Table of Contents

Preface; 1. A period of transition; 2. The role and significance of the professional association; 3. Data security and the Data Protection Act 1998; 4. The flow of documents and processes; 5. What is double entry book-keeping?; 6. Opening the books of account; 7. The day books; 8. The purchase day book; 9. The purchase returns day book; 10. The sales day book; 11. The sales returns day book; 12. The cash book; 13. The cash book: money paid in; 14. The cash book: money paid out; 15. Disagreeing with the bank; 16. The bank reconciliation; 17. The petty cash book; 18 How to write up the petty cash book; 19. The journal; 20. How to write up the journal; 21. The postage book; 22. The ledger; 23. Posting to the ledger from the day books; 24. Posting to the ledger from the cash book; 25. Balancing the ledger; 26. Discounts; 27. Control accounts; 28. Preparing control accounts step by step; 29. The trial balance; 30. How to extract a trial balance; 31. The trial balance: errors; 32. Accruals and prepayments; 33. Revenue accounts; 34. Stock in the final accounts; 35. How to compile revenue accounts; 36. Compiling revenue accounts step by step; 37. The balance sheet; 38. Compiling a balance sheet step by step; 39. Manufacturing accounts; 40. Compiling a manufacturing account step by step; 41. Depreciation: the straight line method; 42. Depreciation: the diminishing balance method; 43. Other methods of depreciation; 44. Depreciation step by step; 45. Accounting for bad and doubtful debts; 46. Accounting for bad and doubtful debts step by step; 47. Partnership accounts; 48. Partnerships: appropriation accounts; 49. Partnership accounts step by step; 50. Amalgamating sole proprietorships into a partnership; 51. How to consolidate two balance sheets; 52. Limited companies; 53. Limited companies' books and accounts; 54. Format of company accounts; 55. Revenue accounts of limited companies; 56. Balance sheets of limited companies; 57. Going limited; 58 Going limited: worked example; 59. Club accounts; 60. Club accounts: income and expenditure; 61 Fixed asset register; 62. Asset disposals; 63 Asset disposals step by step; 64. Correction of errors; 65. Correcting errors step by step; Contents; 66. Value Added Tax; 67. Accounting for VAT; 68. Incomplete records; 69. Capital comparison method step by step; 70. Bank account analysis step by step; 71. Interpreting accounts; 72. Interpreting accounts: example; 73. Wages: basic principles; 74. Coin analysis and wages book; 75. Stock records and valuation; 76. Encountering deviations from standard methods; 77. Using spreadsheet pages; 78. New developments in electronic book-keeping; 79. More advanced accounting; Sample examination papers 233; ICB Level I question paper; Model answers 245; ICB Level II question paper 252; Model answers 261; ICB Level III question paper 270; Model answers 279; IAB Level 1 question paper 288; Answer booklet 311; Model answers 325; IAB Level 2 question paper 339; Answer booklet 357; Model answers 374; IAB Level 3 question paper 390; Answer booklet 401; Model answers 412; IAB Level 3 question paper 424; Answer booklet 438; Model answers 466; IAB Level 4 question paper; Answer booklet 477; Model answers 488; OCR Advanced Subsidiary GCE Accounting Principles 500; OCR Advanced Subsidiary GCE Acounting Final Accounts 502; OCR Advanced GCE Accounting Company Accounts and Interpretation 506; AQA GCE Accounting Foundation Tier, Paper 2 508; AQA GCE Accounting Higher Tier, Paper 1 513; AQA GCE Accounting Unit 2, Financial Accounting: Introduction to the Published Accounts of Limited Companies 516; AAT NVQ/SVQ Level 2 in Accounting, Preparing Ledger Balances and Initial Trial Balance 520; AAT NVQ/SVQ Level 3 in Accounting, Recording and Evaluating Costs and Revenues 524; AAT NVQ/SVQ Level 3 in Accounting, Maintaining Financial Records and Preparing Accounts 525; AAT NVQ/SVQ Standards 528; Glossary 532; Index 537.

About the Author

PETER MARSHALL BA BSc (Econ) PhD is a professional educator in business subjects. He is also a prolific author whose books have been translated and sold worldwide.

Reviews

'This book has been planned to cover the requirements of all the major examining boards' syllabuses and achieves all it sets out to do.' - FOCUS ON BUSINESS EDUCATION '... presented in a clear and logical manner - written in plain English.' LEARNING RESOURCES NEWS 'This book has great potential value.' EDUCATIONAL EQUIPMENT MAGAZINE. 'This is a book that needs to be on your shelf if you are serious about becoming qualified in bookkeeping. www.familyfriendlyworking.co.uk. 'A rather special standard work...few make the process as simplified, concrete, and easy to understand as Mastering Book-Keeping...must-have.' Informationhub.co.uk.