Essential ClassNotes Intro to Bookkeeping (US) Study Notes, Review Questions and Classroom Discussion Topics

Information presented in class often contains the core concepts of the course. Yet, students frequently fail to master the skills of classroom notetaking. Our Essential ClassNotes products provide study notes that are specific and concrete. Review questions and classroom discussion topics are also included to make sure students are truly involved in the ideas and information being presented. Below shows the TOC of the book: CONTENT UPDATES 2 ABOUT THIS BOOK 2 US ACCOUNTING ENVIRONMENT 3 PRINCIPLES AND STANDARDS 3 IFRS AND IAS 6 THE ACCRUAL PRINCIPLE 8 THE HISTORICAL COST PRINCIPLE 10 THE CONSISTENCY PRINCIPLE 11 THE PRUDENCE PRINCIPLE 12 THE MATERIALITY PRINCIPLE 13 THE MATCHING PRINCIPLE, THE TRIAL BALANCE AND THE RELATED ADJUSTMENTS 14 THE SEPARATE LEGAL ENTITY CONCEPT 17 THE CONSERVATIVE PRINCIPLE 18 THE GOING CONCERN CONCEPT 19 THE ACCOUNTING EQUATION 20 CHAPTER REVIEW QUESTIONS AND ANSWERS 21 BASIC CONCEPTS ON BOOKKEEPING 24 BOOKKEEPING METHODS 24 THE BOOKKEEPING CYCLE 26 DEBITS AND CREDITS 27 RECORDING AND POSTING TRANSACTIONS 31 GENERAL LEDGER VS GENERAL JOURNAL 33 TRIAL BALANCE AND THE NEEDS/PATTERNS OF ADJUSTMENT 35 TRIAL BALANCE AND THE CORRECTION OF ERRORS 37 BANK RECONCILIATION 39 CLOSING JOURNAL ENTRIES 43 SOURCE DOCUMENTS 44 PAYROLL ACCOUNTING 45 PROCESSING TRAVEL EXPENSES REIMBURSEMENT 52 CHAPTER REVIEW QUESTIONS AND ANSWERS 55