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Bookkeeping the Easy Way (Bookkeeping the Easy Way, 2nd ed)
 
 
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Bookkeeping the Easy Way (Bookkeeping the Easy Way, 2nd ed) [Paperback]

Wallace W. Kravitz (Author)
3.4 out of 5 stars  See all reviews (15 customer reviews)


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Paperback, Bargain Price $6.80  
Paperback, May 1990 --  
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Book Description

0812043715 978-0812043716 May 1990 2nd
Kravitz provides a clearly organized guide to bookkeeping principles with many helpful examples and exercises.


Product Details

  • Paperback: 284 pages
  • Publisher: Barrons Educational Series Inc; 2nd edition (May 1990)
  • Language: English
  • ISBN-10: 0812043715
  • ISBN-13: 978-0812043716
  • Product Dimensions: 10.6 x 7.6 x 0.7 inches
  • Shipping Weight: 1.4 pounds
  • Average Customer Review: 3.4 out of 5 stars  See all reviews (15 customer reviews)
  • Amazon Best Sellers Rank: #2,256,263 in Books (See Top 100 in Books)

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Customer Reviews

15 Reviews
5 star:
 (6)
4 star:
 (3)
3 star:
 (1)
2 star:
 (1)
1 star:
 (4)
 
 
 
 
 
Average Customer Review
3.4 out of 5 stars (15 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

163 of 166 people found the following review helpful:
4.0 out of 5 stars Well Done!, April 21, 2000
As a CPA, I frequently encounter small businesses who have hired bookkeepers and accounting clerks with little to no experience. Thankfully, these people have been bright and eager to learn, and I am often asked if I could recommend a course or book on the subject. Your local high school will probably have adult education classes in bookkeeping. In addition, your community college will offer relatively inexpensive courses in accounting (though these courses can be quite challenging and too indepth for the bookeeper who simply wants to record cash receipts and disbursements and balance the check book). To recommend a book, I had to do a little research.

I set out to find a book that presents bookkeeping in a clear and concise manner; this was not an easy task. Many books throw the reader into accounting too quickly or weigh him/her down in pages of text before getting to anything remotely interesting. These books leave the reader frustrated.

I reviewed several (7 or 8) bookkeeping and basic accounting books at my local book store (sorry, Amazon, sometimes I need to see more than the cover of a book, but I already told you this). I found that Bookkeeping the Easy Way was the best of the bunch. It sets a clear and concise foundation of basic bookkeeping principals. Each chapter has a discussion with simple and easy to follow examples. Each chapter ends with a review of vocabulary and additional questions/problems and answers. The table of contents and index are clear and appear to be accurate.

Bottom line, I gave this book to one of my clients, and three days later she called and said, "Kate, I finally understand what you have been trying to tell me... Assets = Liabilities + Equity," and we both laughed.

I don't think that any book on this subject will be as helpful as classroom or on-the-job training (with a knowledgeable supervisor), but if you're determined to try to learn on your own, I think that you might find this book helpful.

I wish you well in your endeavours.

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33 of 33 people found the following review helpful:
4.0 out of 5 stars Good Basic Understanding, January 14, 2003
By A Customer
When I was trying to find a bookkeeping book it was hard to sort through the many choices offered on Amazon.com. If you are like me and want to get a basic understanding of bookkeeping with a chance to practice then this one will work for you as it provides all of the basics necessary to understand double entry bookkeeping. I had accounting in college many years ago but never really understood bookkeeping. This text walks you through the subject from the ground up. Presented in short lessons with lots of practice exercises it is practical, and well presented. The book has been updated (1999) but it was clearly originally written long ago (the original copyright is 1983) so be prepared to feel as though you are in the 70's as you do the exercises. There are several errors (which begin appearing in Chapter 10) where the answer key does not match even the original data provided in the problem but if you know this (another reviewer had mentioned this when I was researching this book and that was very helpful to know ahead of time) then even their mistakes can be used to keep you on your toes and enhance your learning by trying to discover where the errors are! (The errors aren't so gross that it interfered with my understanding of the material.)

Even though you may never actually do bookkeeping using hand written entries and journals and ledgers as the exercises in the book ask you to do, the understanding of how this all works can help with knowing what is going on behind the scenes in Quickbooks or other accounting software. My only caveat may be that if you don't have any business experience whatsoever, it might not be substantial enough. I would still get this book and then supplement it with other general business books. A great companion whose first 5 chapters mesh well with this book and which then takes you beyond bookkeeping into accounting is The McGraw-Hill 36-Hour Accounting Course, Third Edition. The focus of Bookkeeping The Easy Way is small business and the McGraw-Hill book is corporate focused.

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29 of 30 people found the following review helpful:
5.0 out of 5 stars Easy to Understand!, October 16, 2000
By 
My husband has started his own small business and I am his Office Manager, so I started reading different books on Bookkeeping & Accounting. Most of them did nothing more than confuse me. I found this book to be Excellent! It is easy to understand, easy to follow, and the questions & problems section (practice lessons) really helped me. I would definitely recommend this book to anyone who needs to understand the basics!
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Inside This Book (learn more)
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First Sentence:
The fundamental elements of all bookkeeping systems deal with keeping records for changes that occur in ASSETS, LIABILITIES, and OWNER'S EQUITY. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
purchases journal page, check stub balance, posting reference column, bookkeeping equation, income statement columns, credit column totals, general journal page, completed work sheet, capital statement, combination journal, journal page number, controlling account, fiscal period, bookkeeping clerk, debits equal credits, posting references, cash disbursements journal, cash receipts journal, expense summary, closing entries, subsidiary ledger, credit memorandum, trial balance, posting procedure, petty cash fund
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Balance Date, Debit Credit, General General Accts, Island National Bank, Thomas Morales, Payment Received, Credit Debit, Salary Expense, Evergreen Landscaping Service, Date Account Credited, Date Account Title, Advertising Expense, Date To Whom Sold, New York, Page Date, Total Liab, Date Explanation, Petty Cash Voucher Date, Frank Puccio, Rent Expense, Ace Electricians, Emilee Suzanne, Petty Cash Voucher Pay, Alan Korn, Hudson's Department Store
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