Description:

In order to accurately monitor the progress of a business and prepare the tax return, it is essential to know how to properly prepare a trial balance and financial statements. This comprehensive textbook gives you a basic understanding of simple financial statements, journal entries and inventory maintenance for your small business clients.

Introduction to Bookkeeping covers:

• Differentiating a single-entry system accounting system from a double-entry system.
• Common accounting terms.
• Distinguishing between a debit and a credit.
• Preparing a basic journal entry.
• The methods for maintaining and valuing inventory.
• Identifying common book to tax difference.

Product Details:

Level: Basic level

Author: NATP Staff

Publisher: NATP

Publication Date: 2015 - Textbook has been reviewed and content is accurate for 2018

Format: Electronic

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