Basic Bookkeeping: An introduction to the principles of bookkeeping

This is an ideal companion for anyone who is starting out in the world of bookkeeping or running their own business and wants to learn more about the basic principles of accounting and bookkeeping.

Part 1 of the book covers a scenario in which someone starts their own business and makes bookkeeping entries, as well as transactions for banking and cash management.

Part 2 of the book develops this knowledge, deepening knowledge of bookkeeping controls, such as control account and bank reconciliation, correcting errors, the trial balance, and wage calculations.

Written by an experienced lecturer in accounting, with real-world bookkeeping experience, this book is an ideal starter book for learning key bookkeeping skills and knowledge, and is derived from industry-standard qualifications.

Topics:

• Starting the business
• Credit purchases
• Credit sales
• The cash book
• The petty cash book
• Payment methods and bank reconciliation
• The journal
• Payroll transactions
• The trial balance
• Control account reconciliation
• Correction of errors and the suspense account