This trusted text explains how to record business transactions and understand their effect on wealth. It shows why the double-entry system is essential, and how single-entry methods fall short. The book walks through ledger structure, debtor and creditor relationships, and how to prepare a complete, permanent record of a trader’s dealings. It also covers the essentials of ledgers, journals, and the step-by-step basis for creating accurate financial statements.

Framed for students, the edition blends theory with practical guidance. It presents a straightforward description of common accounting tasks and the reasoning behind them, with examples that illustrate how transactions flow into the ledger and the final accounts. Readers gain both the concepts and the hands-on approach needed to succeed in exams and real-world bookkeeping.

Foundations of book-keeping and the evolution of the double-entry method
Construction and use of ledger accounts, including personal accounts
Practical steps for recording transactions and producing financial statements
Grounding in practical exercises and exam-oriented material

Ideal for students beginning a course in accounting or aiming to understand the core methods used in modern bookkeeping.
This edition remains a solid companion for those studying the fundamentals of book-keeping and the preparation of accounts, offering clear explanations and tangible practice.

"About this title" may belong to another edition of this title.

Store Description

We first started out as ?The Paperback Exchange,? a chain of physical bookstores where we would part exchange your beloved books for new stories to transport you to faraway places. However, as shopping started to evolve to online shops and marketplaces, we bid our stores goodbye to become ?PBShop.? This transition has only allowed us to blossom as we now ship thousands of titles to book lovers across the globe. We pride ourselves in being a community of local book lovers which allows our passion and devotion to shine in everything we do. In 2020 we not only celebrated our 20th birthday but our 1st birthday as being completely employee owned after becoming an E.O.T in September 2019. We are proud to be different and embrace standing apart on a book mountain by working from a virtual inventory which allows us to provide thousands of books that may be difficult to get for your bookshelf or your studies. Working with a number of different suppliers allows us to explore other avenues such as puzzles, sheet music and even stationery so we really do have something for everyone. Life is about being versatile in all realms of existence. If this is your first visit or you are a returning customer, we would like to welcome you to the PBShop family, for there is no friend as loyal as a book. We are a company who put our customers at the centre of everything we do as we understand the importance of reading because once you learn to read, you will forever be free. There are a whole lot of things in this world of ours that we are yet to explore, which is why we will forever inspire curious minds.

Visit Seller's Storefront

Seller's business information

Pbshop.co.uk Ltd
Unit 22 Horcott Industrial Estate, Horcott Road, Fairford, GL7 4BX, United Kingdom

Sale & Shipping Terms

Terms of Sale

Returns Policy
We ask all customers to contact us for authorisation should they wish to return their order. Orders returned without authorisation may not be credited.
If you wish to return, please contact us within 14 days of receiving your order to obtain authorisation.

Returns requested beyond this time will not be authorised.

Our team will provide full instructions on how to return your order and once received our returns department will process your refund.
Please note the cost to return any...

More Information

Shipping Terms

Books are shipped from UK warehouse. Delivery thereafter is between 4 and 14 business days dependant upon your location - please do contact us with any queries you may have.

Shipping rates within U.S.A.

Shipping rates within U.S.A.
Order quantity	7 to 14 business days	7 to 14 business days
First item	US$ 0.00	US$ 0.00

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.