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Introduction to the Balance Sheet & Profit and Loss Account

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For just £5 you will receive a comprehensive introduction to the Profit and Loss Account and Balance Sheet. Here's the introduction from the chapter to whet your appetite:

This chapter is designed to take you step by step into the world of the accountant: you are going to find out what a balance sheet is, what assets are what liabilities are and what capital is. You will also find out about different types of asset, of different types of liability and of different ways in which an owner can keep his investment in an enterprise. Finally, you will also find out why a balance sheet always balances!

We recommend that you have a pencil and paper handy so that you can take notes as we work through the exercises. If you persevere with this chapter, you will find that what follows will fall into place much more easily.

There is a at the end of this chapter and that glossary ties in with what we have called the Key Words section that features after several examples in the scenario on which this chapter is based. Not everyone who reads this chapter will need this glossary but what it contains are the explanations of the basic concepts on which the accountant bases all of his work.

email support: all fully paid up subscribers will be free to ask follow up questions by email to seek clarification and further guidance as they wish: we promise a turnaround of within 24 hours of all questions.

Format: our work comes in Adobe Acrobat format..

Place your order: to order, just go to the Financial Accounting Department's OnLine Shop now and to confirm whether you want the email and/or the Paper based or CD-ROM based version.