Introduction 1Book 1: Keeping the Books 5Chapter 1: Basic Bookkeeping 7Chapter 2: Charting the Accounts 25Chapter 3: The General Ledger 39Chapter 4: Keeping Journals 51Chapter 5: Controlling Your Records 67Chapter 6: Computer Options for Bookkeeping 85Chapter 7: Financial Statements and Accounting Standards 95Book 2: Accounting and Financial Reports 119Chapter 1: Financial Report Basics 121Chapter 2: Reporting Profit 145Chapter 3: Exploring Business Structures 167Chapter 4: The Balance Sheet: Assets, Liabilities, and Equity 187Chapter 5: The Income Statement 203Chapter 6: The Statement of Cash Flows 219Chapter 7: Getting a Financial Report Ready 233Chapter 8: Accounting Alternatives 257Book 3: Day-to-Day Bookkeeping 277Chapter 1: Buying and Tracking Your Purchases 279Chapter 2: Counting Your Sales 297Chapter 3: Employee Payroll and Benefits 325Chapter 4: Employer-Paid Taxes and Government Payroll Reporting 345Book 4: Preparing for Year's End 359Chapter 1: Depreciating Your Assets 361Chapter 2: Paying and Collecting Interest 371Chapter 3: Proving Out the Cash 383Chapter 4: Closing the Journals 397Chapter 5: Checking Your Accuracy 409Chapter 6: Adjusting the Books 419Book 5: Accounting and Managing Your Business 431Chapter 1: Managing Profit 433Chapter 2: Budgeting 455Chapter 3: Cost Accounting 477Chapter 4: Filing and Paying Business Taxes 501Chapter 5: Prepping the Books for a New Accounting Cycle 509Index 517
Lita Epstein, MBA, enjoys helping people develop good financial, investing, and tax planning skills. She is the author of Bookkeeping For Dummies. John A. Tracy, CPA, is Professor of Accounting, Emeritus, at the University of Colorado in Boulder.