Bookkeeping All–in–One For Dummies

Introduction 1

Book 1: Keeping the Books 5
Chapter 1: Basic Bookkeeping 7
Chapter 2: Charting the Accounts 25
Chapter 3: The General Ledger 39
Chapter 4: Keeping Journals 51
Chapter 5: Controlling Your Records 67
Chapter 6: Computer Options for Bookkeeping 85
Chapter 7: Financial Statements and Accounting Standards 95

Book 2: Accounting and Financial Reports 119
Chapter 1: Financial Report Basics 121
Chapter 2: Reporting Profit. 145
Chapter 3: Exploring Business Structures 167
Chapter 4: The Balance Sheet: Assets, Liabilities, and Equity 187
Chapter 5: The Income Statement 203
Chapter 6: The Statement of Cash Flows 219
Chapter 7: Getting a Financial Report Ready 233
Chapter 8: Accounting Alternatives 257

Book 3: Day-to-Day Bookkeeping 277
Chapter 1: Buying and Tracking Your Purchases 279
Chapter 2: Counting Your Sales 297
Chapter 3: Employee Payroll and Benefits 325
Chapter 4: Employer-Paid Taxes and Government Payroll Reporting 345

Book 4: Preparing for Year’s End 359
Chapter 1: Depreciating Your Assets 361
Chapter 2: Paying and Collecting Interest 371
Chapter 3: Proving Out the Cash 383
Chapter 4: Closing the Journals 397
Chapter 5: Checking Your Accuracy 409
Chapter 6: Adjusting the Books 419

Book 5: Accounting and Managing Your Business 431
Chapter 1: Managing Profit 433
Chapter 2: Budgeting 455
Chapter 3: Cost Accounting 477
Chapter 4: Filing and Paying Business Taxes 501
Chapter 5: Prepping the Books for a New Accounting Cycle 509

Index 517