Accounting Basics

Accounting Basics: Workbook is the companion book of questions and exercises in the Accounting Basics series (Volume 2 in the series).

Although written as a companion to the Accounting Basics: Study Guide (Volume 1), this workbook, which contains 88 questions and exercises, easily stands on its own and can be used as part of any accounting 101 curriculum or course.

Using this workbook you will be able to practice:

• Recording transactions (journal entries),
• Formatting and balancing T-accounts,
• Drawing up a trial balance,
• Putting together the financial statements,
• Creating cash flow statements,
• Recording inventory as well as transactions for manufacturing businesses (sales, cost of sales, purchases, returns, manufacturing cost statement, etc.),
• Calculating and recording depreciation, doubtful debts, closing (year-end) entries and bank reconciliations,
• And more…

Also available in this series:

• Accounting Basics: Study Guide (Volume 1 in the series) — A comprehensive theory book on basic accounting concepts and practices.
• Accounting Basics: Dictionary (Volume 3 in the series) — The companion dictionary in the Accounting Basics series, with over 300 accounting and business terms defined.
• Accounting Basics: Complete Guide — A compilation of the Study Guide, Workbook and Dictionary in one comprehensive publication.

The Accounting Basics series teaches the subject in a simple, clear and comprehensive way. And though written primarily for high school and college students, the books are also very handy for working professionals looking to brush up on basic accounting concepts and practices.

Our materials are used at institutions across the country, such as:

• The Kansas Department of Revenue (Audit Services),
• The Southern Regional Education Board and the State of Kentucky (SREB’s Advanced Career project for high school students – used across 9 states),
• Schools and colleges like Mount Saint Vincent College (NY), Western Colorado Community College (OFAD Quickbooks Accounting), Advanced Technology Institute (VA) and Benedictine College Preparatory (VA).

Companion website:
Our companion website, www.accounting-basics-for-students.com, provides free accounting information to thousands of students around the world. Feel free to browse the site and try out the additional exercises and examples available there.

Educational professionals:
If you’re considering our materials for any of your classes or programs, please reach out to us on our website with your details and we’ll send you a sample copy of one of our books.

Contact the author:
If you have any questions for the author (about the books or anything else), you can contact him through the website above.

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