Table of Contents
Preface ix
Part One The Basics of Bookkeeping 1
Chapter 1 Bookkeeping Basics 3
Chapter 2 Chart of Accounts 15
Chapter 3 General Ledger and Subledgers 29
Part Two Daily Activities 37
Chapter 4 Payroll 39
Chapter 5 Purchasing and Payments 79
Chapter 6 Billing and Collections 99
Chapter 7 Cash Management 121
Chapter 8 Inventory 135
Chapter 9 Fixed Assets 155
Chapter 10 Debt Accounting 169
Part Three Creating Financial statements 173
Chapter 11 The Trial Balance 175
Chapter 12 Closing the Books 185
Chapter 13 Balance Sheet 193
Chapter 14 Income Statement 205
Part Four Controls 219
Chapter 15 Budgeting 221
Chapter 16 Control Systems 247
Part Five Other Topics 265
Chapter 17 Record Keeping 267
Chapter 18 Cost Reduction Opportunities 277
Appendices 297
Appendix A Journal Entries 299
Appendix B Beginning Bookkeeper Checklist 317 Glossary 321 About the Author 327 Index 329