Figure 2.1 The balance sheet equation Jan 1 J. Gough commenced business as 'Gough's Real Estate' by depositing $200 000 in cash as capital. This results in an asset (cash at bank) of $200 000, being equal to owner's equity (capital) of ...
GIVE ME AN EXAMPLE 2.6 The statement of financial position does not show the true value of an entity Balfour Beatty plc's published report and accounts for the year ended 31 December 2013 showed a net assets (total assets less total ...
1 Bradbury Ltd is a family»owned clothes manufacturer based in the South' west of England. For a number of years the chairman and managing director of the company was David Bradbury. During his period of office the company's sales ...
Accounting for Business: To Trial Balance
It is ideal for first year undergraduates of business studies, higher students and those pursuing professional accountancy qualifications. This third edition has been restructured, to further enhance its 'student centred' approach.
This book is written for those who may be responsible for, or are generally interested in, the activities of organizations but do not have the knowledge to interpret the financial information that is available.
It is ideal for first year undergraduates of business studies, higher students and those pursuing professional accountancy qualifications. This third edition has been restructured, to further enhance its 'student centred' approach.
Its business-oriented focus combined with a clear, concise writing style - an approach proven successful in the first edition - helps students gain competency in preliminary accounting concepts and applications in a practical way.