The Fundamentals and Principles of Accounting 2nd Edition

You will be provided essentially all of the same knowledge that you would receive by reading your beginner level accounting textbooks in a concise and understandable manner. This is an excellent aid for prospective accounting students to gain a head-start on their studies or for any student that is struggling with any of the basic concepts of accounting. It is also useful as a quick resource for an explanation of a topic.

The following topics are covered: debits and credits; balance sheets; income statements; assets; liabilities; equity; revenue; expenses; accrued expenses; prepaid expenses; contra accounts; contra revenue; depreciation; straight-line depreciation; double-declining balance depreciation; journal entries; general ledgers; and trial balances.