Business Accounting 1 – Frank Wood, Alan Sangster – 10th Edition

Notes for teachers and lecturers
Notes for students
Introduction to double entry bookkeeping
1 The accounting equation and the balance sheet
2 The double entry system for assets, liabilities and capital
3 The asset of stock
4 The effect of profit or loss on capital and the double entry system for expenses and revenues
5 Balancing off accounts
6 The trial balance
The financial statements of sole traders
7 Trading and profit and loss accounts: an introduction
8 Balance sheets
9 Trading and profit and loss accounts and balance sheets: further considerations
10 Accounting concepts
Books of original entry
11 Books of original entry and ledgers
12 The banking system in the UK
13 Cash books
14 The sales day book and the sales ledger
15 The purchases day book and the purchases ledger
16 The returns day books
17 The journal
18 The analytical petty cash book and the imprest system
19 Value added tax
20 Columnar day books
21 Employees' pay
22 Computers and accounting
23 Computerised accounting systems
Adjustments for financial statements
24 Capital expenditure and revenue expenditure
part 8
25 Bad debts, provisions for doubtful debts, and provisions for discounts on debtors
26 Depreciation of fixed assets: nature and calculations
27 Double entry records for depreciation
28 Accruals and prepayments and other adjustments for financial statements
29 The valuation of stock
30 Bank reconciliation statements
31 Control accounts
32 Errors not affecting trial balance agreement
33 Suspense accounts and errors
Scenario questions
Special accounting procedures
34 Introduction to accounting ratios
35 Single entry and incomplete records
36 Receipts and payments accounts and income and expenditure accounts
37 Manufacturing accounts
38 Departmental accounts
39 Cash flow statements
40 Joint venture accounts
Partnership accounts and company accounts
41 Partnership accounts: an introduction
42 Goodwill for sole traders and partnerships
43 Revaluation of partnership assets
44 Partnership dissolution
45 An introduction to the financial statements of limited liability companies
46 Purchase of existing partnership and sole traders' businesses
An introduction to financial analysis
47 An introduction to the analysis and interpretation of accounting statements
An introduction to management accounting
48 An introduction to management accounting
1 Answers to review questions
2 Answers to multiple choice questions
3 Glossary
Index