basic accounting pdf

endobj ACCOUNTING BASICS THIS STUDY NOTE INCLUDES: 1.1 Accounting Principles, Concepts and Conventions 1.2 Capital and Revenue transactions - capital and revenue expenditures,capital and … Learn about the most important principles of accounting concepts such as bookkeeping, the double entry system, accruals and matching principles, how to prepare financial statements, and more. Transaction involves transfer of money or money’s worth. /ItalicAngle 0 >> /Type /FontDescriptor [ 278 333 0 0 556 0 0 0 333 333 0 584 278 333 0 278 556 556 556 556 556 556 /Subtype /TrueType Our goal is present a basic … Tax accounting, in contrast, is based on laws enacted through a highly political legislative process. x��U]o1|��S�'E�H�F��H}��@�$ endobj /Widths 7 0 R /LastChar 122 /Group << /Type /Group /S /Transparency /CS /DeviceRGB >> Academia.edu is a platform for academics to share research papers. /Encoding /WinAnsiEncoding /StructParents 0 0 556 833 722 778 667 0 722 667 611 722 667 944 0 0 0 0 0 0 0 556 0 556 556 /Ascent 905 /ItalicAngle 0 *�7 �#BE��&hn�)��_��S��+�c�+f�� /FirstChar 32 7 0 obj >> /Ascent 905 ��Ky)�[��(��N�� Z��{&]�T1/�@�_K��M��6V��-Wd]ȍS��E�cH�*k��V6� Download Basic Accounting Principles book is free and available for anyone to download as a pdf. endobj /CapHeight 728 /Resources << /Font << /F1 2 0 R /F2 3 0 R >> >> 1.4 Accounting Cycle 1.5 1.5 Basic Accounting Terms 1.6 1.6 Generally Accepted Accounting Principles 1.10 1.7 Accounting Concepts and Conventions 1.10 1.8 Events & Transactions 1.14 1.9 Voucher 1.14 … /Name /F1 /Type /Font /FontName /Arial,Bold /BaseFont /Arial,Bold /Name /F2 /MediaBox [ 0 0 720 540 ] 500 556 556 278 556 556 222 222 500 222 833 556 556 556 556 333 500 278 556 /AvgWidth 479 /Parent 5 0 R Note: If you're looking for a free download links of BASIC ACCOUNTING Pdf, epub, docx and torrent then this site is not for you. Assets are decreased by $1,800 • Assets are … 500 722 500 500 500 ] :��u�ؔ�H�F|=��h�q��:o��ϖ`��M�,D��. Download full BASIC ACCOUNTING Pdf in PDF and EPUB Formats for free. In this explanation of accounting basics, and throughout all of the free materials and the PRO materials, we will often omit some accounting details and complexities in order to present clear and concise explanations. /FirstChar 32 Accounting Basics For Beginners ACCOUNTING BASICS FOR BEGINNERS Module 1: Nature of Financial Accounting 8 0 obj 4 0 obj /Type /Page In business activity a lot of “give & take” exist which is known as transaction. /Rotate 360 << /Contents 4 0 R 778 667 0 722 667 611 0 0 944 667 667 0 0 0 0 0 0 0 556 611 556 611 556 333 The book is also available to read online, in mobile and kindle reading. %�� /LastChar 122 556 556 556 556 278 278 0 0 0 556 0 667 667 722 722 667 611 778 722 278 500 >> endobj An accountant is a person who does the basic job of maintaining accounts as he is the man who is engaged in book keeping. stream /FontDescriptor 6 0 R << /Subtype /TrueType endobj 3 0 obj 1 0 obj û¬LtÙ×qóàâ6~İİ¦o¤6U2~æğœbRºY¬á�n€EÆ‘½s‚vj_Ï“µ�º%Ì—³Ùİ'›`Vãa7u‹�Û?ô�kR¥\»&Ë9. Since the managers would always want to know the financial performance of the business. /MaxWidth 2665 ÕñˆÛ™Åj-?uğ«…Lrvwl1+(¸Ø1E=Ê¦a«ö¤™6 ?[4. /Leading 33 >> /Widths 9 0 R << %PDF-1.4 << 9 0 obj /Leading 33 << >> /CapHeight 728 [ 278 0 0 0 556 0 667 0 333 333 0 0 278 333 278 278 556 556 556 556 556 556 /Type /Font /Descent -210 /Type /FontDescriptor Ebookphp.com only do ebook promotions online and we does not distribute any free download of ebook on this site. /FontName /Arial /StemV 44 /Flags 32 The accounting processes, terminology and theory described here relates to our own experiences here in the USA, and may not translate exactly to your own local, regional, or national customs, laws, or practices. 611 611 278 0 556 278 889 611 611 611 0 389 556 333 611 556 778 556 556 500 ] /AvgWidth 441 ��;�pgmE�ήwvfכ��ߏ��WWף!��$�BJ��-��s�傭�⋗ )��t�>��!4y��9}�c�W]#��N�[ߓe��+�p܆BG')��=�&O1�I'O��tr��^��^�)�_:+a��U(��^�P�ȅPY�"� /StemV 47 � ��ЀlO �]jK��}j�?3�*��b�*��%_��T�E�� )T��O4�Ba��t�_��E�t��d��n{�aR�x�vT�߱�1!8�E,��? basic accounting principles, the revenue recognition principle and the matching principle, assure that a company’s income statement reports a company’s profitability. • Accrual Accounting • Basic Bookkeeping • Chart of Accounts • Double-Entry Accounting • Debits & Credits • The Journal • The Ledger . endobj /XHeight 250 /Flags 32 2 0 obj /Descent -210 /BaseFont /Arial /XHeight 250 endobj 6 0 obj %��Jx��&`D4BNCY%��B�҈5&`��Y��+�i�M��ؐ�g�H��^�,��vOu�S��"�=��á��~�B�z|��g�H�y[+1��~�W*sެ��M�w烐y��j*�j! Financial accounting is determined by rules that seek to best portray the financial position and results of an entity. >> /Encoding /WinAnsiEncoding /FontBBox [ -628 -210 2000 728 ] /Filter /FlateDecode /FontWeight 700 Assets are increased by $4,000 • You spent $1,800. In the U.S., tax accounting … /FontBBox [ -665 -210 2000 728 ] << /MaxWidth 2628 /Tabs /S /FontDescriptor 8 0 R So in accounting terms: • The $4,000 sale was made up of $2,000 cash and $2,000 to be received later. Basic Accounting Principles Business Environment 60 5 BASIC ACCOUNTING PRINCIPLES 5.0 INTRODUCTION We have studied economic activities which have been converted into business activities. /FontWeight 400 /Length 753 0 556 556 0 0 0 0 0 0 0 0 722 722 722 722 667 0 0 0 278 556 0 611 833 722