Book-keeping and Accounts

Frank Wood is the world's best-selling author of accounting textbooks. Sheila Robinson, BA (Hons), Cert Ed,FMAAT, is a former senior lecturer in Accountancy and Business Studies. A practising accountant and consultant, she is also a council member and director of a professional accountancy body and is the well-established author of a number of accountancy textbooks.

PART 1 Introduction to Accounting Principles



Chapters Title

1. Introduction to accounting

2. The accounting cycle

3. The accounting equation and the balance sheet

4. The double entry system for assets, liabilities and capital

5. The double entry system for the asset of stock

6. The double entry system for expenses and revenues

7. Balancing off accounts

8. The trial balance

9. Capital and revenue expenditure



PART 2 The financial statements of a sole trader



10. Trading and profit and loss accounts: an introduction

11. The balance sheet

12. Financial statements: further considerations

13. Accounting concepts



PART 3 Books of original entry



14. Business documentation

15. Division of the ledger Sales day book and sales ledger

16. Purchases day book and purchases ledger

17. Sales returns day book and purchases returns day book

18. Value added tax

19. Sales and purchases day books and ledgers with VAT

20. The banking system

21. Cash books

22. Petty cash and the imprest system

23. The journal

24. Control accounts

25. Bank reconciliation statements



PART 4 Adjustments to financial statements



26. Methods of depreciation

27. Double entry records for depreciation and the disposal of assets

28. Bad debts and provision for doubtful de

29. Other adjustments for financial statements

30. Extended trial balance

31. Stock valuation

32. Errors and their effect on accounting records

33. Suspense accounts and errors



PART 5 Financial statements of other organisations



34. Single entry and incomplete records

35. Club and society accounts

36. Partnership accounts

37. Limited company accounts

38. Manufacturing accounts

39. Analysis and interpretation of accounts



PART 6 Other considerations



40. Computers and accounting systems

41. Professional ethics



Appendices



A Glossary of accounting terms

B Model layouts for financial statements and worksheets

C Multi-choice questions

D Answers to multi-choice questions

E Answers to exercises