Schaum's Outline of Bookkeeping and Accounting (Paperback)

~ Joel Lerner (Author) "An understanding of the principles of bookkeeping and accounting is essential for anyone who is interested in a successful career in business..." (more)
Key Phrases: cleaning income, good report form, merchandise inventory turnover, Security Payable, Solved Problems, Utilities Expense (more...)

Editorial Reviews

Product Description

An ideal key to mastering bookkeeping and accounting essentials, this book also offers practical guidance. It teaches the real-world applications of the concepts discussed via a broad range of 724 answered questions and problems with detailed solutions. Students will also find abundant examples of different types of ledgers and worksheets and how they're used. The exams included, typical of those given at the high school and 2- and 4-year college levels, provide an excellent opportunity to check understanding and boost test performance.

From the Back Cover

Master bookkeeping and accounting with Schaum's­­the high-performance study guide. It will help you cut study time, hone problem-solving skills, and achieve your personal best on exams! Students love Schaum's Outlines because they produce results. Each year, hundreds of thousands of students improve their test scores and final grades with these indispensable study guides. Get the edge on your classmates. Use Schaum's!

If you don't have a lot of time but want to excel in class, this book helps you:

• Brush up before tests
• Find answers fast
• Study quickly and more effectively
• Get the big picture without spending hours poring over lengthy textbooks

Schaum's Outlines give you the information your teachers expect you to know in a handy and concise format­­without overwhelming you with unnecessary details. You get a complete overview of the subject. Plus, you get plenty of practice exercises to test your skill. Compatible with any classroom text, Schaum's let you study at your own pace and remind you of all the important facts you need to remember­­fast! And Schaum's are so complete, they're perfect for preparing for graduate or professional exams.

Inside, you will find:

• Easy-to-understand explanations of bookkeeping and accounting concepts
• 537 fully solved problems, with step-by-step solutions
• 187 summary questions to further challenge you; Hundreds of additional practice problems, with answers supplied
• Five complete exams for testing yourself

If you want top grades and thorough understanding of bookkeeping and accounting, this powerful study tool is the best tutor you can have!

Chapters include:

• Part I: The Bookkeeping Cycle
• Assets, Liabilities, and Capital
• Debits and Credits: The Double-Entry System
• Journalizing and Posting Transactions
• Financial Statements
• Adjusting and Closing Procedures
• Examination I
• Part II: Special Journals, Ledgers, and the Worksheet
• Repetitive Transactions­­the Sales and the Purchases Journals
• The Cash Journal
• Summarizing and Reporting via the Worksheet
• Examination II
• Part III: Merchandising
• The Merchandising Company
• Costing Merchandise Inventory
• Pricing Merchandise
• Examination III
• Part IV: Specific Bookkeeping & Accounting Topics
• Negotiable Instruments
• Controlling Cash
• Payroll
• Property, Plant, and Equipment: Depreciation
• Examination IV
• Part V: Other Business Organizations
• The Partnership
• The Corporation
• Examination V
• Appendix: Mathematics
• Glossary of Bookkeeping and Accounting Terms

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Product Details

• Paperback: 400 pages
• Publisher: McGraw-Hill; 3 edition (April 1, 1994)
• Language: English
• ISBN-10: 0070375933
• ISBN-13: 978-0070375932
• Product Dimensions: 10.8 x 8.2 x 0.9 inches
• Shipping Weight: 1.7 pounds
• Average Customer Review: 4.6 out of 5 stars  See all reviews (5 customer reviews)
• Amazon.com Sales Rank: #602,951 in Books (See Bestsellers in Books)

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Customer Reviews

Most Helpful Customer Reviews

45 of 47 people found the following review helpful:

4.0 out of 5 stars What a Lifesaver, July 31, 2000

By	Lisa Comstock (Fairbanks, AK USA) - See all my reviews (REAL NAME)

Just what I was looking for. College accounting was long ago and unused for many years. This book is a great one for dusting off the brain cells. It is well written, easy to understand, and even has T account diagrams. It's like college in the comfort of my own home. The exercises are to the point and provide ample worksheet space. Much better and certainly more affordable than many textbooks.

17 of 19 people found the following review helpful:

4.0 out of 5 stars Very helpful for "survey" and "college accounting" courses, August 21, 2005

By	'DJ Work' (Towson, MD USA) - See all my reviews

This well-written text closely tracks the content of "Survey of Accounting" and "College Accounting" textbooks and courses offered at many community and 4-year colleges. ("Principles of Accounting" courses are similar, but they contain more theory than the other two. This book is still good, but might need some supplements.) The exercises and problems are excellent, and the solutions appear right after them so it's easy to check your work. I would have given 5 stars if there were a few more memory aids and helpful hints to make learning the material even easier. But overall, very good and easy to follow.

2 of 2 people found the following review helpful:

5.0 out of 5 stars Schaum's Outline of Bookkeeping and Accounting, September 14, 2009

By	Teresa Christian "forever learning" (atlanta, ga) - See all my reviews (REAL NAME)

This review is from: Schaum's Outline of Bookkeeping and Accounting (Schaum's Outline Series) (Paperback)

I am very please with the content and the concise way the material is presented. It only took a few minutes to "grasp" basic accounting principles. The way the sample practice problems are laid out allow you to see "step-by-step" how the accounting cycle works. Very helpful and I would recommend it to anyone from beginner to those who just need a refresher.