Boost Your Skills in Accounting and Bookkeeping: (+ Online Videos, Quizzes, Exercise Files & More)

ISBN: 164061575X

Author: Weinstein, Eric A.

Condition: New

LEARN ACCOUNTING & BOOKKEEPING THE RIGHT WAY - FAST, EASY, AND PRACTICAL Join the thousands of students and educators who have trusted Labyrinth Learnings proven training system for over 30 years Step-by-step, comprehensive training designed for beginners and small business owners - No prior accounting experience necessary! Exclusive online resource center with videos, quizzes, presentations, and more to deepen your learning and keep you engaged. Master the essentials - From the accounting cycle to debits, credits, and financial statements, you'll gain practical skills you can use immediately. Set yourself apart and get certified - This book fully prepares you for the Intuit Certified Bookkeeping Professional exam, making you more attractive to employers. Learn for the long-term - While most books focus on short-term learning, our system uses real-world exercises, full-scale projects, and multiple practice sets designed to reinforce your knowledge and help you confidently apply your skills in any setting.Written by an award-winning teacher, MBA, and CPA with 20+ years experienceEric Weinstein MBA, CPA is a Professor of Business Administration at Suffolk County and author of several in-demand accounting textbooks. Eric has received many awards in his career in education, including the State University of New York Chancellor's Award for Excellence in Teaching. He's also been a practicing CPA in New York for more than 20 years.Reviewed and developed by a prestigious team of 30+ advisors and industry expertsWith the Boost Your Skills series, youre not just learning from the author; youre backed by a powerhouse team of seasoned professionals. Each title is vetted and shaped by a team of highly credentialed educators and industry experts (MBAs, CPAs, PhDs etc.). Once written, every chapter is put through rounds of careful review; exercises and assessments are tested and refined, and editors and quality assurance professionals ensure the content is clear and reliable. The result is a polished learning experience engineered to help you succeed.List of topics coveredEvaluating TransactionsThe Accounting CycleJournal Entries and T-AccountsAdjusting EntriesFinancial Statements and Closing EntriesComputerized Systems, Cash, and PayrollFinancial Statement AnalysisMerchandise InventoryBy the end of Chapter 1 you will be able to:Describe the accounting equationDifferentiate between account typesEvaluate a transactionConvey transaction detailsBy the end of Chapter 2 you will be able to:Explain the concept of posting journal entriesIdentify the purpose of a trial balanceDistinguish between adjusting entries and closing entriesDiscuss the four primary financial statementsBy the end of Chapter 3 you will be able to:Distinguish between debits and creditsWork with T-accountsJournalize a transactionPost a transactionUse a special journal and a subsidiary ledgerBy the end of Chapter 4 you will be able to:Format and complete a trial balanceRecord adjusting entriesCalculate depreciation using the straight-line methodCalculate depreciation using the double-declining balance methodBy the end of Chapter 5 you will be able to:Prepare an income statementPrepare a statement of owners equityPrepare a balance sheetIdentify the sections of a statement of cash flowsRecord closing entriesPlus, there's more! Chapters 6 and 7 include:Internal control proceduresBank reconciliationsEmployer and employee payroll taxesHorizontal and vertical analysesPreparing financial statementsCalculating various financial ratios