Download or read book A-Z Guide Basic Accounting Skills written by Annelize iLiffe and published by Ai Education. This book was released on 2017-11-06 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: This A-Z Accounting guide is specifically written for beginners. It is a continuation of the e-book Learning your Accounting basics. - Simple English. - User-friendly. - Concepts link together, enabling the reader to move successfully onto the next section. - Story format - One concept per page - Learn concepts while practising - Suitable for Accounting/EMS - classroom and home use It covers all the basic concepts including: 1) Introduction, theory and accounting equations. 2) Cash and credit journals (books of first entry) 3) Posting to the General Ledger, balancing the ledger accounts and preparing a Trial Balance. 4) Debtors Ledger (Accounts Receivable Ledger), Debtors Control (Accounts Receivable Control) and Introduction to Bank Statements. 5) Creditors Ledger (Accounts Payable Ledger) and Creditors Control (Accounts Payable Control). 6) Petty cash 7) Mark-ups and gross profit percentages. 8) Income Statement (Statement of Comprehensive Income) 9) Balance Sheet (Statement of Financial Position) 10) Ratios and Interpretation of Financial Statements