New PDF release: Accounting Skills

By Margaret Nicholson (auth.)

ISBN-10: 0333491564

ISBN-13: 9780333491560

ISBN-10: 1349108537

ISBN-13: 9781349108534

Show description

Read Online or Download Accounting Skills PDF

Similar skills books

New PDF release: Mostly Finite Geometries

According to the lawsuits of the hot convention held on the collage of Iowa, Iowa urban, in honor and party of worldwide popular mathematician T. G. Ostrom's eightieth birthday, this distinct reference makes a speciality of finite geometries in addition to topological geometries within the limitless case;some of which originate with principles of finite geometric gadgets.

Body Language in Business: Decoding the Signals by Adrian Furnham PDF

This cutting edge new paintings clarifies the misconceptions aroundbody language whereas supplying a systematic method of realizing non-verbal communicationat paintings. The authors clarify why it's so vital to appreciate physique language in enterprise, combining tough study proof with unambiguous assistance and sensible purposes.

Additional resources for Accounting Skills

Example text

28 Withdrew £60 in cash for private use. 31 S. Lawson settled his account by cheque. 3 Ron Stewart is a wholesaler. On 1 January 19-7 he had the following balances in his ledger. Dr. Cr. [ [ 6,800 880 Capital A. Frazer Motor vehicle 3,800 A. Hodges 1'1 00 740 2,040 J. Jennings Bank During the month of January 19-7 his trading transactions were as follows: Jan 2 3 4 5 Received £740 from J. Jennings by cheque. Bought goods on credit (£1,070) from A. Frazer. Bought office equipment (£560), paying by cheque.

The business keeps a record of these losses and profits during the year, and at the end of the year uses them to calculate the profit and loss account of the business. 41 A good illustration of a nominal account is the wages account. There may be £500 debited in the wages account, but the money is there in name only - it has been paid in wages to the employees. POINTS TO REMEMBER The balancing figure is called 'the balance on the account'. The 'balance' is the amount of the difference between the two sides of an account.

11 Bought goods on credit (£600) from Thompson Ltd. 14 Cash sales (£210). 16 Returned goods (£45) to Thompson Ltd. 18 Paid Thompson Ltd. the balance on their account by cheque. 20 Sold goods (£440) on credit to S. Lawson. 26 Paid wages in cash (£45). 27 S. Lawson returned goods (£40). 28 Withdrew £60 in cash for private use. 31 S. Lawson settled his account by cheque. 3 Ron Stewart is a wholesaler. On 1 January 19-7 he had the following balances in his ledger. Dr. Cr. [ [ 6,800 880 Capital A. Frazer Motor vehicle 3,800 A.

Download PDF sample

Accounting Skills by Margaret Nicholson (auth.)


by Kenneth
4.0

Rated 4.50 of 5 – based on 27 votes