Learn your Accounting Basics

A step by step guide on how to master the basics in Accounting. Whether you have just started Accounting or struggling to grasp the basic principles this book is for you. Colourful illustrations make Accounting come alive on your iPad or device, and it is a valuable add-on in the classroom for students doing Accounting or EMS. Topics include: 1. Introduction and Accounting Equations 2. Price Lists & Purchase Orders 3. Monitoring your bank balance 4. Writing up of the Subsidiary Journals 5. Balancing the Subsidiary Journals 6. Posting to the General Ledger 7. Balancing the General Ledger and Preparing a Trial Balance Concepts are explained in a basic manner, for example what a source document is, and where to use it. Different source documents are explained and illustrated. The analysis of receipts column, the cost of sales columns, the columns in the subsidiary journals and whether they are debits or credits, the orderly posting of the journals in a step by step manner, and many other basic concepts are illustrated in colourful and understandable steps. This book will be beneficial for educators in the classroom environment, pupils who lack the basics and homeschoolers who want to learn Accounting by themselves.