Schaum's Outline of Theory and Problems of Bookkeeping and Accounting (Schaum's Outlines)

Bookkeeping and Accounting can serve as a textbook or supplement for all introductory courses in bookkeeping at community colleges, business schools, and high schools. Since publication in 1978, this Schaum's Outline has sold over 58,000 copies. Incorporated in this edition are the latest figures in social security, payroll taxes, and records keeping.

Master bookkeeping and accounting with Schaum's­­the high-performance study guide. It will help you cut study time, hone problem-solving skills, and achieve your personal best on exams! Students love Schaum's Outlines because they produce results. Each year, hundreds of thousands of students improve their test scores and final grades with these indispensable study guides. Get the edge on your classmates. Use Schaum's!

If you don't have a lot of time but want to excel in class, this book helps you:

• Brush up before tests
• Find answers fast
• Study quickly and more effectively
• Get the big picture without spending hours poring over lengthy textbooks

Schaum's Outlines give you the information your teachers expect you to know in a handy and concise format­­without overwhelming you with unnecessary details. You get a complete overview of the subject. Plus, you get plenty of practice exercises to test your skill. Compatible with any classroom text, Schaum's let you study at your own pace and remind you of all the important facts you need to remember­­fast! And Schaum's are so complete, they're perfect for preparing for graduate or professional exams.

Inside, you will find:

• Easy-to-understand explanations of bookkeeping and accounting concepts
• 537 fully solved problems, with step-by-step solutions
• 187 summary questions to further challenge you; Hundreds of additional practice problems, with answers supplied
• Five complete exams for testing yourself

If you want top grades and thorough understanding of bookkeeping and accounting, this powerful study tool is the best tutor you can have!

Chapters include:

• Part I: The Bookkeeping Cycle
• Assets, Liabilities, and Capital
• Debits and Credits: The Double-Entry System
• Journalizing and Posting Transactions
• Financial Statements
• Adjusting and Closing Procedures
• Examination I
• Part II: Special Journals, Ledgers, and the Worksheet
• Repetitive Transactions­­the Sales and the Purchases Journals
• The Cash Journal
• Summarizing and Reporting via the Worksheet
• Examination II
• Part III: Merchandising
• The Merchandising Company
• Costing Merchandise Inventory
• Pricing Merchandise
• Examination III
• Part IV: Specific Bookkeeping & Accounting Topics
• Negotiable Instruments
• Controlling Cash
• Payroll
• Property, Plant, and Equipment: Depreciation
• Examination IV
• Part V: Other Business Organizations
• The Partnership
• The Corporation
• Examination V
• Appendix: Mathematics
• Glossary of Bookkeeping and Accounting Terms