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Schaum's Outline of Principles of Accounting I
Confused by accounting? Problem solved.
"Schaum's Outline of Principles of Accounting I" helps you understand basic accounting concepts and offer extra practice on topics such as debits, credits, the chart of accounts, the ledger, inventory measurement, net realizable value, recovery of bad debts, and methods for computing interest. Coverage also includes fixed assets, depreciation and scrap value, methods of depreciation, payroll, and payroll taxes.
"Schaum's Outline of Principles of Accounting I" helps you understand basic accounting concepts and offer extra practice on topics such as debits, credits, the chart of accounts, the ledger, inventory measurement, net realizable value, recovery of bad debts, and methods for computing interest. Coverage also includes fixed assets, depreciation and scrap value, methods of depreciation, payroll, and payroll taxes.
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615 pages, Kindle Edition
First published September 1, 1998
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Displaying 1 of 1 review
July 12, 2025
Shhhh... Read these 3 Schaum books which will take you 2 hours a day for a month (unless you can't read or write, in which case it will take you longer):
--Principles of Accounting
--Intermediate Accounting I
--Intermediate Accounting II
You are now better at accounting than 3/4 of the people in your company's accounting department. These 3 books are the Rosetta Stone for business, and will make you a better investor than 90% of the pleblic.
Why buy Kieso & Weygandt when these books teach you just as well, and in 1/10th of the time?
Assets + Liabilities = Equity. Journalize transactions in the General Ledger (GL) as they occur. Then post them to the Trial Balance (TB). Use the TB to create a General Journal (GJ). Use the GJ to draft financial statements. If you are using cash-basis accounting, don't forget to disclose this in the footnotes with your 10K or you will get into trouble with the SEC, and face a fine of up to $500. /jk
Income Statement, Balance Sheet, Cash Flow Statement. Accounting is not boring, accountants have the power!
--Principles of Accounting
--Intermediate Accounting I
--Intermediate Accounting II
You are now better at accounting than 3/4 of the people in your company's accounting department. These 3 books are the Rosetta Stone for business, and will make you a better investor than 90% of the pleblic.
Why buy Kieso & Weygandt when these books teach you just as well, and in 1/10th of the time?
Assets + Liabilities = Equity. Journalize transactions in the General Ledger (GL) as they occur. Then post them to the Trial Balance (TB). Use the TB to create a General Journal (GJ). Use the GJ to draft financial statements. If you are using cash-basis accounting, don't forget to disclose this in the footnotes with your 10K or you will get into trouble with the SEC, and face a fine of up to $500. /jk
Income Statement, Balance Sheet, Cash Flow Statement. Accounting is not boring, accountants have the power!
Displaying 1 of 1 review