Description
Accounting 1B is a practical and comprehensive guide to the intermediate concepts and principles of accounting. This book will be invaluable to those seeking foundational knowledge of current terminology and concepts which this ‘international language of business’ has to offer. The purpose of the book is to provide students with basic knowledge of the reconciliation function up to the trial balance, asset realisation procedures and year-end accounting. By following the basic principles taught in this manual, such individuals are provided the opportunity to enhance their financial skills and come to terms with the Accounting Framework, the double entry system, and the processing of a wide variety of business transactions. To this effect the most common statutory requirements in a business environment are addressed.
