Faithin Omaha eBook Collection

Download or read book A One-Year Accounting Course written by Trevor Gambling and published by Elsevier. This book was released on 2014-05-17 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: A One-Year Accounting Course, Part I focuses on the principles, methodologies, and approaches involved in the study of accounting. The book first takes a look at the principles of double-entry book-keeping and elements of mechanized accounting. Discussions focus on punched-card accounting installations, methods of proof, keyboard accounting machine, dual aspect of all trading transactions, cash transactions, nominal ledge, and personal ledger accounts. The text then explores capital and revenue, final accounts, and interpretation of accounts. Topics include balance-sheet ratios, capital position, assets and liabilities, fixed and current assets, valuation of assets, depreciation of fixed assets, inventories of materials, and accruals and prepayments. The publication ponders on historical costing records and costing techniques, including simple process costing, direct or marginal costing, stock control, stores accounting, and minimum store levels. The manuscript is a dependable reference for accountants and researchers interested in accounting.