Small Business Accounting

ISBN-13: 9780470198636 / Angielski / Miękka / 2008 / 432 str.

Lita Epstein

Opis

When it comes to operating a small business, it doesn't matter how good the idea is if the accounting behind the operations isn't solid. Now readers have a resource that covers the accounting tools and strategies that will help them run a successful company.

Spis treści

Part I The Foundation of Accounting

1. Accounting for Your Business 1

2. Mastering Debits and Credits 23

3. Beginning the Accounting Cycle 43

Part II Accounting for a Service Business

4. Journalizing Transactions 61

5. Posting Transactions and Preparing a Trial Balance 83

6. Adjustments and the Worksheet 111

7. Financial Statements and the Closing Process 137

Part III Basic Accounting Procedures

8. Cash, Banking, and Internal Controls 165

9. Employee Payroll and Deductions 193

10. Understanding Payroll Legalities 227

11. Special Journals: Sales and Cash Receipts 261

12. Special Journals: Purchases and Cash Disbursements 293

Part IV Accounting for a Merchandising Business

13. Merchandise Inventory 319

14. Adjustments and the Worksheet for a Merchandising Business 345

15. Financial Statements and the Closing Process for a Merchandising Business 363

Appendix A: Depreciation 385

Appendix B: Income Tax 392

Glossary 395

Index 407

O autorze

Lita Epstein excels at translating complex financial and political topics critical to people′s everyday life. Building on her personal experience as a press secretary for a U.S. Congressman and her analytical skills developed as she completed her MBA from Emory University′s Goizueta Business School, Lita helps people explore difficult financial and political issues.
She has worked as a newspaper reporter and magazine editor. After getting her MBA degree, she served as associate director of development for President Jimmy Carter′s international programs at The Carter Center. She is currently in the process of completing work toward her Certified Financial Planner designation and is a member of the Financial Planning Association.