Teach Yourself: Basic Accounting

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Is this the right book for me? This complete, step-by-step course in elementary accounting offers clear and concise explanations of essential principles and practices, including PAYE, cashflow statements, accounting for share capital, accounting standards, and non-financial reporting. It's ideal for newcomers, first-level accounting students, or anyone looking to refresh their skills, with no prior knowledge of bookkeeping or accounting required. The content features clear explanations, diagrams, and worked examples to help you master basic principles and apply them in practical scenarios. The chapters cover a wide range of topics, including source documents, the ledger system, double entry theory, trial balances, gross profit, balance sheets, cash flow statements, VAT, depreciation, and partnership accounts, among others. The book is designed for effortless learning with an easy-to-read layout and interactive features. It includes brief introductions to key principles, author insights, quick tips, tests to track progress, and extra online articles for deeper understanding. Innovative exercises help illustrate concepts and their practical applications.