Practical Bookkeeping: A Working Handbook of Elementary Bookkeeping and Approved Modern Methods of Accounting, Including Single Proprietorship, ... and Brokerage Accounts (Classic Reprint) - Hardcover

James B. Griffith

 
9780484407700: Practical Bookkeeping: A Working Handbook of Elementary Bookkeeping and Approved Modern Methods of Accounting, Including Single Proprietorship, ... and Brokerage Accounts (Classic Reprint)

Synopsis

Master the essentials of bookkeeping with a practical, step-by-step guide you can use right away.

This book walks you through the core tasks of keeping books for a small retail business. It shows how to open the books, record transactions, and move from daily entries to a clear financial picture. You’ll learn what kinds of books to use, how to post to a ledger, and how to present statements to customers and lenders.

  • Set up opening entries that accurately reflect assets and liabilities.
  • Use a journal, cash book, and ledger to record daily business activity.
  • Track retail and proprietor accounts, including simple methods for withdrawals and profits.
  • Explore broader topics like wholesale, commission, and storage accounts with practical examples.
Ideal for readers starting a small business or learning foundational bookkeeping skills for everyday use.

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