Accurate accounting is the key to a successful business. But when you’re dealing with assets and liabilities, profit and loss, and debits and credits, juggling all the numbers can quickly get confusing. Introductory Accounting gives you everything you need to know about basic financial accounting to manage your dollars and cents and keep your accounts in order. 

Ideal for small businesses, as well as any large company bookkeeper, this book covers:

• Structuring your business and choosing an accounting method.
• Setting up an accounting system and basic operating procedures (tracking sales, determining costs, managing cash, etc.).
• Creating employee records, maintaining a payroll system, and accounting for benefits.
• Keeping tax and benefit records.
• Reporting costs.
• Closing out cash journals and employee accounts at month-end and balancing ledgers.
• Preparing month-end and year-end statements and reports. 
• Producing a balance sheet and monthly profit-and-loss (P&L) statements.
• Using accounting software.
David H. Ringstrom, CPA, started Accounting Advisors, Inc. in 1991, and has offered spreadsheet and software consulting services for almost 25 years. He has worked as a freelance writer since 1995 and has served as technical editor for more than 30 books over the past 10 years. He teaches continuing education classes online for 17 different providers. View titles by David H. Ringstrom, CPA

About

Accurate accounting is the key to a successful business. But when you’re dealing with assets and liabilities, profit and loss, and debits and credits, juggling all the numbers can quickly get confusing. Introductory Accounting gives you everything you need to know about basic financial accounting to manage your dollars and cents and keep your accounts in order. 

Ideal for small businesses, as well as any large company bookkeeper, this book covers:

• Structuring your business and choosing an accounting method.
• Setting up an accounting system and basic operating procedures (tracking sales, determining costs, managing cash, etc.).
• Creating employee records, maintaining a payroll system, and accounting for benefits.
• Keeping tax and benefit records.
• Reporting costs.
• Closing out cash journals and employee accounts at month-end and balancing ledgers.
• Preparing month-end and year-end statements and reports. 
• Producing a balance sheet and monthly profit-and-loss (P&L) statements.
• Using accounting software.

Author

David H. Ringstrom, CPA, started Accounting Advisors, Inc. in 1991, and has offered spreadsheet and software consulting services for almost 25 years. He has worked as a freelance writer since 1995 and has served as technical editor for more than 30 books over the past 10 years. He teaches continuing education classes online for 17 different providers. View titles by David H. Ringstrom, CPA

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