Description

Contemporary Financial Accounting Product Features

• According to the revised international accounting standards
• Covers everything from accounting cycle to financial statements
• Concepts explained  with practical and real-life  implementations
• Teacher’s Resource Pack available

TEACHER’S RESOURCE PACK  CONTAINS:

• PowerPoint Presentations
• Solutions of the Questions
• Objective Type Question Bank

Contents in Brief

1. The Nature of Accounting
2. Recording Business Transactions
3. Starting the Accounting Cycle Journal, Ledger, Trial Balance
4. The Accounting Cycle Continued: Work Sheet, Financial Statements, and Adjusting Entries
5. Completing the Accounting Cycle for a Service Business: Closing Entries and the Post-Closing Trial Balance
6. Internal Control and Accounting for Cash
7. Banking Transactions and Bank Reconciliation Statement
8. The Voucher System
9. Accounting for a Merchandising Business: Purchases and Cash Payments
10. Accounting for a Merchandising Business: Sales and Cash Receipts
11. The Perpetual Inventory System
12. Accounting for Bad Debts
13. Work Sheet and Adjustments for a Merchandising Business
14. Merchandise Inventory Adjustment and Work Sheet Using the Perpetual Inventory System
15. Financial Statements and Closing Entries for a Merchandising Business
16. Locating and Rectifying Accounting Errors
17. Accounting for Plant Assets and  Depreciation
18. Statement of Cash Flows