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How to use this Interactive Text v Approach to examining the syllabus vi The computer based examination vii Tackling multiple choice questions viii
Part A Introduction to transaction accounting
1 Business transactions and documentation 3 2 Assets, liabilities and the accounting equation` 31 3 Statement of financial position and income statement 45 4 Recording, summarising and posting transactions 53 5 Completing ledger accounts 87
Part B Recording and accounting for cash transactions
6 Receiving and checking money 117 7 Banking monies received 135 8 Recording monies received 157 9 Authorising and making payments 169 10 Recording payments 197 11 Maintaining petty cash records 211 12 Bank reconciliations 247
Part C Recording and accounting for credit transactions
13 Sales and sales returns day books 263 14 The receivables ledger 285 15 Purchase and purchase returns day books 309 16 The payables ledger 333 17 Control accounts 351
Part D Payroll
18 Recording payroll transactions 363
Exam question bank 401 Exam answer bank 408 List of key terms 413 Index 415 Review form and free prize draw
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