Frank Wood's business accounting 1 / Frank Wood and Alan Sangster.

Includes indexes.

The accounting equation and the balance sheet -- The double entry system for assets, liabilities and capital -- Inventory -- The effect of profit or loss on capital and the double entry system for expenses and revenues -- Balancing off accounts -- The trial balance -- Income statements; an introduction -- Balance sheets -- Income statements and balance sheets: further considerations -- Accounting concepts and assumptions -- Books of original entry and ledgers -- The banking system in the UK -- Cashbooks -- Sales day books -- The journal -- The analytical petty cash book and the imprest system -- Value added tax -- Columnar day books -- Employees' pay -- Computers and accounting -- Computerised accounting systems -- Capital expenditure and revenue expenditure -- Bad debts, allowance for doubtful debts, and provisions for discounts on accounts receivable -- Depreciation of non-current assets:nature and calculations -- Double entry records for depreciation -- Accruals and prepayments and other adjustment for financial statements -- The valuation of inventory -- Bank reconciliation statements -- Control accounts -- Errors not affecting the balancing of the trial balance -- Suspense accounts and errors -- Introduction to accounting ratios -- Single entry and incomplete records -- Receipts and payments accounts and income and expenditure accounts -- Manufacturing accounts -- Statements of cash flows -- Joint venture accounts -- Partnership accounts: an introduction -- Goodwill for sole traders and partnership -- Revaluation of partnership assets -- Partnership dissolution -- An introduction to the financial statements of limited liability companies -- Purchase of existing partnership and sole traders businesses -- An introduction to the analysis and interpretation of accounting statements -- An introduction to management accounting .