RETURNS
- CHAPTER 9: TRADE AND SETTLEMENT DISCOUNT AND LEDGERS
- CHAPTER 10: VALUE ADDED TAX (VAT)
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