Frank Wood's business accounting 1 / Alan Sangster ; formerly authored by Frank Wood .

Contents;

Part 1 Introduction to financial accounting
1 The background and the main features of financial accounting
2 Recording transactions
3 Inventory
4 The effect of profit or loss on capital and the double entry system
for expenses and revenues
5 Balancing-off accounts
6 The trial balance

Part 2 The financial statements of sole proprietors
.7 Statements of profit or loss: an introduction
8 Statements of financial position
9 Statements of profit or loss and statements of financial position: further considerations
10 Accounting concepts and assumptions

Part 3 Books of original entry
11 Books of original entry and ledgers
12 The banking system in the UK
13 Cash books
14 Accounting for sales
15 Accounting for purchases
16 Accounting for returns
17 The Journal
18 The analytical petty cash book and the imprest system
19 Value added tax
20 Columnar day books
21 Payroll accounting
.
Part 4.Computerized accounting
22 Information technology and accounting
23 Computerized Information systems

Part 5 Adjustments for financial statements
24 Capital expenditure and revenue expenditure
25 Bad debts, allowances for doubtful debts, and provisions for discounts
on accounts receivable
26 Depreciation of non-current assets: nature and calculations
27 Double entry records for depreciation
28 Accruals and prepayments and other adjustments for financial statements
29 The valuation of inventory
30 Bank reconciliation statements
31 Control accounts
32 Errors not affecting the balancing of the trial balance
33 Suspense accounts and errors

Part 6 Special accounting procedures
34 Introduction to accounting ratios
35 Single entry and incomplete records
36 Receipts and payments accounts and income and expenditure accounts
37 Manufacturing accounts
38 Departmental accounts
39 Statements of cash flows
40 Joint venture accounts

Part 7 Partnership accounts and Company accounts
41 Partnership accounts: an introduction
42 Goodwill for sole proprietors and partnerships
43 Revaluation of partnership assets
44 Partnership dissolution
45 An introduction to the financial statements of limited liability companies
46 Purchase of existing partnership and sole proprietor businesses

Part 8 An introduction to financial analysis
47 An introduction to the analysis and Interpretation of accounting statements

Part 9 An introduction to management accounting
48 An introduction to management accounting

Includes bibliographical references and index.