Bookkeeping and Accounting : Based on Schaum's Outline of Theory and Problems of Bookkeeping and Accounting, Third Edition, by Joel J. Lerner

Assets, liabilities, and capital -- Debits and credits : the double-entry system -- Journalizing and posting transactions -- Financial statements -- Adjusting and closing procedures -- Repetitive transactions-the sale and the purchases journals -- The cash journal -- Summarizing and reporting via the worksheet -- The merchandising company -- Costing merchandise inventory -- Pricing merchandise -- Negotiable instruments -- Controlling cash -- Payroll -- Property, plant, and equipment : depreciation -- The partnership -- The corporation. Annotation What could be better than the bestselling Schaum's Outline series? For students looking for a quick nuts-and-bolts overview, it would have to be Schaum's Easy Outline series. Every book in this series is a pared-down, simplified, and tightly focused version of its predecessor. With an emphasis on clarity and brevity, each new title features a streamlined and updated format and the absolute essence of the subject, presented in a concise and readily understandable form. Graphic elements such as sidebars, reader-alert icons, and boxed highlights stress selected points from the text, illuminate keys to learning, and give students quick pointers to the essentials. Designed to appeal to underprepared students and readers turned off by dense text Cartoons, sidebars, icons, and other graphic pointers get the material across fast Concise text focuses on the essence of the subject Deliver expert help from teachers who are authorities in their fields Perfect for last-minute test preparation So small and light that they fit in a backpack! Features graphic elements such as sidebars, reader-alert icons, and boxed highlights. This work includes: cartoons, sidebars, icons, and other graphic pointers that get the material across fast; and text that focuses on the essence of the subject. It is suitable for last-minute test preparation, and is so small that they fit in a backpack. An understanding of the principles of bookkeeping and accounting is essential for anyone who is interested in a successful career in business.