Accounting Principles
Introduction
The Accounting Entity
Money as a Measurement
Double Entry
How Transactions Affect the Balance Sheet
Debit and Credit
The "T-Account"
Meaning of Debit and Credit
Rules of Debit and Credit
Measure of Income
The Meaning of Income
Rules for Revenues and Expenses
The Accrual Principle
Accrued Expenses
Accrued Revenue
Deferred Revenue
Debtors (Accounts Receivable)
Timing of Revenue Recognition
Bad Debts
Creditors (Accounts Payable)
Matching Principle
Balance Sheet vs. Income Statement
Income Statement
Accounting Reports
Accounting Entries
Journals and Ledgers
Cash Receipts
Cash Disbursements Journal
Debtors (Accounts Receivable)
Creditors (Accounts Payable)
Purchase Invoice Payment
Payable Invoices File
Assets vs Expenses
Asset Acquisition Costs
Employee Costs
VAT/Sales Tax
Adjusting and Closing Entries
Adjusting Entries
Cost of Sales
Depreciation
Accumulated Depreciation
Gains and Losses
Cost Allocations
Closing Entries
Using Accounting Information
Required Reports
Operating Information
Corporation Tax Accounting
Cash Basis Accounting
Depreciation
Analysis of Financial Statements
Balance Sheet Analysis
Income Statement Analysis
Budgets
Cost vs. Value
Disclaimer