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Accounting: A Question and Answer Workbook

Accounting: A Question and Answer Workbook


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About the Book

An accounting workbook consisting of practical exercises and short questions graded for different abilities, many of which are geared towards GCSE. It also provides questions and practical exercises for students taking elementary and intermediate examinations in accountancy and bookkeeping such as RSA Bookkeeping Stage 1 Elementary, RSA Accounting Stage II Intermediate, Pitman Bookkeeping and Accounts Elementary and Intermediate levels, LCC Bookkeeping Elementary and Intermediate stages, BTEC National courses in Business and Finance - Accounting and Option II Year. The book is divided into five main parts, each part dealing with particular topics and followed by a selection of short questions. There are additional revision chapters containing cumulative exercises and the book is considered ideal practice for self-study students and those with limited teacher contact.

Table of Contents:
Part 1: double entry bookkeeping - cash book and ledger accounts, books of original entry, trial balance; value added tax; short questions. Part 2: trading and profit and loss accounts and balance sheets with amendments; prepayments and accruals in the ledger; provision for depreciation and asset disposal in the ledger; provision for doubtful debts in the journal and ledger; short questions. Part 3: capital and revenue expenditure/receipts; concepts and conventions of accounting; an analytical petty cash book and imprest system; bank reconciliation statements; purchases and sales ledger control accounts; corrections of errors and suspense accounts; short questions. Part 4: manufacturing accounts; partnership accounts; income and expenditure accounts; single entry and incomplete records - finding capital, finding profit; single entry and incomplete records - finding cash/bank balances, finding balances for debtors, creditors and expenses; single entry and incomplete records - calculating sales, purchases and expenses; exercises; short questions. Part 5: interpreting final accounts and controlling the business gross profit percentage, rate of stock turnover, net profit percentage, expense ratio; interpreting final accounts and controlling the business working capital ratio, liquid capital ratio (acid-test ratio), return on capital invested, capital employed, appraisal of the balance sheet; company accounts; short questions.


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Product Details
  • ISBN-13: 9780582028371
  • Publisher: Financial Times Prentice Hall
  • Publisher Imprint: Financial Times Prentice Hall
  • Height: 234 mm
  • Weight: 180 gr
  • ISBN-10: 058202837X
  • Publisher Date: /01/1989
  • Binding: Paperback
  • Sub Title: A Question and Answer Workbook
  • Width: 156 mm


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