Essential ClassNotes Intro to Bookkeeping (US) Study Notes, Review Questions and Classroom Discussion Topics Paperback - 2013

Information presented in class often contains the core concepts of the course. Yet, students frequently fail to master the skills of classroom notetaking. Our Essential ClassNotes products provide study notes that are specific and concrete. Review questions and classroom discussion topics are also included to make sure students are truly involved in the ideas and information being presented. Below shows the TOC of the book: CONTENT UPDATES2 ABOUT THIS BOOK2 US ACCOUNTING ENVIRONMENT3 PRINCIPLES AND STANDARDS3 IFRS AND IAS6 THE ACCRUAL PRINCIPLE8 THE HISTORICAL COST PRINCIPLE10 THE CONSISTENCY PRINCIPLE11 THE PRUDENCE PRINCIPLE12 THE MATERIALITY PRINCIPLE13 THE MATCHING PRINCIPLE, THE TRIAL BALANCE AND THE RELATED ADJUSTMENTS14 THE SEPARATE LEGAL ENTITY CONCEPT17 THE CONSERVATIVE PRINCIPLE18 THE GOING CONCERN CONCEPT19 THE ACCOUNTING EQUATION20 CHAPTER REVIEW QUESTIONS AND ANSWERS21 BASIC CONCEPTS ON BOOKKEEPING24 BOOKKEEPING METHODS24 THE BOOKKEEPING CYCLE26 DEBITS AND CREDITS27 RECORDING AND POSTING TRANSACTIONS31 GENERAL LEDGER VS GENERAL JOURNAL33 TRIAL BALANCE AND THE NEEDS/PATTERNS OF ADJUSTMENT35 TRIAL BALANCE AND THE CORRECTION OF ERRORS37 BANK RECONCILIATION39 CLOSING JOURNAL ENTRIES43 SOURCE DOCUMENTS44 PAYROLL ACCOUNTING45 PROCESSING TRAVEL EXPENSES REIMBURSEMENT52 CHAPTER REVIEW QUESTIONS AND ANSWERS55