Simplified accounting for sole proprietorship / Nelson S. Abeleda

Includes index.

Chapter 1. Introduction to accounting -- Chapter 2. Recording the business transactions -- Chapter 3. Financial statements -- Chapter 4. Completing the accounting process -- Chapter 5. Accounting for merchandising business -- Chapter 6. Recording transactions wit VAT -- Chapter 7. Special journals -- Chapter 8. Bank reconciliation statement -- Chapter 9. Financial statement analysis -- Chapter 10. Manufacturing business.

The author has ventured to write this book in response to the need for a simplified textbook in basic accounting (introduction to accounting) which can be used by business students with the minimum guidance from the teacher. It has been the experience of this author in his more than two decades of teaching accounting subjects both in the undergraduate and CPA Review program, that if the foundation of the students in basic accounting is not solid, they, find it difficult to understand higher accounting subjects much more to pass the CPA licensure examination. It is the belief of the author that accounting is not as difficult as most non-accountants think it is. A very strong foundation in basic accounting is the key to success for those who. want to make accounting as their career. This is the primary objective of this book.